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Regional Integration in West Africa

Regional Integration in West Africa
Author: Eswar Prasad
Publisher: Brookings Institution Press
Total Pages: 203
Release: 2021-07-13
Genre: Business & Economics
ISBN: 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 Integration and Migration in Africa

Regional Integration and Migration in Africa
Author: Vusi Gumede
Publisher: BRILL
Total Pages: 206
Release: 2020-06-02
Genre: Social Science
ISBN: 9004411224
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This comparative book debates migration and regional integration in the two regional economic blocs, namely the Southern African Development Community (SADC) and the Economic Community of West African States (ECOWAS). The book takes a historical and nuanced citizenship approach to integration by analysing regional integration from the perspective of non-state actors and how they negotiate various structures and institutions in their pursuit for life and livelihood in a contemporary context marked by mobility and economic fragmentation.

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.

Regionalism and Africa’s Development

Regionalism and Africa’s Development
Author: S.K.B. Asante
Publisher: Springer
Total Pages: 219
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1349257796
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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.

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.

Regionalism, Security and Development in Africa

Regionalism, Security and Development in Africa
Author: Ernest Toochi Aniche
Publisher: Routledge
Total Pages: 263
Release: 2021-04-29
Genre: Political Science
ISBN: 1000390543
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This book charts the history and contemporary landscape of African regionalism, investigating how regional cooperation can be used to help to tackle security and development challenges in Africa. Africa has a long tradition of regional cooperation, with the oldest trade and monetary integration schemes in the developing world, but its colonial period and partition of have caused lasting damage that still be seen in today’s African economies. Contemporary post-colonial African regionalism, deeply rooted in notions of pan-Africanism, has served as a means of collective self-reliance and economic transformation and development. This book starts with the history and theory behind African regionalism before discussing and comparing regional organisations such as the Economic Community of Central African States (ECCAS), the Economic Community of West African States (ECOWAS), the Community of Sahel-Saharan States (CEN-SAD), Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). Finally, the book considers how regional integration and cooperation can help to address security and development challenges. This ambitious and broad-ranging book will be a valuable resource for researchers working on African regionalism, security, African integration and development, and comparative regionalism. Policymakers should also consider it a useful guide to the background and contemporary landscape of African regionalism.

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.

The Political Economy of Regionalism in Southern Africa

The Political Economy of Regionalism in Southern Africa
Author: Margaret Carol Lee
Publisher: Juta and Company Ltd
Total Pages: 332
Release: 2003
Genre: Business & Economics
ISBN: 9781588262240
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In the face of increasing economic globalization, the countries of southern Africa have made commitments to enhanced regional development and the integration of their economies. Margaret Lee examines the challenges to regionalism in southern Africa, providing a critical assessment of the prospects for successful implementation. Lee's detailed study of the processes driving (or inhibiting) regional integration is firmly grounded in the history of the Southern African Development Community (SADC). Her analysis of the evolution of the SADC regional economy, as well as its political, social, and economic contexts, is a major contribution to debates about the merits and pitfalls of regionalism and options for African integration.

Regionalism in Africa

Regionalism in Africa
Author: Daniel C Bach
Publisher: Routledge
Total Pages: 217
Release: 2015-12-22
Genre: Political Science
ISBN: 1317557212
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Africa, which was not long ago discarded as a hopeless and irrelevant region, has become a new 'frontier' for global trade, investment and the conduct of international relations. This book surveys the socio-economic, intellectual and security related dimensions of African regionalisms since the turn of the 20th century. It argues that the continent deserves to be considered as a crucible for conceptualizing and contextualizing the ongoing influence of colonial policies, the emergence of specific integration and security cultures, the spread of cross-border regionalisation processes at the expense of region-building, the interplay between territory, space and trans-state networks, and the intrinsic ambivalence of global frontier narratives. This is emphasized through the identification of distinctive 'threads' of regionalism which, by focusing on genealogies, trajectories and ideals, transcend the binary divide between old and new regionalisms. In doing so, the book opens new perspectives not only on Africa in international relations, but also Africa’s own international relations. This text will be of key interest to students and scholars of African politics, African history, regionalism, comparative regionalism, and more broadly to international political economy, international relations and global and regional governance.

Regionalism in Africa

Regionalism in Africa
Author: Daniel C Bach
Publisher: Routledge
Total Pages: 240
Release: 2015-12-22
Genre: Political Science
ISBN: 1317557204
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Africa, which was not long ago discarded as a hopeless and irrelevant region, has become a new 'frontier' for global trade, investment and the conduct of international relations. This book surveys the socio-economic, intellectual and security related dimensions of African regionalisms since the turn of the 20th century. It argues that the continent deserves to be considered as a crucible for conceptualizing and contextualizing the ongoing influence of colonial policies, the emergence of specific integration and security cultures, the spread of cross-border regionalisation processes at the expense of region-building, the interplay between territory, space and trans-state networks, and the intrinsic ambivalence of global frontier narratives. This is emphasized through the identification of distinctive 'threads' of regionalism which, by focusing on genealogies, trajectories and ideals, transcend the binary divide between old and new regionalisms. In doing so, the book opens new perspectives not only on Africa in international relations, but also Africa’s own international relations. This text will be of key interest to students and scholars of African politics, African history, regionalism, comparative regionalism, and more broadly to international political economy, international relations and global and regional governance.