Download or read book Regional Integration in West Africa written by Eswar Prasad and published by Brookings Institution Press. This book was released on 2021-07-13 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: " 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. "

Download or read book The Strategy of Regional Integration in Africa written by S. K. B. Asante and published by . This book was released on 1996 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Innovation Regional Integration and Development in Africa written by Samuel Ojo Oloruntoba and published by Springer. This book was released on 2018-07-26 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume discusses the role of innovation and regional integration in economic development in Africa. Over the past five decades, post-colonial African countries have struggled to break loose from the trap of poverty and underdevelopment through the adoption of various development strategies at regional, national, and continental levels. However, the results of both national and regional efforts at advancing development on the continent have been mixed. Although the importance of agglomeration and fusion of institutions have long been recognized as possible path to achieving economic development in Africa, the approach to regionalism has been unduly focused on market integration, while neglecting other dimensions such as social policy, mobility of labor, educational policy, biotechnology, regional legislation, manufacturing, innovation, and science and technology. This volume investigates the link between innovation, regional integration, and development in Africa, arguing that the immediate and long term development of Africa lies not just in the structural transformation of its economies but in the advancement of scientific and innovation capacities. The book is divided into four parts. Part I addresses the theoretical and conceptual underpinnings of innovation and regional integration in Africa. Part II presents case studies which examine how regional economic institutions are fostering innovation in Africa. Part III of the book deals with sectoral issues on innovation and integrated development in Africa. Part IV sets the future research on innovation, regional integration, and development in Africa. Combining theoretical analysis and a comparative, interdisciplinary approach, this volume is appropriate for researchers and students interested in economic development, political economy, African studies, international relations, agricultural science, and geography, as well as policymakers in regional economic communities and the African Union.

Download or read book The African Union and New Strategies for Development in Africa written by Said Adejumobi and published by Cambria Press. This book was released on 2008 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: The early twenty-first century witnessed remarkable attempts by Africa's political leadership to promote regional integration as a means of fast-tracking economic progress, facilitating peace and security, consolidating democratic gains, and promoting the general welfare of the African people. The transition of the Organization of Unity (OAU) to the African Union (AU), as well as the foisting of a new economic blueprint for the continent-the New Partnership for Africa's Development (NEPAD), combined with the growing role of the regional economic communities (RECs) in harmonizing and creating subregional norms and standards in the political and economic arena suggests a new trend towards regionalism in Africa. Indeed, in the new regional integration architecture, the RECs are considered to be the building blocks of the integration process led by the African Union. This new impetus of a regional development strategy was largely prompted by the slow pace of economic progress on the continent, the increasing marginalization of Africa in the global economy, and the need to create regional resources and standards that would benefit the continent in all spheres of social life. A painful realization became obvious that small micro-states in Africa sticking to their political independence and sovereignty would hardly make much progress in an increasingly globalised world. A macro-states' approach of regional integration has assumed Africa's new strategy to intervene in and integrate with a globalizing world. The current regional trend in Africa has received very little scholarly attention especially in a systematic and comprehensive way. This is due partly to the fact that the processes are currently unfolding and there is still uncertainty in the outcomes. Poor documentation and the dearth of primary materials (especially from the regional institutions) also contribute to the lack of scholarly work in this area. This study assembles the voices of some of the most seasoned African and Africanist scholars who have constantly, in one way or another, interacted with the integration process in Africa and kept abreast of the developments therein, and seeks to capture those developments in a nuanced manner in the economic, political and social spheres. The essence of this book is to analyze those processes--teasing out the issues, problems, challenges and major policy recommendations, with tentative conclusions on Africa's regional development trajectory. The book therefore fills major knowledge and policy gaps in Africa's regional development agenda. This book is a landmark contribution in a systematic attempt to comprehend Africa's regional development strategy led by the African Union. It examines the background, nuances, and dimensions of the process, which include the basis and historiography of pan-Africanism, the transition of the OAU to the AU, the issue of popular participation in development, the NEPAD and APRM initiatives, the evolving regional peace and security architecture, and the efforts of regional institutions to facilitate democracy, human rights, rule of law and good governance on the continent. The book underscores the fact that formidable obstacles and challenges abound in the trajectory, politics, and processes of this regional development paradigm, especially as Africa navigates an uncertain future in a deeply divided and unequal yet globalised World. The book constitutes a major reference material and compendium for a wide range of readers--students and scholars of African affairs and African development, policy makers both in Africa and the western countries, regional and international institutions and organizations, and all those interested in the past, present and future of Africa's development process.

Download or read book Africa s Progress in Regional and Global Economic Integration Towards Transformative Regional Integration written by Achim Gutowski and published by LIT Verlag Münster. This book was released on 2016 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on Africa's deep routed structural problems, the key aspect of a transformative regional integration is how to promote structural transformation by adapted strategies and policies for the African regional economic communities, for the Continental Free Trade Area, and for the Tripartite Free Trade Area. Regional integration in Africa is based on a conventional (linear) model, starting with trade preference zones and moving to free trade areas, customs unions, and monetary and economic zones, with the ultimate goal to reach political unity. Specific problems of a more transformative regional integration agenda are discussed, such as: ?food security and agriculture; industry development, enterprise growth and competition; and economic partnership agreements with extra-regional partners. In the final section, the impact of three global value chains of importance for Africa (diamonds, shea butter, and sesame) are considered on regions, on sub-regions, and on regional integration. (Series: African Development Perspectives Yearbook, Vol. 18) [Subject: African Studies, Economics

Download or read book Regional Integration in Africa written by Peter Anyang' Nyong'o and published by . This book was released on 1990 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Regional Integration and Cooperation in West Africa written by Réal P. Lavergne and published by IDRC (International Development Research Centre). This book was released on 1997 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the failure of regional integration and cooperation to date in West Africa and explores some of the more holistic and economically liberal options for revitalization. Annotation c. by Book News, Inc., Portland, Or.

Download or read book Regional Integration and Cooperation in West Africa written by Réal P. Lavergne and published by Africa Research and Publications. This book was released on 1997 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a collection of papers that examine the failure of regional integration and co-operation to date in west Africa and that explore some of the options for the revitalization of such initiatives. The papers are arranged in three categories: strategic visions and prospects for regional integration and co-operation; economic perspectives; and political dimensions. Specific topics include the role of the Economic Community of West African States; theoretical models and approaches to regional integration; the role of community building in regional integration; partnerships for innovation; national policies as impediments to economic integration; parallel trade as a form of economic subversion; lessons from the West African Monetary Union; human rights and integration; the regional dimension of environmental management; and power sharing at the regional level.

Download or read book Regional Economic Communities written by Olutayo, Akinpelu O. and published by CODESRIA. This book was released on 2015-12-01 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Regionalism and Africa s Development written by S.K.B. Asante and published by Springer. This book was released on 2016-07-27 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical appraisal of regionalism as a key strategy in Africa's development explaining the failures thus far of attempts at regional integration on the continent. This is the first text to highlight the main features of the new post-1990 regional initiatives such as the all-embracing African Economic Community and World Bank, IMF, African Development Bank, EC and French initiatives and the challenges to Africa from trading blocs elsewhere in the post-Uruguay Round environment.

Download or read book A Handbook on Regional Integration in Africa written by Brendan Vickers and published by Commonwealth Secretariat. This book was released on 2017-04-10 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Handbook on Regional Integration in Africa advises and informs on current dynamics, opportunities, challenges and policy options for Africa’s regional integration agenda. It is a unique resource for supporting capacity-building on African regional trade issues.

Download or read book Economic Integration and Development in Africa written by Henry Kyambalesa and published by Ashgate Publishing, Ltd.. This book was released on 2006 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debates over what African economic integration and development actually entails continue across international economic organizations, national governments and NGOs. Looking closely at these processes, this book combines theory with application, enumerating the imperatives and initiatives governments will be forced to confront and provides insights for policy makers, inter-governmental organizations and educators and students in African development.

Download or read book Assessing Regional Integration in Africa II written by African Union and published by United Nations Publications. This book was released on 2006 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the effectiveness of Africa's regional economic communities in pushing forward the regional integration agenda towards the objectives of the Abuja Treaty establishing the African Economic Community. A fully functioning African Economic Community will remove all barriers to movement of people, goods and services across the continent, thereby creating a single economic space. The report examines the critical role that institutions in general can play in achieving policy objectives, and the specific role that African institutions perform. The analysis focuses on the regional economic communities, which have been designated by the African Union as the building blocks for achieving the African Economic Community.

Download or read book Wealth through Integration written by Elias T. Ayuk and published by Springer Science & Business Media. This book was released on 2012-11-28 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Could regional integration be a first step toward joining the global market? In a context where liberalizing trade has not produced the expected gains in developing countries and growth in global trade has not led to the expected economic growth, an alternative solution has emerged. This new paradigm suggests that trade liberalization should be accompanied by public investment. However, by its very nature, trade liberalization leads to a reduction in revenues from duties and taxes, which means that the available resources for public investments will also be reduced. There are now solid arguments for encouraging the less-developed countries to first emphasize regional integration before trying to access the global market. This book explores the issues linked to regional integration in West Africa and presents empirical data about the experiences in = West African Economic and Monetary Union (WAEMU) countries to converge their economies. It also examines how these efforts, which make a major contribution to regional integration, influence poverty reduction in the economic and monetary community. It will be of interest to researchers working in this area. Elias T. Ayuk is Director of the United Nations University Institute for Natural Resources in Africa in Accra, Ghana, and was formerly a senior program specialist at the International Development Research Centre. Samuel T. Kaboré is a researcher/lecturer at the Faculty of Economics and Management at the University of Ouagadougou II, Burkina Faso. Canada’s International Development Research Centre (IDRC) supports research in developing countries to promote growth and development. IDRC also encourages sharing this knowledge with policymakers, other researchers, and communities around the world. The result is innovative, lasting local solutions that aim to bring choice and change to those who need it most. Elias T. Ayuk is Director of the United Nations University Institute for Natural Resources in Africa in Accra, Ghana, and was formerly a senior program specialist at the International Development Research Centre. Samuel T. Kaboré is a researcher/lecturer at the Faculty of Economics and Management at the University of Ouagadougou II, Burkina Faso. Canada’s International Development Research Centre (IDRC) supports research in developing countries to promote growth and development. IDRC also encourages sharing this knowledge with policymakers, other researchers, and communities around the world. The result is innovative, lasting local solutions that aim to bring choice and change to those who need it most.

Download or read book Regionalisation in Africa written by Daniel Bach and published by Indiana University Press. This book was released on 1999 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: "... by including accounts of the flows of goods and people that take place informally, and frequently illegally, [Bach] has lifted the lid on a little-observed, but vitally important aspect of contemporary African life." --International Affairs The dynamics of integration and disintegration in sub-Saharan Africa at the end of the millennium result from a combination of upheavals in the international system since the end of the Cold War and the crisis of the state within Africa itself.

Download or read book Regional Integration in Africa written by Flora Mndeme Musonda and published by . This book was released on 2004 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Building Capacity in African Regional Integration written by S. K. B. Asante and published by . This book was released on 2007 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: