Sub-Saharan Africa has seen a return to good economic growth performance in the last 15 years, and especially in the last 5–10 years; while this partly reflects the good performance of commodities, several other factors are also important. Focusing on 25 of the largest 26 countries in...

The Cotonou Agreement, successor to the Lomé Convention, offers African, Caribbean and Pacific (ACP) countries preferential access to EU markets by establishing economic partnership agreements (EPAs) between the EU and blocks of ACP countries that are members of regional trading arrangements....

This paper investigates how alternative real exchange rate measures might be used to date and measure trade liberalization. It proposes the use of domestic price data to construct separate real exchange rates for exportables and importables, in order to overcome the ambiguous information...