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Regional Integration, Trade and Industry in Africa

Author: Helmut Asche

Publisher: Springer Nature

Published: 2021-06-14

Total Pages: 304

ISBN-13: 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.

Book Synopsis Regional Integration, Trade and Industry in Africa by : Helmut Asche

Download or read book Regional Integration, Trade and Industry in Africa written by Helmut Asche and published by Springer Nature. This book was released on 2021-06-14 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Indicator-Based Monitoring of Regional Economic Integration

Author: Philippe De Lombaerde

Publisher: Springer

Published: 2017-05-02

Total Pages: 360

ISBN-13: 3319508601

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This volume brings together experts from different world regions. It presents various experiences with building indicator systems for monitoring the implementation of regional economic integration policies such as preferential trade areas, common markets or economic and monetary unions. The volume discusses both the technical and governance aspects of such systems, and best practices. The regional experiences that are covered include: the European Union, Eurasia, ASEAN, the East African Community (EAC), COMESA, CARICOM, the African-Caribbean-Pacific Group, and the Americas. In addition, various chapters discuss cross-cutting methodological challenges related to trade-related indicators.

Book Synopsis Indicator-Based Monitoring of Regional Economic Integration by : Philippe De Lombaerde

Download or read book Indicator-Based Monitoring of Regional Economic Integration written by Philippe De Lombaerde and published by Springer. This book was released on 2017-05-02 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together experts from different world regions. It presents various experiences with building indicator systems for monitoring the implementation of regional economic integration policies such as preferential trade areas, common markets or economic and monetary unions. The volume discusses both the technical and governance aspects of such systems, and best practices. The regional experiences that are covered include: the European Union, Eurasia, ASEAN, the East African Community (EAC), COMESA, CARICOM, the African-Caribbean-Pacific Group, and the Americas. In addition, various chapters discuss cross-cutting methodological challenges related to trade-related indicators.

Regional Integration in the Global South

Author: Sebastian Krapohl

Publisher: Springer

Published: 2016-11-23

Total Pages: 244

ISBN-13: 3319388959

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This book presents a theory of economic integration in developing regions, where the level of intraregional economic interdependence is low and the dependence on extra-regional economic relations is high. It argues that the success or failure of regional integration in the Global South is to a large degree dependent on the reaction of extra-regional actors in Europe, North America and Northeast Asia. In doing so, it demonstrates that longstanding European integration theories cannot be successfully applied to other world regions, where economic conditions are fundamentally different. By providing detailed empirical analyses that are systematic in their use of a common theoretical and methodological framework the authors fill a significant lacuna in our understanding of these issues. This edited volume will appeal to students and scholars of comparative regionalism, area studies and global governance.

Book Synopsis Regional Integration in the Global South by : Sebastian Krapohl

Download or read book Regional Integration in the Global South written by Sebastian Krapohl and published by Springer. This book was released on 2016-11-23 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a theory of economic integration in developing regions, where the level of intraregional economic interdependence is low and the dependence on extra-regional economic relations is high. It argues that the success or failure of regional integration in the Global South is to a large degree dependent on the reaction of extra-regional actors in Europe, North America and Northeast Asia. In doing so, it demonstrates that longstanding European integration theories cannot be successfully applied to other world regions, where economic conditions are fundamentally different. By providing detailed empirical analyses that are systematic in their use of a common theoretical and methodological framework the authors fill a significant lacuna in our understanding of these issues. This edited volume will appeal to students and scholars of comparative regionalism, area studies and global governance.

Regional Integration in West Africa

Author: Eswar Prasad

Publisher: Brookings Institution Press

Published: 2021-07-13

Total Pages: 203

ISBN-13: 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. "

Book Synopsis Regional Integration in West Africa by : Eswar Prasad

Download or read book Regional Integration in West Africa written by Eswar Prasad and published by Brookings Institution Press. This book was released on 2021-07-13 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: " 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. "

The Logic of Regional Integration

Author: Walter Mattli

Publisher: Cambridge University Press

Published: 1999-05-20

Total Pages: 220

ISBN-13: 9780521635363

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In the late 1980s regional integration emerged as one of the most important developments in world politics. It is not a new phenomenon, however, and this 1999 book presents an analysis of integration across time, and across regions. Walter Mattli examines projects in nineteenth- and twentieth-century Europe, but also in Latin America, North America and Asia since the 1950s. Using the tools of political economy, he considers why some integration schemes have succeeded while many others have failed; what forces drive the process of integration; and under what circumstances outside countries seek to join. Unlike traditional political science approaches, the book stresses the importance of market forces in determining the outcome of integration; but unlike purely economic analyses, it also highlights the impact of institutional factors. The book will provide students of political science, economics, and European studies with a framework for the study of international cooperation.

Book Synopsis The Logic of Regional Integration by : Walter Mattli

Download or read book The Logic of Regional Integration written by Walter Mattli and published by Cambridge University Press. This book was released on 1999-05-20 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the late 1980s regional integration emerged as one of the most important developments in world politics. It is not a new phenomenon, however, and this 1999 book presents an analysis of integration across time, and across regions. Walter Mattli examines projects in nineteenth- and twentieth-century Europe, but also in Latin America, North America and Asia since the 1950s. Using the tools of political economy, he considers why some integration schemes have succeeded while many others have failed; what forces drive the process of integration; and under what circumstances outside countries seek to join. Unlike traditional political science approaches, the book stresses the importance of market forces in determining the outcome of integration; but unlike purely economic analyses, it also highlights the impact of institutional factors. The book will provide students of political science, economics, and European studies with a framework for the study of international cooperation.

Costs and Benefits of Economic Integration in Asia

Author: Robert J. Barro

Publisher: Oxford University Press

Published: 2011-01-04

Total Pages: 304

ISBN-13: 0199780773

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Costs and Benefits of Economic Integration in Asia brings together authoritative essays that identify and examine various initiatives to promote economic integration in Asia.

Book Synopsis Costs and Benefits of Economic Integration in Asia by : Robert J. Barro

Download or read book Costs and Benefits of Economic Integration in Asia written by Robert J. Barro and published by Oxford University Press. This book was released on 2011-01-04 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Costs and Benefits of Economic Integration in Asia brings together authoritative essays that identify and examine various initiatives to promote economic integration in Asia.

Regional Economic Communities

Author: Olutayo, Akinpelu O.

Publisher: CODESRIA

Published: 2015-12-01

Total Pages: 148

ISBN-13: 2869786328

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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.

Book Synopsis Regional Economic Communities by : Olutayo, Akinpelu O.

Download or read book Regional Economic Communities written by Olutayo, Akinpelu O. and published by CODESRIA. This book was released on 2015-12-01 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Regional Trade and Economic Integration

Author: Ram Upendra Das

Publisher: World Scientific

Published: 2012

Total Pages: 253

ISBN-13: 9814374601

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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.

Book Synopsis Regional Trade and Economic Integration by : Ram Upendra Das

Download or read book Regional Trade and Economic Integration written by Ram Upendra Das and published by World Scientific. This book was released on 2012 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Integration in Asia

Author: Deeparghya Mukherjee

Publisher: Routledge

Published: 2019-01-14

Total Pages: 204

ISBN-13: 135106133X

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The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.

Book Synopsis Economic Integration in Asia by : Deeparghya Mukherjee

Download or read book Economic Integration in Asia written by Deeparghya Mukherjee and published by Routledge. This book was released on 2019-01-14 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.

Regional Economic Intergration [i.e. Integration]

Author: Saroj Rani

Publisher: Gyan Publishing House

Published: 2009

Total Pages: 416

ISBN-13: 9788178357317

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The Regional Economic Integration: A comparative study of Central Asian and South Asian Regions. This book has been acknowledged as an exhaustive research on Economic Integration between Central Asia and South Asian as well as within the regions. This book has given an idea that both the regions are complementary to each other having a lot of potential in all growing sectors. To harness this potential efficiently both the regions should cooperate with each other. Economic benefits might help in diluting some political problems exiting within the regions. War devastating countries by Economic Integration could yield maximum benefits in the European Union then why not these regions could do so. History is witnessed that these regions enjoy same social and culturalties while engaging in trade activities. Author has made extensive efforts to highlight the benefits of economic integration for development and prosperity of both the regions.

Book Synopsis Regional Economic Intergration [i.e. Integration] by : Saroj Rani

Download or read book Regional Economic Intergration [i.e. Integration] written by Saroj Rani and published by Gyan Publishing House. This book was released on 2009 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Regional Economic Integration: A comparative study of Central Asian and South Asian Regions. This book has been acknowledged as an exhaustive research on Economic Integration between Central Asia and South Asian as well as within the regions. This book has given an idea that both the regions are complementary to each other having a lot of potential in all growing sectors. To harness this potential efficiently both the regions should cooperate with each other. Economic benefits might help in diluting some political problems exiting within the regions. War devastating countries by Economic Integration could yield maximum benefits in the European Union then why not these regions could do so. History is witnessed that these regions enjoy same social and culturalties while engaging in trade activities. Author has made extensive efforts to highlight the benefits of economic integration for development and prosperity of both the regions.