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2. The Global Economic Crisis after One Year: Is a New Paradigm for Recovery in Developing Countries Emerging?
- Author:
- Wim Naudé
- Publication Date:
- 08-2009
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- T HE ECONOMIC DOWNTURN AND RECESSION, WHICH spread across the globe following the US sub-prime mortgage crisis in September 2008, has become the dominant news topic of the past year. One year into the crisis it has become clear that the paradigm for international development has changed irrevocably. With leadership, moral authority and the capacity of the West diminishing, developing countries' recovery and future growth will critically depend on their own initiatives and solutions.
- Topic:
- Economics, Globalization, International Trade and Finance, and Financial Crisis
- Political Geography:
- United States
3. The Optimal Distance to Port for Exporting Firms
- Author:
- Thomas Gries, Wim Naudé, and Marianne Matthee
- Publication Date:
- 04-2008
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- Success in international trade depends, amongst other things, on distance from markets. Most new economic geography models focus on the distance between countries. In contrast much less theorizing and empirical analysis have focused on how distances within a country—for instance due to the location behaviour of exporting firms—matter to international trade. In this paper we contribute to the literature on the latter by offering a theoretical model to explain the optimal distance that an export-oriented firm would locate from a port. We present empirical evidence from South Africa in support of the model.
- Topic:
- International Trade and Finance
- Political Geography:
- Africa and South Africa
4. The Significance of Transport Costs in Africa
- Author:
- Wim Naudé and Marianne Matthee
- Publication Date:
- 08-2007
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- The success of Africa's exports, as well as its spatial development, depends on lowering transport costs. In this Policy Brief, we address a number of pertinent questions on transport costs in Africa, such as 'what are transport costs?', 'do transport costs matter for trade?', 'how important are transport costs in practice?', and 'why are Africa's transport costs so high?' We present a case study of the firm location decisions of exporters in South Africa to illustrate the significance in particular of domestic transport costs for manufactured exports. The message from this Policy Brief is that Africa's international transport costs are significantly higher than that of other regions, and its domestic transport costs could be just as significant. Moreover we show how domestic transport costs influence the location, the quantity, and the diversity of manufactured exports. Various policy options to reduce transport costs in Africa are discussed.
- Topic:
- Economics, International Trade and Finance, and Markets
- Political Geography:
- Africa