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.
Trade Reform and Regional Integration in Africa
Trade Reform and Regional Integration 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 Trade Reform and Regional Integration in Africa write by African Economic Research Consortium. This book was released on 1998-12-03. Trade Reform and Regional Integration in Africa available in PDF, EPUB and Kindle. In recent years, economic performance in most of sub-Saharan Africa has improved. Growth has picked up, resulting in an increase in per capita output in a number of countries, inflation has decelerated markedly, and the fiscal and external deficits have been reduced. In large part, the economic recovery can be attributed to improve macroeconomic and structural policies rather than to favorable expernal developments, such as terms of trade gains. Indeed, these favorable developments have been achieved at a time when official development assistance has been declining. Key structural reforms have been implemented in many African countries, including curtailing of price controls, dismantling of some inefficient public monopolies, privatization, elimination of nontariff barriers in most countries, and a reduction in import duties in many. At the same time, exchange rates have been largely freed and unified, restrictions on current transactions liberalized, and important progress has been made toward market-determined interest rates in most countries.
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. "
Regional Economic Integration in the Middle East and North Africa
Regional Economic Integration in the Middle East and North 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 Economic Integration in the Middle East and North Africa write by Mustapha Rouis. This book was released on 2012-12-11. Regional Economic Integration in the Middle East and North Africa available in PDF, EPUB and Kindle. This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.
Regional Trade Arrangements in Africa
Regional Trade Arrangements 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 Trade Arrangements in Africa write by Yongzheng Yang. This book was released on 2005-09-20. Regional Trade Arrangements in Africa available in PDF, EPUB and Kindle. In recent years, African policymakers have increasingly resorted to regional trade arrangements (RTAs) as a substitute for broad-based trade liberalization. This trend has long-term implications for the effectiveness of trade policy as a tool for poverty reduction and growth. This paper examines the record of RTAs in promoting trade and investment. It also explores policy measures that may help improve RTAs' performance.
