On the basis of the environmental tax literature, this article recommends a system of upstream taxes on fossil fuels, combined with refunds for downstream emissions capture, to reduce carbon and local pollution emissions. Motor fuel taxes should also account for congestion and other...

A key feature of the world economy in recent decades has been growing economic integration among groups of countries. This pattern is also evident in Africa, and, since 1994, in the integration between South Africa and the rest of the continent across many economic dimensions. A question that...

This paper empirically examines the extent to which a country's economic growth is influenced by the economies of its trading partners. Panel estimation results based on four decades of data for more than 100 countries show that trading partners' growth has a strong effect on domestic growth,...