Showing all content in Trade

  • Project

    Misallocation or mismeasurement? Collecting new panel data to improve production function estimation

    SMEs tend to show substantial differences in productivity even within narrow industries and geographical regions. In order to design effective industrial policies, it is important to quantify such differences in the productivity of SMEs, identify what constraints drive these differences, and to understand what are the benefits of reducing them through external policy...

    28 Apr 2022 | Vittorio Bassi, Monica Morlacco, Tommaso Porzio, Esau Tugume

  • Event

    Coping with shocks: Resilience in Ethiopia’s ready-made garment industry

    https://www.youtube.com/watch?v=zgbI7uYm3n8&t=3s Ethiopia’s industrial exports depend on the ready-made garment industry mostly located in industrial parks. In addition to the pandemic, factories in Ethiopia faced another shock related to the conflict in the northern parts of the country and the resulting removal of Ethiopia from the free trade privileges provided by...

    4 May 2022

  • Project

    Reducing comparison frictions in the Ugandan credit market

    Many first-time borrowers tend to find out about loans exclusively from providers — unaware of the total cost. Financial institutions obscure prices especially for new and naive consumers to maximise profits (Atuhumuza et al. 2020), preventing many consumers from making well-informed borrowing decisions. Therefore, credit markets are characterised by substantial price...

    4 Apr 2022 | Joeri Smits

  • Publication - Policy Brief

    Trading up: Harnessing the AfCFTA for growth in Uganda

    The African Continental Free Trade Area (AfCFTA) presents a promising offer of continent-wide market access for Uganda. However, these gains are not guaranteed, and the benefits of the AfCFTA also come with increased competition for Uganda’s exports. Using a sample of large geographically dispersed African countries, our modelling estimates a net reduction in...

    24 Mar 2022 | Lawrence Edwards , Harriet Conron

  • Project

    Pilots on nano commodity exchanges

    Firms operating in environments with erratic supplies of agricultural commodities face high implicit transaction costs in operations. Ghana opened the first full-service commodity exchange in West Africa in late 2018. We have begun to look into the impact of the Ghana Commodity Exchange (GCX) on farmers, traders, and firms in the agricultural marketing ecosystem. In...

    8 Feb 2022 | Yaw Nyarko

  • Blog post

    Trade, informality, and corruption: Evidence from small-scale traders in Kenya

    The COVID-19 pandemic has induced vast trade disruptions that have stunted firms’ sales, profits, and growth, particularly for small-scale traders. While many formal borders closed, small-scale traders crossing official borders must increasingly rely on informal border crossings to make a living. In Kenya, we surveyed small-scale traders to analyse their cross-border...

    2 Feb 2022 | Eleanor Wiseman

  • Adam Cohn / Fruit Vendors, Faisalabad Night Market, Pakistan
    Publication - Project Report

    As multilateralism ebbs, preferential trade agreements are on the rise

    Early proponents of FTAs/PTAs were of the view that they could somewhat circuitously support the cause of multilateralism that was then and now seen as the first best approach to trade liberalization and the one that minimizes the risk of trade diversion. That optimism has faded. The Pakistan Business Council (PBC) has requested IGC-Pakistan to support a study on a...

    7 Jan 2022 | Shahid Yusuf

  • Event

    Economic Growth Forum: Economic resilience, recovery and resurgent growth in Uganda

    The Ministry of Finance, Planning & Economic Development, in partnership with IGC Uganda, organises the Economic Growth Forum - a high-level conference on Uganda’s economy held regularly since 2017. The conference provides an opportunity to discuss key growth challenges, learn from policy experiences in other countries, and identify a course of actions to drive...

    13 January 2022

  • Project

    Measuring Rwanda's import and export of education and health services

    International trade in services is increasing over the years. In Rwanda, one of the two service categories that are traded (both import and export) are health and education. For health, some Rwandan residents who need special medical treatment travel abroad to seek medical attention from specialists, while patients from some neighbouring countries come for medical treatment...

    16 Nov 2021 | Tharcisse Nzasingizimana, Vital Habinshuti

  • Project

    Informal clustering, firm growth, and the impact of the COVID-19 shock

    In Kampala, firms are heavily concentrated in the Central Business District (CBD), where they operate next to one another in high-density, informal clusters (UBOS 2011). Manufacturing firms operating in these clusters are smaller than in terms of number of employees and do not grow over time. Demand shocks that arise from COVID-19 are likely to be more severe in denser...

    16 Nov 2021 | Anna Vitali