Economic Integration and Development in Africa
Economic Integration and Development in Africa

Author: Henry Kyambalesa

Publisher: Routledge

Published: 2016-04-29

Total Pages: 223

ISBN-13: 1317146204

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The debates over what African economic integration and development actually entails continue across international economic organizations, national governments and NGOs. Despite the glare of media attention and the position this issue has on international political agendas, few comprehensive accounts exist that fully examine why this process will be inevitable in the 21st century and how integration of national economies can be attuned to attaining the socio-economic goals and aspirations of member-countries. This book addresses this problem. It combines theory with application, enumerating the imperatives and initiatives governments will be forced to confront; providing insights for educators and students in African development, for policy makers in African governments, and for inter-governmental organizations.

Regional Integration, Trade and Industry in Africa
Regional Integration, Trade and Industry in Africa

Author: Helmut Asche

Publisher: Springer Nature

Published: 2021-06-14

Total Pages: 304

ISBN-13: 3030753662

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This book examines the past, present and prospects of regional economic integration in Africa. The empirical analysis ranges from unions formed during the years following independence, to the proposed African Continental Free Trade Area (AfCFTA), which aims to remove trade barriers between all 55 African states. In addition, the book explores to what extent Africa’s Regional Economic Communities (RECs) have advanced in accordance with a linear integration model of goods, labor and capital markets. The book subsequently evaluates the suitability of the European model of deep integration with costly institutions for the conditions specific to Africa, considering, for example, the role of informal and non-recorded trade. Stylized cases of regional division of labour with increasing returns and imperfect competition are introduced to support the economic integration logic. Past and current economic policies in Africa are scrutinized to answer the question: how can African regions best foster new manufacturing industries and value chains across the continent? In conclusion, the book outlines content and processes of Common Industrial Policy in the African regions. The book also addresses the controversial issue of international trade agreements between developing countries and the European Union or the USA and investigates whether these agreements impede or promote economic development in Africa. The book includes a detailed roadmap describing how to improve key clauses of agreements for economic partnership in the interest of African countries. In closing, it outlines a new vision of joint sustainable development for Africa and Europe.

Regional Integration in West Africa
Regional Integration in West Africa

Author: Eswar Prasad

Publisher: Brookings Institution Press

Published: 2021-07-13

Total Pages: 203

ISBN-13: 0815738544

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" Assessing the potential benefits and risks of a currency union Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goal of achieving a monetary and currency union by late 2020. Although some progress has been made toward achieving this ambitious goal, major challenges remain if the region is to realize the necessary macroeconomic convergence and establish the required institutional framework in a relatively short period of time. The proposed union offers many potential benefits, especially for countries with historically high inflation rates and weak central banks. But, as implementation of the euro over the past two decades has shown, folding multiple currencies, representing disparate economies, into a common union comes with significant costs, along with operational challenges and transitional risks. All these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "

Regional Economic Communities
Regional Economic Communities

Author: Olutayo, Akinpelu O.

Publisher: CODESRIA

Published: 2015-12-01

Total Pages: 148

ISBN-13: 2869786328

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This book examines how the existence of overlapping regional institutions has presented a daunting challenge to the workings of various Regional Economic Communities (RECs) on the African continent. The majority of the African countries are members of overlapping and, sometimes, contradictory RECs. For instance, in East Africa, while Kenya and Uganda are both members of EAC and COMESA, Tanzania, which is also a member of the EAC, left COMESA in 2001 to join SADC. In West Africa, while all former French colonies belong to ECOWAS, they simultaneously keep membership of UEMOA, an organization which is not recognized by the African Union (AU). Such multiple and confusing memberships create unnecessary duplication and dims the light on what ought to be priority. Various chapters in this book have therefore sought to identify and proffer solutions to related challenges confronting the workings of the RECs in different sub-regions of the African continent. The discourses range from security to the stock exchange, identity integration, development framework, labour movement and cross-border relations. The pattern adopted in the book involves devolution of related discussions from the general to the specific; that is, from the continental level to sub-regional case studies.

Regional Economic Integration in West Africa
Regional Economic Integration in West Africa

Author: Diery Seck

Publisher: Springer Science & Business Media

Published: 2013-11-18

Total Pages: 274

ISBN-13: 3319012827

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​This book presents a number of key studies pertaining to the most pressing challenges of economic regional integration in West Africa. The issues of monetary coordination, foreign exchange volatility, taxation, savings and macroeconomic convergence are investigated from a regional perspective. The characteristics of West Africa’s trade policy are reviewed and assessed in comparison to that of the Southern African Development Community (SADC). The extent to which regional integration can tackle the challenge of unemployment is the focus of studies on labour markets. Development of the private sector and coordination of regional cross-border transportation are examined through the lens of economic collaboration between Arab and African countries. The book provides fresh new answers to persistent development questions and sheds new light on long-held views that are either incomplete or no longer true. It also opens new perspectives on the search for sustainable avenues for Africa’s development. In this regard, it may contribute to the emergence of a new paradigm on Africa’s development process and its science-based, policy-oriented implementation.

Pan Africanism, Regional Integration and Development in Africa
Pan Africanism, Regional Integration and Development in Africa

Author: Samuel Ojo Oloruntoba

Publisher: Springer Nature

Published: 2020-03-10

Total Pages: 335

ISBN-13: 3030342964

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This edited volume addresses the accomplishments, prospects and challenges of regional integration processes on the African continent. Since regional integration is a process that ebbs and flows according to a wide range of variables such as changing political and economic conditions, implications and factors derived from the vagaries of migration and climate change, it is crucial to be cognizant with how these variables impact regional integration initiatives. The contributors discuss the debates on Pan-Africanism and linking it with ongoing discourses and policies on regional integration in Africa. Other aspects of the book contain some of the most important topic issues such as migration, border management and the sustainable development goals. This content offers readers fresh and innovative perspectives on various aspects of sustainable development and regional growth in Africa.

Borders, Mobility, Regional Integration and Development
Borders, Mobility, Regional Integration and Development

Author: Christopher Changwe Nshimbi

Publisher: Springer Nature

Published: 2020-06-22

Total Pages: 197

ISBN-13: 3030428907

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This book examines social, economic and political issues in West, Eastern and Southern Africa in relation to borders, human mobility and regional integration. In the process, it highlights the innovative aspects of human agency on the African continent, and presents a range of empirical case studies that shed new light on Africa’s social, economic and political realities. Further, the book explores cooperation between African nation-states, including their historical socioeconomic interconnections and governance of transboundary natural resources. Moreover, the book examines the relationship between the spatial mobility of borders and development, and the migration regimes of nation-states that share contiguous borders in different geographic territories. Further topics include the coloniality of borders, sociocultural and ethnic relations, and the impact of physical borders on human mobility and wellbeing. Given its scope, the book represents a unique resource that offers readers a wealth of new insights into today’s Africa.

Economic Integration in Africa
Economic Integration in Africa

Author: Peter Robson

Publisher: Routledge

Published: 2012-08-06

Total Pages: 324

ISBN-13: 113687710X

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First published in 1968, this reissue is a study of contemporary international economic policy, with particular emphasis upon economic integration as a means of bringing about a faster rate of economic progress and of helping to overcome poverty. Peter Robson’s book is a study of the rationale of common markets and other forms of economic integration among African states and of their operation in practice. The book will be of great value to those concerned with administering or assessing integration schemes in Africa and indeed in less developed areas throughout the world. In addition, it is an important contribution to the field of development economics.

Development Co-operation Report 2021 Shaping a Just Digital Transformation
Development Co-operation Report 2021 Shaping a Just Digital Transformation

Author: OECD

Publisher: OECD Publishing

Published: 2021-12-21

Total Pages: 503

ISBN-13: 9264856862

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Digital transformation is revolutionising economies and societies with rapid technological advances in AI, robotics and the Internet of Things. Low and middle-income countries are struggling to gain a foothold in the global digital economy in the face of limited digital capacity, skills, and fragmented global and regional rules.

Regional Economic Integration in the Middle East and North Africa
Regional Economic Integration in the Middle East and North Africa

Author: Mustapha Rouis

Publisher: World Bank Publications

Published: 2012-12-11

Total Pages: 209

ISBN-13: 082139729X

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This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.