A 1998 IMF study found that the degree to which African countries 'overtrade' relative to other developing regions had steadily declined over the preceding two-and-a-half decades (roughly 1970s-1990s).
Sources
- North-South Trade: Is Africa Unusual? in: IMF Working Papers ... (elibrary.imf.org)
- https://papers.ssrn.com/sol3/papers.cfm?abstract_id=882608 (papers.ssrn.com)
- https://ideas.repec.org/p/imf/imfwpa/1998-094.html (ideas.repec.org)
- https://cgspace.cgiar.org/server/api/core/bitstreams/c7f2c395-3f21-4f5b-9f7c-0efe653379c5/content (cgspace.cgiar.org)
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