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Regional Trade Integration, Economic Growth and Poverty Reduction in Southern Africa

Regional Trade Integration, Economic Growth and Poverty Reduction in Southern Africa
Author: M. Tekere
Publisher: African Books Collective
Total Pages: 290
Release: 2012
Genre: Business & Economics
ISBN: 0798303042

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Despite a long history of regional integration and a multiplicity of regional organizations in southern Africa, the effect of regional integration on economic growth and poverty reduction remains debatable or elusive. This causes many to doubt whether regional integration is in actual fact an effective poverty-reduction strategy. Accordingly, the focus of this book is to explore and analyze whether specific Southern African Development Community (SADC) trade integration policies, especially the trade liberalization regime, have produced economic growth and reduced poverty in the region. While it is generally agreed that economic growth is the panacea to poverty reduction, there is little evidence as to whether regional integration in Africa is associated with economic growth in the countries concerned and subsequently leads to poverty reduction. The book makes recommendations on how the SADC FTAs can contribute to poverty reduction and socioeconomic development, and goes on to suggest policy proposals on how to enhance the contribution of the FTAs to poverty eradication and economic development. It also identifies specific activities to be undertaken to enable supply-side and productive competitiveness interventions to support the FTAs and contribute to economic development. The potential constraints and negative impacts of the FTAs are investigated and highlighted, and possible solutions are recommended and motivated.


The Free Trade Area of the Common Market for Eastern and Southern Africa

The Free Trade Area of the Common Market for Eastern and Southern Africa
Author: Victor Murinde
Publisher: Routledge
Total Pages: 274
Release: 2017-05-15
Genre: Business & Economics
ISBN: 1351889400

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In the last ten years, while GATT and (later) WTO were actively advocating the doctrine of free trade, the world witnessed unprecedented formation of regional trading blocs. Focusing on the prospects and challenges of the free trade area of the Common Market for Eastern and Southern Africa (COMESA) and the question of regional trade integration, the book also combines in-depth theoretical and empirical analysis with leading edge discussion of institutional and policy issues from a variety of African economies. This text makes a timely contribution not only to our understanding of the prospects and challenges of regional trading arrangements in Africa but also to the paradigm of regional trade integration in developing countries. Systematically structured, with thematically linked chapters and rigorous referencing, it is an essential guide for an international audience of academics, researchers, students and practitioners in International Trade, International Economics, Development Finance and Development Economics.


De-Fragmenting Africa

De-Fragmenting Africa
Author: Paul Brenton and Gozde Isik
Publisher: World Bank Publications
Total Pages: 191
Release:
Genre:
ISBN:

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Africa is not achieving its potential in regional trade. This is of particular importance given the uncertainty surrounding the global economy and stagnation in traditional markets in Europe and North America and the emergence of Africa as a rising growth pole. The contributions to this volume highlight the enormous scope for increased cross-border trade in Africa in both goods and services and the reasons why such opportunities are not being exploited. The varied contributions show that for effective regional integration policy makers must look beyond simply removing tariffs to address barriers on the ground that constrain the daily operations of ordinary producers and traders. This requires a reform agenda, covering both goods and services that puts in place appropriate regulations for integrated markets and builds the capacity of institutions that are essential for trade across borders. The incidence of barriers to regional trade fall most heavily on the poor and women and prevents them from exploiting the opportunities that regional trade provides to diversify exports away from a narrow range of minerals and primary products that have been driving recent growth. Regional trade can play a key role in delivering the jobs that are needed for Africa’s young populations. The chapters have been written in a non-technical way to promote dialogue on regional integration in Africa amongst a broad audience that includes policy makers, officials, academics, entrepreneurs, consumers as well as the international development community.


Regional Integration and Poverty

Regional Integration and Poverty
Author: Dirk Willem te Velde
Publisher: Routledge
Total Pages: 316
Release: 2017-05-15
Genre: Political Science
ISBN: 1351905481

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Relatively little is known about how regional integration affects poverty. Many suggest that increased investment would be one of the benefits of agreeing on regional integration provisions but this has not been put to the empirical test for South-South integration. This volume examines the channels through which regional integration affects poverty and empirically analyzes the effects on foreign direct investment.


The Economic Integration of Trade Policy in South Africa

The Economic Integration of Trade Policy in South Africa
Author: Nichelle Williams
Publisher:
Total Pages: 0
Release: 2012
Genre:
ISBN:

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Socioeconomic barriers continue to challenge the growth of regional trade and foreign investment in South Africa, which indicates that there is a great need to identify indicators as associated with economic growth and development. Research is needed specific to this geographic region that examines the reasons why poverty is devastatingly impacted over other regions. More specifically, research that addresses illiteracy levels, unemployment reduction rates and household income is needed in order to create technical assistance programs and services specific to the reduction of poverty and economic growth. This research study will identify the relationship between the identified indicators and Southern Africa Trade Hub technical assistance. The theoretical framework for this study is economic liberalism, which is a model of international relations used to examine cooperation and state interdependence amongst primary actors. Secondary data analysis will be conducted on pilot data used from Statistics South Africa online and the United Nations Conference on Trade and Development databases. The data will be analyzed using discriminate and logistic regression analyses procedures. In addition, qualitative responses from a focus group conducted with United States and South African government officials, Southern Africa Trade Hub (SATH) affiliates, media, opinion leaders and/or key informants will be analyzed to examine the relationship between knowledge and attitude, and how they relate to economic growth and development. The findings of the research will aid in the development of culturally- appropriate and case specific intervention methods designed for the identified region.


Developmental Integration and Industrialisation in Southern Africa

Developmental Integration and Industrialisation in Southern Africa
Author: Siphumelele Duma
Publisher: UJ Press
Total Pages: 194
Release: 2023-05-18
Genre: Political Science
ISBN: 1776434196

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Since the beginning of decolonisation in Africa, regional integration has become one of the most potent defining characteristics of the continent’s quest for industrialisation and sustainable development. It was understood that the individual continental economies could not achieve the requisite level of industrial development to meet their respective development objectives due to the colonial policy of balkanisation, which divided the continent into small, economically unviable units. In 1992, the Southern African Development Community (SADC) adopted developmental integration, an approach to regional integration to engender industrialisation and address the region’s development challenges. This book offers a critical assessment and examination of this approach as to how it has influenced the industrialisation process in Southern Africa. If so, why has it failed to accelerate the region’s industrialisation and structural transformation process? It contributes significantly to cross-cutting development debates on the African continent, particularly in southern Africa. More importantly, in understanding the nexus between developmental integration and industrialisation.


Wealth through Integration

Wealth through Integration
Author: Elias T. Ayuk
Publisher: Springer
Total Pages: 297
Release: 2013-10-22
Genre: Business & Economics
ISBN: 9781461448891

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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.