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Is Africa Integrated in the Global Economy?

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Author Info
Arvind Subramanian (International Monetary Fund)
Natalia T. Tamirisa (International Monetary Fund)

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Abstract

The popular impression that Africa has not integrated into world trade, as suggested by the evolution in simple indicators, has been called into question recently by more formal analysis. This paper refines and generalizes this analysis and lends support to the popular view of disintegration, but only for countries in Francophone Africa. These countries are currently underexploiting their trading opportunities and have witnessed disintegration over time, a trend that is most pronounced in their trade with technologically advanced countries. There is some evidence, on the other hand, that countries in Anglophone Africa are reversing the trend of disintegration, particularly in their trade with advanced countries. Copyright 2003, International Monetary Fund

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Publisher Info
Article provided by Palgrave Macmillan Journals in its journal IMF Staff Papers.

Volume (Year): 50 (2003)
Issue (Month): 3 ()
Pages: 2
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Handle: RePEc:pal:imfstp:v:50:y:2003:i:3:p:2

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Find related papers by JEL classification:
C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General
F1 - International Economics - - Trade
O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

Cited by:
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  1. Yongzheng Yang & Sanjeev Gupta, 2005. "Regional Trade Arrangements in Africa: Past Performance and the Way Forward," IMF Working Papers 05/36, International Monetary Fund. [Downloadable!]
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This page was last updated on 2009-11-30.

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