Africa's Trade Revisted

ByNatalia T. Tamirisa, Arvind Subramanian

March 1, 2001

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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.

Subject: Econometric analysis, Globalization, Gravity models, International trade, National accounts, Personal income, Plurilateral trade, Trading arrangements

Keywords: Africa, Africa's trade, aggregate trade, country, East Africa, Global, globalization, gravity model, Gravity models, Personal income, Plurilateral trade, regional integration, Southern Africa, trade, trade dummy, trade opportunity, trade performance, Trading arrangements, transaction costs, WP

Pages:
31
Volume:
2001
DOI:
https://doi.org/10.5089/9781451845181.001
Issue:
033
Series:
Working Paper No. 2001/033
Stock No:
WPIEA0332001
ISBN:
9781451845181
ISSN:
1018-5941

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