Bilateral Relations in a Context of Geopolitical Change
Edited by Peter A.G. van Bergeijk and Selwyn J.V. Moons
Chapter 20: Economic diplomacy in Africa: the impact of regional integration versusbilateral diplomacy on bilateral trade
The author focuses on the impact of economic diplomacy on exports among African states. He tests whether there is evidence of a trade-off or complementary interaction between regional integration and commercial diplomacy in trade facilitation. He compares the effects of these two instruments of economic diplomacy on bilateral trade by employing a gravity model for 45 African states over the period 1980–2005. The results show that bilateral diplomatic exchange is a relatively more significant determinant of bilateral exports among African states compared to regional integration. He also finds a nuanced interaction between these two instruments of economic diplomacy: the trade-stimulating effect of diplomatic exchange is less pronounced among African countries that are already shared membership of a regional bloc. Generally, this could mean that there exists a trade-off between regional integration and commercial diplomacy in facilitating exports or a lack of complementarity between these two instruments of economic diplomacy.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.