Africa's Trade Revisted

Natalia Tamirisa and Arvind Subramanian

No 2001/033, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: 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 (search for similar items in EconPapers)
Pages: 31
Date: 2001-03-01
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Citations: View citations in EconPapers (9)

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