A simulation analysis using Kenyan economy CGE model is undertaken to look at the effects of two important terms of trade shocks facing Kenya in the mid-1970s. It is evident that the Kenyan economy is very vulnerable to external shocks. Consequently, as these shocks invariably created internal...

Significant progress has been made by the East African Community partner states in implementing the East African Community customs union. Trade within the East African Community is now free from import duties, and partner states have adopted a three-band common external tariff. This paper...

Erosion of trade preferences currently being enjoyed by LDCs and some developing countries remain an important area in the on-going trade negotiations. The different positions regarding the preference erosion question besides being informed by political economy considerations are also founded on...

This policy piece surveys the potential of the African Continental Free Trade Area (AfCFTA) as a historical framework for setting Africa on the path toward structural transformation and sustainable development. After evaluating the part that the landmark continental trade integration reform will...

Erosion of trade preferences currently being enjoyed by LDCs and some developing countries remain an important area in the on-going trade negotiations. The different positions regarding the preference erosion question besides being informed by political economy considerations are also founded on...

Erosion of trade preferences currently being enjoyed by the least developed countries (LDCs) and some developing countries remains an important area in the ongoing trade negotiations. The different positions regarding the preference erosion question besides being informed by political economy...