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The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries are making significant progress toward financial integration, including harmonization of supervisory arrangements and practices and the modernization of monetary policy frameworks. This book focuses on regional integration in the EAC and argues that the establishment of a time table for the eliminating the sensitive-products list and establishing a supranational legal framework for resolving trade disputes are important reforms that should foster regional integration.
Book Synopsis The Quest for Regional Integration in the East African Community by : Mr.Paulo Drummond
Download or read book The Quest for Regional Integration in the East African Community written by Mr.Paulo Drummond and published by International Monetary Fund. This book was released on 2015-01-12 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries are making significant progress toward financial integration, including harmonization of supervisory arrangements and practices and the modernization of monetary policy frameworks. This book focuses on regional integration in the EAC and argues that the establishment of a time table for the eliminating the sensitive-products list and establishing a supranational legal framework for resolving trade disputes are important reforms that should foster regional integration.
Book Synopsis The Quest for Regional Integration in the East African Community by :
Download or read book The Quest for Regional Integration in the East African Community written by and published by . This book was released on with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt:
In the last five decades, the world has witnessed dramatic changes. The Cold War has ended, and geopolitical relations among the major powers have been generally stable and tranquil. Moreover, the demise of colonialism has allowed newly independent countries to play a greater role in the international arena, and countries that used to be foes have now joined hands to develop their economies and raise the living standards of their peoples. At the same time, economic integration, both regional and global, has taken a strong hold. There is a growing realization that, for the survival of the modern world, with increasing cross-national links and externalities, global cooperation is a necessity. The opponents of integration argue that it is merely a guise for exploiting people in developing countries, which will cause massive disruptions of lives and with few benefits to the poor. Its proponents, however, point to the significantly reduced levels of poverty in countries that have adopted economic integration, such as China, India, Vietnam, Brazil, Chile, South Africa, Tanzania, and others. The EU experience is a successful example of integrating national economies, but how far should those promoting regional integration in Africa and other regions look to the EU as a model? Can regional and global integration proceed harmoniously? The journey towards fully-fledged regional integration in Africa and beyond could be long, rough and tough. Challenges and fears are enormous, but hopes, opportunities and prospects are immense. From this study it can be further concluded that Regional Integration and Cooperation in the 21st century is a reality and relevant.
Book Synopsis The Quest for Regional Integration in the Twenty First Century by : Joram Mukama Biswaro
Download or read book The Quest for Regional Integration in the Twenty First Century written by Joram Mukama Biswaro and published by African Books Collective. This book was released on 2012 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last five decades, the world has witnessed dramatic changes. The Cold War has ended, and geopolitical relations among the major powers have been generally stable and tranquil. Moreover, the demise of colonialism has allowed newly independent countries to play a greater role in the international arena, and countries that used to be foes have now joined hands to develop their economies and raise the living standards of their peoples. At the same time, economic integration, both regional and global, has taken a strong hold. There is a growing realization that, for the survival of the modern world, with increasing cross-national links and externalities, global cooperation is a necessity. The opponents of integration argue that it is merely a guise for exploiting people in developing countries, which will cause massive disruptions of lives and with few benefits to the poor. Its proponents, however, point to the significantly reduced levels of poverty in countries that have adopted economic integration, such as China, India, Vietnam, Brazil, Chile, South Africa, Tanzania, and others. The EU experience is a successful example of integrating national economies, but how far should those promoting regional integration in Africa and other regions look to the EU as a model? Can regional and global integration proceed harmoniously? The journey towards fully-fledged regional integration in Africa and beyond could be long, rough and tough. Challenges and fears are enormous, but hopes, opportunities and prospects are immense. From this study it can be further concluded that Regional Integration and Cooperation in the 21st century is a reality and relevant.
The objective of this book is to investigate various initiatives to integrate the East African region from the colonial period to 2000, when the new East African Community (EAC) was formed. The analysis is focused on the process of integration from 1948 when formal institutions of cooperation were created under the East African High Commission (EAHC), and its transformation in 1961 into the East African Common Services Organisation (EACSO). The author argues that efforts made to integrate the British East African colonial territories of Tanganyika, Kenya, Uganda and Zanzibar, through these organisations, was largely aimed at consolidating colonial and imperial interests; the concentration of most assets and investments in Kenya resulting in inequitable sharing of benefits. He posits that the continuation of these inequalities were carried over to the East African Community in 1966 and led to its collapse, together with different developmental paths followed by the countries. He argues that the EAC formed in 2000 largely due to pressures of globalistion and trade liberalisation; and makes recommendations as to how the EAC can become a truly regional structure.
Book Synopsis Regional Integration in Africa by : Msuya Waldi Mangachi
Download or read book Regional Integration in Africa written by Msuya Waldi Mangachi and published by Safari Books Limited. This book was released on 2011 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this book is to investigate various initiatives to integrate the East African region from the colonial period to 2000, when the new East African Community (EAC) was formed. The analysis is focused on the process of integration from 1948 when formal institutions of cooperation were created under the East African High Commission (EAHC), and its transformation in 1961 into the East African Common Services Organisation (EACSO). The author argues that efforts made to integrate the British East African colonial territories of Tanganyika, Kenya, Uganda and Zanzibar, through these organisations, was largely aimed at consolidating colonial and imperial interests; the concentration of most assets and investments in Kenya resulting in inequitable sharing of benefits. He posits that the continuation of these inequalities were carried over to the East African Community in 1966 and led to its collapse, together with different developmental paths followed by the countries. He argues that the EAC formed in 2000 largely due to pressures of globalistion and trade liberalisation; and makes recommendations as to how the EAC can become a truly regional structure.
The post-independence integration endeavor of the East African Community has been punctuated with challenges, culminating into the collapse of the 1967-1977 regional organization. The renaissance of the integration agenda since the re-establishment of the regional organization in 1999 has rekindled epistemological debate among scholars and practitioners on the East African Community raison d'etre and integration process. This volume is the first of its kind in this ongoing debate that puts into proper context the nexus between the East African citizens and the integration agenda. Focusing on the Partner States case studies, the authors of the chapters operationalize the concepts of popular participation, eastafricanness, eastafricanization, democratization, and integration. Using political, national constitutions and EAC treaty, communication and awareness dimensions the authors of the chapters have analyzed the nexus between the EACcitizens and the integration process. The study generally proceeds from the premise that the exclusion of the EAC citizens from exercising their sovereign rights through popular participation undermines the prospects for the institutionalization and consolidation of the EAC identity, eastafricanness, eastafricanization, democratization and integration.
Book Synopsis Popular Participation in the Integration of the East African Community by : Korwa Gombe Adar
Download or read book Popular Participation in the Integration of the East African Community written by Korwa Gombe Adar and published by Rowman & Littlefield. This book was released on 2020-03-09 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The post-independence integration endeavor of the East African Community has been punctuated with challenges, culminating into the collapse of the 1967-1977 regional organization. The renaissance of the integration agenda since the re-establishment of the regional organization in 1999 has rekindled epistemological debate among scholars and practitioners on the East African Community raison d'etre and integration process. This volume is the first of its kind in this ongoing debate that puts into proper context the nexus between the East African citizens and the integration agenda. Focusing on the Partner States case studies, the authors of the chapters operationalize the concepts of popular participation, eastafricanness, eastafricanization, democratization, and integration. Using political, national constitutions and EAC treaty, communication and awareness dimensions the authors of the chapters have analyzed the nexus between the EACcitizens and the integration process. The study generally proceeds from the premise that the exclusion of the EAC citizens from exercising their sovereign rights through popular participation undermines the prospects for the institutionalization and consolidation of the EAC identity, eastafricanness, eastafricanization, democratization and integration.
Book Synopsis Regional Integration in Africa by : Flora Mndeme Musonda
Download or read book Regional Integration in Africa written by Flora Mndeme Musonda and published by . This book was released on 2004 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The PTA and Subregional Integration in Eastern and Southern Africa by : Michael Njunga Mulikita
Download or read book The PTA and Subregional Integration in Eastern and Southern Africa written by Michael Njunga Mulikita and published by . This book was released on 1992 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Deepening Regional Integration of the East African Community by : Ahmed Mohiddin
Download or read book Deepening Regional Integration of the East African Community written by Ahmed Mohiddin and published by . This book was released on 2005 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt:
The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out.
Book Synopsis The East African Community by : Ms.Catherine McAuliffe
Download or read book The East African Community written by Ms.Catherine McAuliffe and published by International Monetary Fund. This book was released on 2012-11-14 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out.
Rooted in the pan-Africanist ideals that animated the struggle against colonialism, regional integration has been on the African agenda for six decades. As soon as African countries attained political independence in the 1960s, they were quick to embrace the need for regional integration because of its strategic value. The following years saw the adoption of various continental initiatives such as the Southern African Development Community, the Economic Community of West African States, the East African Community and the transformation of the Organisation of African Unity into the African Union. Regional integration, however, remains elusive. The Quest for Unity is a necessary guide towards efforts for regional integration.
Book Synopsis The Quest of Unity by : Sizo Nkala
Download or read book The Quest of Unity written by Sizo Nkala and published by Fanele. This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rooted in the pan-Africanist ideals that animated the struggle against colonialism, regional integration has been on the African agenda for six decades. As soon as African countries attained political independence in the 1960s, they were quick to embrace the need for regional integration because of its strategic value. The following years saw the adoption of various continental initiatives such as the Southern African Development Community, the Economic Community of West African States, the East African Community and the transformation of the Organisation of African Unity into the African Union. Regional integration, however, remains elusive. The Quest for Unity is a necessary guide towards efforts for regional integration.
