Regional Integration, Trade and Industry in Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Integration, Trade and Industry in Africa write by Helmut Asche. This book was released on 2021-06-14. Regional Integration, Trade and Industry in Africa available in PDF, EPUB and Kindle. 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 in West Africa
Regional Integration in West Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Integration in West Africa write by Eswar Prasad. This book was released on 2021-07-13. Regional Integration in West Africa available in PDF, EPUB and Kindle. " 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. "
Informal cross-border trade in Africa: How much? Why? And what impact?
Informal cross-border trade in Africa: How much? Why? And what impact? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Informal cross-border trade in Africa: How much? Why? And what impact? write by Bouet, Antoine. This book was released on 2018-12-21. Informal cross-border trade in Africa: How much? Why? And what impact? available in PDF, EPUB and Kindle. Informal cross-border trade (ICBT) represents a prominent phenomenon in Africa. Several studies suggest that for certain products and countries, the value of informal trade may meet or even exceed the value of formal trade. This paper provides a review of existing efforts to measure informal trade. We list 18 initiatives aimed at measuring ICBT in Africa. The paper also summarizes discussions conducted with many stakeholders in Africa between December 2016 and May 2018 regarding the measurement, the determinants, and the implications of ICBT. The methodologies used to measure ICBT in Africa differ widely, but they do confirm that informal trade in Africa is both sizeable and volatile. Both evidence on the determinants of ICBT and discussions with stakeholders suggest that policies should aim to reduce the existing costs associated with formal trade and provide positive incentives for traders and producers to move into the formal economy in order to avoid the loss of economic potential stemming from informal trade.
Regional Integration and Trade in Africa
Regional Integration and Trade in Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Integration and Trade in Africa write by Mthuli Ncube. This book was released on 2014-12-21. Regional Integration and Trade in Africa available in PDF, EPUB and Kindle. This book reviews the current trends and challenges of regional integration and trade in Africa. It provides valuable policy recommendations aimed at stimulating the debate among the government, private sector and development community on the ways to promote regional trade for Africa's economic development.
Economic Integration and Development in Africa
Economic Integration and Development in Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Integration and Development in Africa write by Henry Kyambalesa. This book was released on 2016-04-29. Economic Integration and Development in Africa available in PDF, EPUB and Kindle. The debates over what African economic integration and development actually entails continue across international economic organizations, national governments and NGOs. Despite the glare of media attention and the position this issue has on international political agendas, few comprehensive accounts exist that fully examine why this process will be inevitable in the 21st century and how integration of national economies can be attuned to attaining the socio-economic goals and aspirations of member-countries. This book addresses this problem. It combines theory with application, enumerating the imperatives and initiatives governments will be forced to confront; providing insights for educators and students in African development, for policy makers in African governments, and for inter-governmental organizations.
