The global economy has experienced numerous economic crises over the past two decades, from the global financial crisis to the COVID-19 pandemic, and the Russian-Ukraine war. These crises have had a severe impact on economies that have less…
In Africa’s efforts to achieve economic growth and enhance integration, the focus on intra-regional trade has intensified, fuelled by geographical proximity, and interconnected market dynamics. However, significant obstacles remain, one of which…
Background: Namibia is an open economy where international trade accounts for a greater
proportion of gross domestic product (GDP). Openness of the Namibian economy for the
period 2010 to 2018 has been on average 111% of GDP. The high level of…