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Regional Integration, Trade and Industry in Africa

Regional Integration, Trade and Industry in Africa
Author: Helmut Asche
Publisher: Springer Nature
Total Pages: 304
Release: 2021-06-14
Genre: Business & Economics
ISBN: 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 and Industrial Growth Among Developing Countries

Regional Integration and Industrial Growth Among Developing Countries
Author: Dorsati Madani
Publisher: World Bank Publications
Total Pages: 44
Release: 2001
Genre: Asia
ISBN:

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Has the revival of the Association of Southeast Asian Nations (ASEAN) in the early 1990s affected the industrial growth in Indonesia, Malaysia, and the Philippines? Perhaps not in the early years of the revival, primarily because of the countries' long history of intra-regional trade.


Regional Integration and Development

Regional Integration and Development
Author: Maurice W. Schiff
Publisher: World Bank Publications
Total Pages: 344
Release: 2003
Genre: Business & Economics
ISBN: 9780821350782

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This text examines regionalism from the perspective of developing countries. It presents a comprehensive account of existing theory and empirical results and incorporates the findings of formal analyses ofthe politics and dynamics of regionalism.


Regional Integration in Africa

Regional Integration in Africa
Author: Sipho Buthelezi
Publisher: Ikhwezi Afrika Pub
Total Pages: 272
Release: 2006
Genre: Africa
ISBN:

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This study outlines the challenges to mutual linkages at a regional level - to social and economic development across the continent. Organised topically and covering all regional groupings in Africa, the study provides a historical overview of integration and common markets of COMESA and ECOWAS, discussion of Africa in the global economy, the question of regionalism in North Africa and the Arab-Maghreb union, the case of the Southern African Development Community, and a survey of the political economy of the Horn of Africa.


Regional Integration Among Developing Countries, Revisited

Regional Integration Among Developing Countries, Revisited
Author: András Inotai
Publisher: World Bank Publications
Total Pages: 56
Release: 1991
Genre: Developing countries
ISBN:

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The formation of new, powerful economic and trading blocs and the transition to market economies in Central and perhaps Eastern Europe has fostered a trend toward new regionalism in the world economy - which the virtual failure of the GATT negotiations may speed up. To minimize economic losses and avoid marginalization, regional groups of developing countries must increasingly work out common positions and join one of the influential groups.


Innovation, Regional Integration, and Development in Africa

Innovation, Regional Integration, and Development in Africa
Author: Samuel Ojo Oloruntoba
Publisher: Springer
Total Pages: 335
Release: 2018-07-26
Genre: Political Science
ISBN: 3319921800

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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.