This article critically examines the state of trade facilitation in Kenya, highlighting the interplay
between institutional reforms, infrastructure development, and regional integration
commitments. Anchored within the framework of the WTO Trade…
Purpose: The African Continental Free Trade Area (AfCFTA) represents a monumental step toward the economic integration of the African continent, aiming to create a single market for goods and services among 55 African Union member states. With an…
The objective of this paper is to analyse the socioeconomic implications of Chinese Belt and
Road Initiative (BRI) which comes in the form of enhanced infrastructure development, loans
and foreign direct investment. This has led to China becoming…
This study examines Africa’s reliance on imported products using fivecriteria: market concentration, foreign demand, capacity for domestic substitution, market relevance, and product elasticity of substitution. Byanalyzing Africa’s imports with over…
This study examines how the 2008/2009 global financial crisis (GFC) and the COVID-19 pandemic differentially impacted Kenya's export and import performance at the firm level. Utilising monthly firm-level customs data from 2006 to 2022, we decompose…
Historical experience suggests that improving employment and working conditions is not achievable without structural transformations in the economy. Through these transformations, surplus labor in informal sectors and activities can be moved to…
This study analyzes the effect of China’s import dominance on Africa’s structural transformation, measured through the Shapley decomposition approach. A pooled mean group Autoregressive Distributed Lag (PMG-ARDL) model is analyzed using panel data…
This study investigates the impact of monetary and fiscal policies on the balance of payments (BoP) in Jordan. Through a robust econometric model, it explores the influence of key independent variables such as domestic credit, money supply, consumer…
The banking sector efficiently reallocates financial resources in the economy. Based on this firm belief, it is clear that the economic sectors need capital to grow the economy, and Jordan needs to get rid of its accumulated economic problems.…
The Philippines was among the most infected countries in Southeast Asia at the onset of the COVID-19 outbreak. This study analyzes how the export and import trade margins (extensive and intensive) of the Philippines were affected by the lockdown…