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Empirical Studies of Trade


Debt Relief under the HIPC Initiative: Why Some Countries Complete the Programme Faster Than Others

William Akoto
The Highly Indebted Poor Countries (HIPC) initiative has been one of the primary avenues for delivering debt relief to developing countries in the past decade. However, the performance of countries in the HIPC programme has been vastly heterogeneous with some countries reaching completion point...
Apr 2013
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Trade Shocks from BRIC to South Africa: A Global VAR Analysis

Mustafa Yavuz Çakir and Alain Kabundi
This paper studies the trade linkages between South Africa and the BRIC (Brazil, Russia, India, and China) countries. We apply a global vector autoregressive model (global VAR) to investigate the degree of trade linkages and shock trans- mission between South Africa and the BRIC countries over the...
Oct 2011
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Factors Influencing Foreign Direct Investment of South African Financial Services Firms in Sub-Saharan Africa

John Luiz and Harry Charalambous
This research investigates the key elements that South African financial services firms consider before making foreign direct investments in Sub-Saharan African (SSA) markets. The results show that South African financial services firms are most strongly influenced by the political and economic...
Mar 2009
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