Africa's Trade Revisted

Volume/Issue: Volume 2001 Issue 033
Publication date: March 2001
ISBN: 9781451845181
$20.00
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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , WP , trade , trade performance , country , trade opportunity , Africa , globalization , gravity model , regional integration , Africa's trade , aggregate trade , trade dummy , transaction costs , Gravity models , Trading arrangements , Plurilateral trade , Personal income , Southern Africa , East Africa , Global

Summary

The popular impression that Africa has not integrated into world trade, as suggested by the evolution in simple indicators, has been called into question recently by more formal analysis. This paper refines and generalizes this analysis, but lends support to the popular view of disintegration. Africa, especially Francophone Africa, is currently under-exploiting its trading opportunities and has witnessed disintegration over time, a trend that is most pronounced in its trade with the technologically advanced countries.