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Economics - International Economics / European Integration | International Competitiveness in Africa - Policy Implications in the Sub-Saharan Region

International Competitiveness in Africa

Policy Implications in the Sub-Saharan Region

Razafimahefa, Ivohasina Fizara, Hamori, Shigeyuki

2007, XI, 170 p.

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  • About this book

  • Offers insight into international trade and foreign direct investment competitiveness in Africa
  • Important results derived from applying time series analysis

The effects of international trade and foreign direct investment on developing economies have always been controversial. With the unstoppable spread of globalization and the supremacy of "open" policies over "closed" ones, the debate between "participating" and "not participating" in the world economy has been superseded by discussions on the best policy measures for expanding participation and enhancing the accrued welfare gains. Policies to strengthen international competitiveness are almost unanimously considered important means towards those ends. This book examines two policies frequently used to enhance international competitiveness in Sub-Saharan African economies: exchange rate policy and productivity-related policy.

Content Level » Research

Keywords » Developing Economies - Export - Foreign Direct Investment - Import - International Competitiveness Policy - International Trade - Sub-Saharan Africa - Time Series Analysis

Related subjects » Development Economics - Economic Policy - International Economics / European Integration - Organization - Human Resource Management

Table of contents 

Trade and Economic Growth.- FDI and Economic Growth.- Trade Competitiveness: Exchange Rate and Inflation.- Trade Competitiveness:Exchange Rate, Productivity, and Export Price.- FDI Competitiveness.- Productivity Determinants.- Sustainability of Trade Accounts.- Trade Balance and the Terms of Trade.- Purchasing Power Parity.- Concluding Remarks.

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