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The Impact of Subregional Integration on Bilateral Trade: The Case of UEMOA

"The aim of this study was to evaluate the impact of preferential trade agreements and the monetary union on bilateral trade between UEMOA member countries. With the use of a dynamic gravity model, it was possible to realize that membership in a...

Trade, Industry and Technology Development in Sub Saharan Africa: Policies, Response and Effects

"This paper focuses on the inter-relationships among trade, industrialization and technological development in the context of the overall process of economic development in sub-Saharan Africa (SSA) countries. The paper pays particular attention to...

The Role of Infrastructure in Determining Export Competitiveness: Framework Paper

"Trade is beneficial for poverty reduction. There is little persuasive evidence concerning the effect of trade on income and therefore growth.The role of infrastructure in determining trade costs and therefore export competitiveness is explored in...

Trade, Payments Liberalization and Economic Performance in Ghana

"Trade and payments liberalization will have implications for employment, economic growth, balance of payments, government budgets and inflation. Experience varies across the continent depending upon the initial conditions before liberalization, s...

Transmission Channels and Impact of Global Financial Crisis on Sub-Saharan Africa Economies

"Since the onset of financial crisis, different thoughts have been investigated to address the issues of crisis on African economies. This study reviews transmission channels through which the effects of crisis has spread over Sub-Saharan Africa e...

Uganda's Equilibrium Real Exchange Rate and its Implications for Non-Traditional Export Performance

"Pursuit of an exchange rate policy that promotes the competitiveness of exports would be greatly facilitated if the policy maker were able to establish the level of misalignment of the exchange rate and thereby try to correct for it. The motivat...

Policy Commitment Arrangements for Africa: Implications for Aid, Trade and Investment Flows

"This paper focuses on the commitment mechanisms a government can use to build credibility in trade and investment policies. We refer to commitment mechanisms as "agencies of restraint". We classify such agencies according to their domicile and t...

Policy Modelling in Agriculture: Testing the Response of Agriculture to Adjustment Policies in Nigeria

"This study achieves two objectives. First, it specifies, estimates and solves a basic agricultural policy model that could be used to evaluate the effects of policies targeting the agricultural sector such as the adjustment programme. The model...

Potentials for Diversifying Nigeria's Non-Oil Exports to Non-Traditional Markets

"This study seeks to identify ways in which Nigeria can improve her export performance. The specific objectives of the study are: to identify new markets to target within the context of Nigeria’s export diversification policy; to identify product...

Productivity Growth in Nigerian Manufacturing and its Correlation to Trade Policy Regimes/Indexes (1962–1985)

"While the centrality of productivity enhancement to growth acceleration is one issue around which broad consensus exists in theory and empiricism, the role of trade policy in fostering productivity growth has received only modest attention. This ...

Productivity, Market Structure and Trade Liberalization in Nigeria

"This study investigates the relationship between trade liberalization and the market structure and productivity performance of the Nigerian manufacturing sector. The study also shows that foreign ownership has an important bearing on firm perfor...

Profiles and Determinants of Nigeria's Balance of Payments:The Current Account Component, 1950-88

"This study attempts to do the following: Profile the key components of Nigeria's balance of payments covering the period 1950-1988; Develop relevant variants of export and import models of Nigeria's balance of payments; Estimate the parameters o...

Price, Exchange Rate Volatility and Nigeria’s Agricultural Trade Flows: A Dynamic Analysis

"The overall objective of the study is to determine empirically the dynamic effects of exchange rate fluctuations on Nigerian agricultural export markets and to examine the relevance of exchange rate risk in agricultural trade flows. Specifically...

Real Exchange Rate Movements and Export Growth: Nigeria, 1960—1990

"This report analyses the effects of real exchange rate (RER) movements (defined in terms of misalignment and volatility) on the growth of non-oil exports in Nigeria over the period 1960—1990. RER is defined as the relative price of tradeables to...

Relative Price Variability and Inflation: Evidence from the Agricultural Sector in Nigeria

"The main objective of this study is to establish quantitative relationships among the relative price volatility of agricultural commodities, inflation and agricultural policies in Nigeria. The findings suggest the need for policies that will buff...

Tanzania's Trade with PTA Countries: A Special Emphasis on Non-Traditional Products

"This study investigates Tanzania's trade with other Preferential Trading Area (PTA) countries to observe how the formation of PTA and other trade incentives have affected trade. The results indicate a huge increase of trade in non-traditional g...

The Business of Exporting: Transaction Costs Facing Suppliers in Sub-Saharan Africa

"The purpose of this paper is to give a broad overview of the difficulties SSA’s high transaction costs present to African exporters. The paper discusses transaction costs and market related problems facing African exporters at all the levels of ...

The Effect of Export Earnings Fluctuations on Capital Formation in Nigeria

"The purpose of the study is to explore the association between export earnings fluctuations and capital formation in Nigeria. In doing so, the study presents three novelties. First, the standard transmission channels of fluctuations in export ea...

The Effects of the Global Financial Crisis on Exports in Least Developed Countries

"This study tries to shed some light on the actual and possible effects of the GFC on trade in LDCs, specifically focusing on the 32 states that make up the World Trade Organization’s LDC Group. The analysis is particularly important for sub-Sahar...

The Effects of Trade Liberalization on Productive Efficiency : Some Evidence from the Electrical Industry in Cameroon

"This study assesses the impact of trade liberalization in the Union Douaniere des Etats de l'Afrique Centrale (UDEAC) on the productive efficiency of the electrical plants in Cameroon. Essential elements of the liberalization package may be summa...

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