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Is Africa Integrated in the Global Economy? Arvind Subramanian and Natalia T. Tamirisa Full Text of this Article (PDF 130K) 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. |
