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As the world economy slumps, African countries embrace intra-regional trade

Published on November 24, 2015

By and large, the world is caught in a phase of global economic transition: the possibility of the US and Europe exiting the zero-interest-rate terrain lurks in the horizon, despite seeming remote in the recent past; in China, the government is attempting to rebalance growth from over-reliance on exports as aggregate growth moderates toward the 6-to-7 percent band in 2015 (data from the statistical agency indicates growth in the second quarter stood at 6.9 percent) and in Japan, Abenomics is still firefighting further economic downturn. Read more. Source | London School of Economics and Political Science