Book Chapter
Terms of Trade and Growth of Resource Economies
The current paper demonstrates a dichotomy of the growth response to changes in the barter terms of trade, employing as case studies the two African countries, Botswana and Nigeria. Using distributed-lag analysis, the paper finds that the effect of...
Working Paper
Regulatory Reform for Closing Africa’s Competitiveness Gap
Over the past decade, Africa has been experiencing an economic resurgence. Yet, the continent is facing several difficult challenges and many economies of the region continue to be among the least competitive in the world. Africa’s competitiveness is...
Working Paper
Liberalized trade policy and inequality
The phased elimination of the Multi-Fibre Arrangement has been one of the most compelling trade policy reforms of the early twenty-first century, and has brought in significant changes in the industrial structures of the countries of the global south...
Working Paper
External Liberalization, Economic Performance, and Distribution in Latin America and Elsewhere
As seen from the year 2001, economic policy in developing and post-socialist economies during the preceding 10-15 years had one dominating theme - external 'liberalization' or the drastic lowering or removal of long-standing barriers to almost all...
Working Paper
The Problem of Anti-Dumping Protection and Developing Country Exports
The most often used form of contingent protection is the anti-dumping (AD) mechanism. In 1999 the number of AD cases initiated accounted for 86.32 per cent of the total of three main types of contingent protection measures used; countervailing duty...
Working Paper
From GATT to WTO and Beyond
The object of this paper is to analyse the evolution of the international trading system from its inception as GATT in 1947 to its latest incarnation as WTO, comprising the complex array of agreements forming its substance and mandate. The study...
Working Paper
Price Scissors, Rationing, and Coercion
This paper re-examines the current debate on price scissors based on an extended framework, in which the production and trade of industrial consumer goods within the rural sector is incorporated. It confirms that in the economy considered by...
Working Paper
Trade Liberalization and Spatial Inequality
In this paper we calibrate two static computable general equilibrium (CGE) models with respectively 16 and 5,999 representative households. Aggregated and disaggregated household categories are consistently embedded in a 2000 social accounting matrix...
Book Chapter
Regulatory Reform for Closing Africa's Competitiveness Gap
From the book: Oxford Handbook of Africa and Economics, Vol. 2.
Working Paper
The Rise of the Southern Economies
The rise of the emerging southern economies – China, India, Brazil, and South Africa (CIBS) – as both economic and political actors, is having significant and far-reaching impact on the world economy. Notwithstanding the increasing amount of study...
Working Paper
Effect of the Liberalization of Investment Policies on Employment and Investment of Multinational Corporations in Africa
There has been a remarkable shift in the attitudes towards globalization. Specifically, the discussion among academics and policymakers has shifted from whether globalization should be encouraged to how countries can position themselves to benefit...
Working Paper
Gender Dimensions to the Incidence of Tariff Liberalization
This paper evaluates a topic in the globalization and poverty debate that is often difficult to measure, namely the transmission of price changes associated with tariff liberalization to households. Furthermore, it raises the question of whether...
Working Paper
Trade Liberalization, Employment Flows and Wage Inequality in Brazil
Using nationally representative, economy-wide data, this paper investigates the relative importance of trade-mandated effects on industry wage premiums; industry and economy-wide skill premiums; and employment flows in accounting for changes in the...
Journal Article
Aid and Trade Sustainability under Liberalisation in Least Developed Countries
This study investigates the effect of trade liberalisation on export growth, import growth, the trade balance and the current account of the balance of payments in 17 Least Developed Countries (LDCs) over the period 1970 to 2001. The paper also...
Working Paper
Geography and Development in Africa
Geography causes African countries to experience a ‘proximity gap’. To overcome this gap a ‘big push’ may be needed in infrastructure. The cross-border nature of such infrastructure requires regional cooperation in at least four issues: transport...
Working Paper
Trade Sustainability and Aid under Liberalization in Fragile Least Developed Countries
This study investigates the effect of trade liberalization on export growth, import growth, the trade balance and the current account of the balance of payments in 17 least developed countries (LDCs) over the period 1970 to 2001. The paper also...
Working Paper
Conditionality
Three changes in conditionality of loans are proposed in this study, in order to improve the relations between developing country borrowers and international lending agencies, and make the international cooperative effort at development and stability...
Working Paper
Economic Polarization Through Trade
The paper analyses the impact trade liberalization and economic integration have had on regional growth and regional disparities in Mexico over the last two decades. It is highlighted that the passage from an import substitution system to membership...
Working Paper
Export Dynamism and Market Access
Market access liberalization has influenced product-specific growth of world exports and contributed to the shift in the structure of world exports of manufactures towards electrical and electronic goods (including parts and components), goods that...
Working Paper
The EU's Everything But Arms Initiative and the Least-developed Countries
Using a computable general equilibrium simulation model and partial equilibrium simulations, based on the SMART model, the paper attempts to assess the aggregate worldwide distribution of gains and losses of the EU’s Everything But Arms (EBA)...
Working Paper
Trade Liberalization, Agriculture, and Poverty in Low-income Countries
This paper offers an economic assessment of the opportunities and challenges provided by the WTO’s Doha Development Agenda, particularly through agricultural trade liberalization, for low-income countries seeking to trade their way out of poverty...
Working Paper
Terms of Trade and Growth of Resource Economies
The current paper demonstrates a dichotomy of the growth response to changes in the barter terms of trade, employing as case studies the two African countries, Botswana and Nigeria. Using distributed-lag analysis, the paper finds that the effect of...
Working Paper
Industrial Policy in the Twenty-First Century
Industrial policy has attracted considerable controversy in the development context. This paper makes a case for a pragmatic and limited approach to interventions as a means of stimulating industrialization in the context of current and future...