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Africa's Trade Revisted
Author:
Ms. Natalia T. Tamirisa
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and
Mr. Arvind Subramanian
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Series:
IMF Working Papers
Volume/Issue:
Volume 2001: Issue 033
Language:
English
Publication Date:
01 Mar 2001
DOI:
https://doi.org/10.5089/9781451845181.001
ISBN:
9781451845181
ISSN:
1018-5941
Pages:
31
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
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund