The East African Community

The East African Community
Author :
Publisher : International Monetary Fund
Total Pages : 55
Release :
ISBN-10 : 9781475586312
ISBN-13 : 1475586310
Rating : 4/5 (12 Downloads)

Synopsis The East African Community by : Ms.Catherine McAuliffe

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.

The Quest for Regional Integration in the Twenty First Century

The Quest for Regional Integration in the Twenty First Century
Author :
Publisher : African Books Collective
Total Pages : 462
Release :
ISBN-10 : 9789987081561
ISBN-13 : 9987081568
Rating : 4/5 (61 Downloads)

Synopsis The Quest for Regional Integration in the Twenty First Century by : Joram Mukama Biswaro

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.

Economic Integration in Africa

Economic Integration in Africa
Author :
Publisher : Cambridge University Press
Total Pages : 0
Release :
ISBN-10 : 1316637123
ISBN-13 : 9781316637128
Rating : 4/5 (23 Downloads)

Synopsis Economic Integration in Africa by : Richard E. Mshomba

In this work, Richard E. Mshomba offers an in-depth analysis of economic integration in Africa with a focus on the East African Community (EAC), arguably the most ambitious of all the regional economic blocs currently in existence in Africa. Economic Integration in Africa provides more than just an overview of regional economic blocs in Africa; it also offers a rich historical discussion on the birth and death of the first EAC starting with the onset of colonialism in the 1890s, and a systematic analysis of the birth, growth, and aspirations of the current EAC. Those objectives include forming a monetary union and eventually an East African political federation. This book also examines the African Union's aspirations for continent-wide integration as envisioned by the Abuja Treaty. Mshomba carefully argues that maturity of democracy and good governance in each country are prerequisites for the formation of a viable and sustainable East African federation and genuine continent-wide integration.

The Quest for Regional Integration in the East African Community

The Quest for Regional Integration in the East African Community
Author :
Publisher : International Monetary Fund
Total Pages : 308
Release :
ISBN-10 : 9781498322959
ISBN-13 : 1498322956
Rating : 4/5 (59 Downloads)

Synopsis The Quest for Regional Integration in the East African Community by : Mr.Paulo Drummond

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.

Region-Building in Africa

Region-Building in Africa
Author :
Publisher : Springer
Total Pages : 367
Release :
ISBN-10 : 9781137586117
ISBN-13 : 1137586117
Rating : 4/5 (17 Downloads)

Synopsis Region-Building in Africa by : Daniel H. Levine

This landmark book is the first of its kind to assess the challenges of African region-building and regional integration across all five African sub-regions and more than five decades of experience, considering both political and economic aspects. Leading scholars and practitioners come together to analyze a range of entwined topics, including: the theoretical underpinnings that have informed Africa's regional integration trajectory; the political economy of integration, including the sources of different 'waves' of integration in pan-Africanism and the reaction to neo-liberal economic pressures; the complexities of integration in a context of weak states and the informal regionalization that often occurs in 'borderlands'; the increasing salience of Africa's relationships with rising extra-regional economic powers, including China and India; and comparative lessons from non-African regional blocs, including the EU, ASEAN, and the Southern Common Market. A core argument of this book, running through all chapters, is that region-building must be recognized as a political project as much as if not more than an economic one; successful region-building in Africa will need to include the complex political tasks of strengthening state capacity (including states' capacity as 'developmental states' that can actively engage in economic planning), resolving long-standing conflicts over resources and political dominance, improving democratic governance, and developing trans-national political structures that are legitimate and inclusive.

Regional Integration and Migration in Africa

Regional Integration and Migration in Africa
Author :
Publisher : BRILL
Total Pages : 206
Release :
ISBN-10 : 9789004411227
ISBN-13 : 9004411224
Rating : 4/5 (27 Downloads)

Synopsis Regional Integration and Migration in Africa by : Vusi Gumede

This comparative book debates migration and regional integration in the two regional economic blocs, namely the Southern African Development Community (SADC) and the Economic Community of West African States (ECOWAS). The book takes a historical and nuanced citizenship approach to integration by analysing regional integration from the perspective of non-state actors and how they negotiate various structures and institutions in their pursuit for life and livelihood in a contemporary context marked by mobility and economic fragmentation.

East African Community Law

East African Community Law
Author :
Publisher : BRILL
Total Pages : 553
Release :
ISBN-10 : 9789004322073
ISBN-13 : 9004322078
Rating : 4/5 (73 Downloads)

Synopsis East African Community Law by : Emmanuel Ugirashebuja

East African Community Law provides a comprehensive and open-access text book on EAC law. Written by leading experts, including the president of the EACJ, national judges, academics and practitioners, it provides the most complete overview to date of this increasingly important field. Uniquely, the book also provides a systematic comparison with EU law. EU companion chapters provide concise overviews of EU law and its development, offering valuable inspiration for the application and further development of EAC law. The book has been written for all practitioners, judges, civil servants, academics and students faced with questions of EAC law. It discusses institutional, substantive and jurisdictional issues, including the nature of EAC law, free movement and competition law as well as the reception of EAC law in Partner States.

Assessing Regional Integration in Africa

Assessing Regional Integration in Africa
Author :
Publisher : United Nations, Economic Commission for Africa
Total Pages : 304
Release :
ISBN-10 : STANFORD:36105124209565
ISBN-13 :
Rating : 4/5 (65 Downloads)

Synopsis Assessing Regional Integration in Africa by : United Nations. Economic Commission for Africa

This publication examines progress towards regional integration in Africa; defined as one of the anchoring ideals of African unity and the basis for the New Partnership for Africa's Development (NEPAD) development framework. The report analyses the current state of the integration process, highlighting where efforts have succeeded or failed. Findings include that progress has been mixed across sectors, regional economic communities and member states; with some notable progress in trade, communications, transport and macroeconomic policy. Overall however, substantial gaps remain between goals and achievements of most regional economic communities, particularly in terms of internal African trade, macroeconomic policy convergence, production and physical connectivity. A summary report is also available (ISBN 9211250927)

The East African Community

The East African Community
Author :
Publisher : Routledge
Total Pages : 168
Release :
ISBN-10 : 9781000389777
ISBN-13 : 1000389774
Rating : 4/5 (77 Downloads)

Synopsis The East African Community by : Jean-Marc Trouille

This book brings together African and European experts from a variety of disciplines to examine the origins and current state of the East African Community (EAC). Over the course of the book, the authors analyse the rich tapestry of intraregional relations in East Africa, the EAC’s similarities with the European Union and the future challenges faced by the organisation. Widely regarded as the most advanced and successful regional integration scheme in Africa, the EAC is an intergovernmental organisation consisting of Burundi, Kenya, Rwanda, Tanzania, and Uganda and, since 2016, South Sudan. It is the oldest among Africa’s regional economic communities, and among the continent’s most promising growth areas, with a long history of integration, punctuated by several false starts and traumas that have profoundly affected its body politics. When initially set up, the EAC model bore a striking resemblance to the process undergone by the European Union. Now, as the EAC continues to establish its own identity, this book argues that whilst Europe’s history may provide useful insights for EAC member states, the EAC experience could in turn also offer lessons for the European Union. Covering key dimensions such as integration, co-operation, development, trade and investments, this book highlights the intricate and complex relationships between East African states, and it will be of interest to researchers working on economic development, international relations, peace and security and African studies.