Trade

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    Trade liberalisation in developing countries: the importance of roads

Trade liberalisation in developing countries: the importance of roads

Research on Ethiopia shows that trade liberalisation can boost the productivity of firms in developing countries, but only if they have access to good roads. Gains from trade liberalisation are not uniform within countries, write Marco Sanfilippo and Asha Sunadaram.

Many developing countries have liberalised trade in the hope that greater international exposure will improve the performance of local firms.  […]

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    EU-Africa trade relations: Why Africa needs the economic partnership agreements

EU-Africa trade relations: Why Africa needs the economic partnership agreements

Olu Fasan analyses why economic partnership agreements could be the key to helping African countries achieve their goal of industrialisation.

For nearly three decades, Europe’s trade relations with the African, Caribbean and Pacific (ACP) countries, former European colonies, were based on unilateral preferences under the Lomé Convention, first signed in 1975. However, as the convention discriminated against non-ACP developing countries, […]

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    Like the West, Africa must be guarded in its relations with China

Like the West, Africa must be guarded in its relations with China

Olu Fasan says that it is about time that African countries take a longer-term view of the costs and benefits of their relationship with China.

Napoleon once said that, “When China awakes, the world will tremble”. Being the world’s second largest economy, and one of the biggest manufacturing and trading nations and foreign investors, China has, indeed, awoken, and the […]

Rwanda’s export challenge

Rwanda must create an additional 200,000 jobs per year to absorb its expanding population. Increasing exports could play an important role in achieving this goal, says Amanda Jinhage. A new policy brief by the IGC outlines the challenges Rwanda needs to overcome to improve its trade balances.

Since 2000, Rwanda has seen a rapid rise in exports of goods and […]

Reading List: Cotton

From the transatlantic slave trade to empire building by the great colonial powers; from international trade to the second-hand clothing industry in developing countries; cotton, it seems, is a subject for all the ages, yet also an industry in real peril. Here is a selection of book reviews and blog posts examining cotton’s place in history and our modern […]

The Cautious Return of Import Substitution in Africa

As import substitution becomes fashionable again in some African countries, LSE’s Pritish Behuria analyses how successfully this policy can be implemented given the evolving aid and investment landscape.

The international development industry is currently experiencing turbulence and uncertainty. Donald Trump’s victory in the United States elections and the rise of populist politics elsewhere in Europe may contribute to changes in […]

Book Review: Cotton by Adam Sneyd

In Cotton, Adam Sneyd brings the reality of international trade into focus through tracing the local and global politics behind the circulation of one of the most everyday of materials: cotton. This is a vividly told, interrogative read that establishes its author as a leading expert on the politics of commodities and development, finds Dr Milasoa Chérel-Robson.
The cover of Cotton by Adam Sneyd is […]

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    Book Review: Cotton and Race Across the Atlantic: Britain, Africa, and America, 1900-1920 by Jonathan E Robins

Book Review: Cotton and Race Across the Atlantic: Britain, Africa, and America, 1900-1920 by Jonathan E Robins

According to Jonathan Silver, Cotton and Race Across the Atlantic: Britain, Africa and America 1900-1920 makes a significant contribution to the global history of cotton and our understandings about the long durée of capitalism.

 

Cotton and Race across the Atlantic is a carefully-researched analysis of an important era in the longer histories of the North Atlantic, one that takes into […]

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    Benefits for all? How the UK can shape trade relations to promote African development and economic transformation

Benefits for all? How the UK can shape trade relations to promote African development and economic transformation

Elsa Makouezi and Tom Brady discuss how Brexit can be an opportunity for the UK to expand trade relations with African countries.

The question of how UK trade can promote African development and transformation is an important one. So far, much of the rhetoric from DFID under its relatively new leadership has been centred on the use of British trade […]

The African trade agenda should centre on industrialisation

Existing trade arrangements in sub-Saharan Africa should be complemented by requisite conditions that enable agricultural and industrial advancements, says LSE alumna Zama Nkosi.

During a series of seminal lectures on the Evolution of the International Trade Order, economist Sir Arthur Lewis explained the positive implications for trade once industrialisation takes shape. He did this by tracing this history in developed […]

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