Africa's Trade Revisted [electronic resource] / Natalia T Tamirisa.
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TextSeries: IMF Working Papers; Working Paper ; No. 01/33Publication details: Washington, D.C. : International Monetary Fund, 2001Description: 1 online resource (31 p.)ISBN: 1451845189 :ISSN: 1018-5941Subject(s): Africa Trade | Bilateral Trade | Econometric and Statistical Methods: General | Economic Growth and Aggregate Productivity | Gravity Model | Partner Countries | Congo, Democratic Republic of theAdditional physical formats: Print Version:: Africa's Trade RevistedOnline resources: IMF e-Library | IMF Book Store 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.
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.
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