Regional Industrial Integration
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Author | : Helmut Asche |
Publisher | : Springer Nature |
Total Pages | : 304 |
Release | : 2021-06-14 |
Genre | : Business & Economics |
ISBN | : 3030753662 |
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.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 201 |
Release | : 2021-05-27 |
Genre | : |
ISBN | : 9264504621 |
Regional Integration in the Union for the Mediterranean: Progress Report monitors major trends and evolutions of integration in the Euro-Mediterranean region. The Report examines five domains of regional integration, namely trade integration, financial integration, infrastructure integration, movement of people, as well as research and higher education.
Author | : Sultan Hafeez Rahman |
Publisher | : Edward Elgar Publishing |
Total Pages | : 425 |
Release | : 2012-04-01 |
Genre | : Business & Economics |
ISBN | : 1781005249 |
South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others.
Author | : Eswar Prasad |
Publisher | : Brookings Institution Press |
Total Pages | : 203 |
Release | : 2021-07-13 |
Genre | : Business & Economics |
ISBN | : 0815738544 |
" 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. "
Author | : Ariane Kösler |
Publisher | : Nomos Verlagsgesellschaft |
Total Pages | : 0 |
Release | : 2008 |
Genre | : Europe |
ISBN | : 9783832935030 |
The European Union might be the most prominent example of regional integration but it is by far not the only one. The importance of regional integration in Africa, Asia, Latin America, the Caribbean and even in the Pacific Islands region is constantly growing. All these regions aspire for more than pure economic cooperation. In addition to intensified economic cooperation, political, legal and cultural aspects are important factors as well that form a Mixtum Compositum of regional integration elements. The present volume discusses these different components of regional integration in theoretical perspective and in a policy-oriented approach. It contributes to comparative regional integration studies through theoretical analysis and case studies from different regions. Elements of Regional Integration presents the main features of regional integration in an interdisciplinary manner. It addresses scholars of political sciences, economics and law as well as students and is suited as accompanying material for courses.
Author | : Maurice W. Schiff |
Publisher | : World Bank Publications |
Total Pages | : 344 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780821350782 |
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.
Author | : Ram Upendra Das |
Publisher | : World Scientific |
Total Pages | : 253 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 9814374601 |
The Asia-Pacific region has emerged as a dominant player in trade and will continue to be an influential component of world trade and economics. This book presents an informative outlook on the various regional and trade agreements (RTAs) and their beneficial effects on bilateral trade. In particular, the authors concentrate on India and China, the two major rising powers, and the impact of exchange of information and sharing of resources between these two countries in wide-ranging areas. It provides an incisive analysis and a roundup of all major RTAs and also presents an overview of all major agreements between the countries involved, which might propel their trade numbers and influence future economic engagements. The book also discusses possible obstacles that are encountered during the implementation of RTAs and circumvention routes that can be taken to ensure the successful execution of the agreements. International trade agreements, such as General Agreements on Trade and Tariffs, which have revolutionized the trade dynamics by opening up new areas of trade and formulating specific guidelines for the member countries to adhere to during trade negotiations, are discussed. The book also provides new insights into some of the issues under negotiation, such as sensitive lists, trade, investment cooperation, and trade in services. The existing economic cooperation arrangements in the region as well as those that are at various stages of study and negotiations, empirical insights and policy suggestions are elucidated in detail.
Author | : Philippe De Lombaerde |
Publisher | : Routledge |
Total Pages | : 280 |
Release | : 2006-09-27 |
Genre | : Political Science |
ISBN | : 1134212984 |
The books fills a niche in the market for books on regional integration, where most of the publications deal with theory or the analysis of specific cases, almost no books can be found dealing with analytical methodology The book includes a combination of well-known and expert scholars and up and coming young academics The book will appeal strongly to both economists and politics and while the authors present an interdisciplinary approach the economists and political sceintsists approaches are kept separate
Author | : Pierre-Philippe Combes |
Publisher | : Princeton University Press |
Total Pages | : 424 |
Release | : 2008-09-28 |
Genre | : Business & Economics |
ISBN | : 0691139423 |
Complements theoretical analysis with detailed discussions of the empirics of the economics of agglomeration, offering a mix of theoretical and empirical research that gives a fresh perspective on spatial disparities. This book provides an introduction to economic geography and includes history and background of the field of spatial economics.
Author | : Olutayo, Akinpelu O. |
Publisher | : CODESRIA |
Total Pages | : 148 |
Release | : 2015-12-01 |
Genre | : Political Science |
ISBN | : 2869786328 |
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.