Foreign currency reserves are of great significance to any developing country's economic growth prospects. Exports have been for long decades regarded as a major source of foreign currency and a driving force for economic growth. This paper empirically examines the export-led growth paradigm for...

Korean defense exports have grown at a higher rate than anywhere else in the world in the five year period from 2017 to 2021, exploding by 177 percent and positioning Korea as the world’s eighth-largest defense exporter. Moreover, if after final accounting Korean defense exports came to more...

Agriculture plays a critical role in the majority of African Countries' economy. The sector is not only a major employer but also a significant source of export earnings and hence it has a high multiplier effect. This very fact makes agricultural market access issues of major concern to African...

Empirical findings across many nations show that exporters have superior productivity compared to non-exporters and that this relationship is driven by productive firms becoming exporters. The conclusion drawn from these studies is that there is little learning from exporting. We, however,...

Agriculture plays a critical role in the majority of African Countries’ economy. The sector is not only a major employer but also a significant source of export earnings and hence it has a high multiplier effect. This very fact makes agricultural market access issues of major concern to...

Africa’s largest trade partner, China, criticised for exchanging resources for manufactures, has promised to increase imports and optimise the structure of trade with Africa. Using a gravity model of China’s imports for the years 1995-2009, we explore potential dynamics for this promise,...

The paper endeavors to identify the growth of Bangladesh's apparel manufacturing sector in the level playing field under the liberalised trade credo after the phasing out of quota regime under the Agreement of Textile and Clothing instituted by the World Trade Organisation. Analysing the past...

We examine the interaction of economic and policy uncertainty in a dynamic, heterogeneous firms model. Uncertainty about foreign income, trade protection and their interaction dampens export investment. This can be mitigated by trade agreements, which are particularly valuable in periods of...

Despite major progress, Turkey still lags behind most comparable countries in terms of exported value added per capita. Its remarkable economic performance over the past 15 years has not been sufficiently backed by gains in export market shares, in particular when measured in value added terms....

This paper explores the link between exchange rate volatility of European currencies and economic performance of several countries in the Middle East and North Africa (MENA). The elimination of intra euro-zone exchange rate volatility resulting from the introduction of the euro is estimated to...