Trade openness boosts economic growth in developed African countries, hinders growth in others.
The article examines how trade openness affects economic growth in African countries. By using a special statistical method, the researchers found that the relationship between trade openness and growth differs based on a country's level of development. In low-income countries, more trade can actually slow down growth, while in wealthier countries, it can boost growth. The study shows that African countries are not all the same when it comes to how trade impacts their economies.