In this study an attempt is made to gauge the importance of prudent macro-economic management in the location choice decision of foreign direct investors. Moreover, infrastructure availability, market size, trade liberalisation and economic development are also considered, for a set of forty...

Prior to the recent commencement of the Agreement Establishing the African Continental Free Trade Area, (AfCFTA), there was no region-wide competition treaty in Africa. Concerted efforts have been invested in uniting broader political, economic and legal policies at sub-Saharan Africa level...

This paper studies whether tax policies in developed nations affect developing economies through cross-border investments by multinational firms. We study firm investment responses to a major U.K. tax reform that drastically reduced the income tax burden for U.K.-based firms. Our identification...

African institutions are increasingly embracing high standards of intellectual property protection in their ‘development agendas’. In particular, concerning plant variety protection (PVP), one observes a worrying trend of premature harmonisation of PVP standards despite the possible negative...

Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...

Madagascar plans to start phasing out its customs tariffs on imports from the Southern African Development Community in 2007. This paper uses a CGE model to evaluate the impact of the SADC FTA on Madagascar economy. The results suggest that the SADC FTA would only have a limited impact on...

In January 2021, the AfCFTA entered its operational phase. This AfCFTA covers the liberalization of trade in services with a Protocol on Trade in Services. In this context, this paper examines the effects of FDI flows and ICT infrastructure on services exports, both globally and by sector in...

All WTO members participate in the Trade Facilitation Agreement (TFA), a rules-based bottom-up approach built on monitorable provisions (e.g. the publication of information, advance rulings, appeal or review of decisions, transparency, and border agency cooperation) aimed at reducing time in...

Extensive research has demonstrated the existence of large potential welfare gains from measures to facilitate trade - reduce trade costs - for African countries in particular. However, concerns have been expressed by policymakers regarding the distribution of the benefits and costs of trade...