Firms normally keep certain inventories, including raw materials, work-in-progress, and finished goods, to operate seamlessly and not to miss possible business opportunities. But inventory is costly, and...
The Final Report of the Fifth Overall Performance Study (OPS5) of the Global Environment Facility (GEF) was presented at the May 2014 GEF Council meeting in Cancun. OPS5 is a comprehensive evaluation that...
The Northern Corridor, connecting East Africa to the World through the port of Mombasa, is one of the oldest corridor authorities in Africa, as it was established in 1985. Throughout its years of existence...
The Northern Corridor, connecting East Africa to the World through the port of Mombasa, is one of the oldest corridor authorities in Africa, as it was established in 1985. Throughout its years of existence...
A ministerial intergovernmental conference in pursuit of these commitments was held in August 2003 in Almaty, Kazakhstan. The conference agreed to the Almaty Programme of Action (APoA), calling for joint...
Five East African countries Burundi, Kenya, Rwanda, Tanzania, and Uganda have made solid progress on integrating regionally in the East African Community (EAC) since 1999. Such advances are crucial, as...
Long cargo dwell times in ports are a critical issue in Sub-Saharan African countries since they result in slow import processes and are bound to dramatically reduce trade. The main objective of this study...
A new cross-country database on services policy reveals a perverse pattern: many landlocked countries restrict trade in the very services that connect them with the rest of the world. On average, telecommunications...
New analysis of firm-level customs data from the Lao PDR shows that export flows in value terms are dominated by large firms supplying the same products to the same markets from one year to the next. New...
The development objective of the Second Additional Financing for the Economic and Monetary Community of Central Africa (CEMAC) Transport and Transit Facilitation Project is to facilitate regional trade...
This paper is organized in following headings: what constrains Africa's exports?; does the internet reduce corruption? evidence from United States and across countries; do labor statistics depend on how...
Africa's share of global exports has dropped by 50 percent over the last three decades. To stem this decline, aid for trade to the region has increased rapidly in recent years. Assistance can target improvements...
The importance of transport corridors for trade and development, including for some of the poorest countries in the world, is widely recognized in this book. A new consensus has also emerged that reducing...
High volatility in the world prices of petroleum has been a characteristic feature of the global economy in the last decade. World petroleum prices increased four-fold between 2004 and 2008 and, and following...
This paper shows that the institutional environment and the ability to export on time are sources of comparative advantage as important as factors of production. In particular, the ability to export on...
In the last two decades new emphasis has been given to the economic impact of geography, especially on the cost of being landlocked. From a development perspective, understanding the cost of being landlocked...
Cumbersome transit and customs procedures hinder trade and economic development. Ghana has modified several features of its transit system as part of efforts to improve road-based trade in West Africa...