Download or read book Trade Integration in the East African Community An Assessment for Kenya written by Meredith A. McIntyre and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-07-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper analyses the potential trade impact of the forthcoming East African Community (EAC) customs union. It examines the trade linkages among the member countries of the EAC and the extent to which the introduction of the EAC common external tariff will liberalize their trade regimes. To gauge the potential trade impact of the formation of the customs union, simulations are conducted for Kenya. The empirical results indicate that the customs union will have a beneficial effect on Kenya's trade. The paper does not draw any conclusions on the potential welfare impact of the customs union. Finally, factors other than enhanced trade might influence Kenyan policymakers to pursue regional integration, and these include regional cooperation in "behind the border" reforms and the provision of public goods.

Download or read book The Quest for Regional Integration in the East African Community written by Mr.Paulo Drummond and published by International Monetary Fund. This book was released on 2015-01-12 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries are making significant progress toward financial integration, including harmonization of supervisory arrangements and practices and the modernization of monetary policy frameworks. This book focuses on regional integration in the EAC and argues that the establishment of a time table for the eliminating the sensitive-products list and establishing a supranational legal framework for resolving trade disputes are important reforms that should foster regional integration.

Download or read book Regional Integration Study of East Africa written by and published by . This book was released on 2003 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Determinants of Trade Integration written by Sheila Mwendwa Kaminchia and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Work in Progress written by Mr.Emre Alper and published by International Monetary Fund. This book was released on 2017-01-13 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the major regional integration policy milestones.

Download or read book Economic Development Through Regional Trade written by K. Kimbugwe and published by Springer. This book was released on 2012-02-14 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-colonial Africa is littered with regional trade agreements that amounted to little more than a photo opportunity for the leaders that signed them. This book explores conventional explanations for past failures and posits a new theory rooted in the symbiotic relationship between authoritarian politics and crony-capitalism.

Download or read book Options for Strengthening East African Community s Trade Integration written by Weltbank and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The treaty for the establishment of the East African Community (EAC) was signed in November 1999 by Kenya, Tanzania, and Uganda. The treaty, which entered into force in June 2000, aims a comprehensive integration process comprising of trade, economic, and political integration. The ultimate objective is to establish a political federation in 2015 through a progression of trading and economic arrangements (customs union, common market, and monetary union) as well as host of joint projects to develop regional infrastructure, manage regional commons, and produce regional public goods. Given the small size and the low income level of the member countries, aiming for a comprehensive integration is the right strategy, which will enable them to pull their resources together, broaden their markets, harmonize their policies, and enhance their competitiveness collectively to be able to expand their productive capacity and regional and global trade to accelerate growth. Burundi and Rwanda were accepted a new members of the EAC in November 2006. Their membership is expected to be effective in the second half of 2007. This report suggests a list of core priority areas and recommends broad direction of reforms. Its analysis and recommendations will serve as a useful contribution to the ongoing negotiations among the member states for an EAC common market as well as to efforts to harmonize programs between Common Market for Eastern and Southern Africa (COMESA), South African Development Community (SADC), and EAC.

Download or read book Flexible Regional Economic Integration in Africa written by Timothy Masiko and published by Bloomsbury Publishing. This book was released on 2022-04-21 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relationship between flexible regional economic integration in the East African Community (EAC), through its application of variable geometry, and the establishment of the African Continental Free Trade Area (AfCFTA) as a continent-wide form of integration. It uses a historical, political, legal and economic analysis of the processes that led to the adoption of flexible regional integration in Africa, with particular regard to the EAC. This takes place in the inescapable context of pan-Africanism, showing how regional integration efforts in Africa are based on pan-Africanist ideals, and how an evolution of these ideals has led to an evolution in the goals of integration. With growing awareness of the weaknesses and impracticality of consensus-based decision-making on a global level, it makes the case for the pursuit of flexibility in multilateral trade, drawing lessons from the experience of the AfCFTA and blocs in other regions. This book is a historical evaluation of regional economic integration efforts in Africa and it follows the path of attempts to integrate the economies on the continent from colonial times to the birth of the AfCFTA. While it is a study in law, it relies heavily on politics, economics and history to weave together a more complete theory of economic integration based on the African experience. Flexible Regional Economic Integration in Africa was awarded the 2020 SIEL–Hart Prize in International Economic Law.

Download or read book The East African Community written by Ms.Catherine McAuliffe and published by International Monetary Fund. This book was released on 2012-11-14 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out.

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 Options for Strengthening East African Community s Trade Integration written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Steering East Africa Towards a Customs Union written by Andrew Mullei and published by . This book was released on 2003 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The New East African Community written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This research seeks to examine the effects of the establishment of regional trade agreements (RTAs) among developing nations on trade, welfare and production activities. The focus here is on the new East African Community (EAC) formed between Kenya, Uganda and Tanzania and established in 1999. The formation of the new EAC raises the important question of whether this regionally based trading agreement is of economic merit to its members. This study begins by reviewing trends in regional trade flows and the extent to which regional integration has affected trade patterns and productive activities. Using a gravity model augmented with several sets of dummy variables, I estimate the effect of the EAC-RTA on trade and welfare on members and non-members. The results show that intra-bloc trade is on average 18 times higher than what would be expected in the absence of the agreement. However, this trend does not seem to be influenced by the official lowering of trade barriers with the formation of the EAC. Model results also show a decline in bloc exports to the rest of the world suggesting that the bloc has trade diverting tendencies. Since static gains from the EAC-RTA are quite low, possibly dynamic gains from regional integration lend more support to the economic merit of the EAC.

Download or read book Liberalization of Services and Its Implications on Agricultural Trade in Eastern Africa Region written by Christopher H. Onyango and published by . This book was released on 2010 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Co operation Among African Countries written by D. W. Makanda and published by . This book was released on 1987 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book East African Community Regional Integration written by and published by . This book was released on 2018 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Assessing Regional Integration in Africa V written by and published by UN. This book was released on 2012 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fifth of the series (ARIA/V) has come at a time of renewed enthusiasm for shortening the period of the vision of the Abuja Treaty. Its overall objective is to provide an analytical research publication that defines frameworks for African Governments, the African Union and the Regional Economic Communities, towards accelerating the establishment of the African Common Market through: the speedy removal of all tariff and non-tariff barriers, obstacles to free movement of people, investments and factors of production in general across Africa, and through fast-tracking the creation of an African continental Free Trade Area