Driving Factors of Intra-regional Trade in Agricultural Goods: The Case of West African Economic and Monetary Union

2019 ◽  
pp. 95-117
Author(s):  
Toussaint Houeninvo ◽  
Philippe Sèdédji
Keyword(s):  
Monetary Union ◽  
West African ◽  
Driving Factors ◽  
Economic And Monetary Union ◽  
Regional Trade

Effects of the Common External Tariff on intra-regional trade: The case of the West African Economic and Monetary Union and the Economic Community of West African States.

2020 ◽  
Vol 38 (3) ◽  
Author(s):  
Sane Malick
Keyword(s):  
Gravity Model ◽  
Monetary Union ◽  
West African ◽  
Economic And Monetary Union ◽  
Economic Community ◽  
Regional Trade ◽  
Common External Tariff ◽  
Customs Unions ◽  
Explanatory Factors ◽  
The Common

In West Africa, two common external tariffs coexist at the sub-regional and regional level with eight countries out of fifteen sharing their membership of the two entities. This paper analyzes intra-West African Economic and Monetary Union trade flows with the implementation of the Economic Community of West African States common external tariffs. The study makes use of a methodology which is based on an augmented gravity model. Overall, the findings from the three estimated models converge in the same direction, with several significant coefficients simultaneously and of the same sign. The findings provide overall satisfaction in the estimation of the gravity model. The lack of diversification of the economies of the two zones is one of the explanatory factors for the relative weakness of intra-regional trade. The issue of the structural transformation of the economies of the member countries therefore arises, more than ever acutely, which would contribute to the intensification of trade to make intra-regional trade one of the levers of economic growth and development in the two customs unions.

scholarly journals CO2 Emissions and Economic Growth in the West African Economic and Monetary Union (WAEMU) Countries

2017 ◽  
Vol 6 (2) ◽  
pp. 174 ◽  
Author(s):  
Youmanli Ouoba
Keyword(s):  
Co2 Emissions ◽  
Monetary Union ◽  
Trade Openness ◽  
Test Procedure ◽  
West African ◽  
Economic And Monetary Union ◽  
Kuznets Curve ◽  
The West ◽  
The Government ◽  
Bound Test

The objective of this work is to address the validity of a quadratic environmental Kuznets curve (EKC) hypothesis in the West African Economic and Monetary Union (WAEMU) countries over the period 1970-2010. The bound test procedure is used to analyze the relationship between CO2 emissions and GDP. The results indicate that there is no long term relationship between these variables for the panel of 8 countries of the WAEMU. Similarly, the co-integration exists only in Benin, Mali and Togo. For the purposes of robustness check, additional variables (energy consumption and trade openness) and the Sasabuchi–Lind–Mehlum U test are used. The results confirm the validity of a quadratic carbon Kuznets curve only in Mali. Moreover, the validity of the "pollution havens" hypothesis suggests that the government of Mali should strengthen its environmental regulation policy to limit the influx of polluting industries in the country.

The Mano River Union

1982 ◽  
Vol 20 (4) ◽  
pp. 613-628 ◽  
Author(s):  
Peter Robson
Keyword(s):  
International Economic ◽  
West Africa ◽  
Economic Integration ◽  
Monetary Union ◽  
West African ◽  
Economic And Monetary Union ◽  
Economic Community

Of the four current schemes for international economic integration in West Africa, the operation of the Communauté économique de l'Afrique de l'Ouest has been recently reviewed, the Economic Community of West African States continues to be widely discussed, while the agreement of the Presidents of Senegal and Gambia in Dakar on 17 December 1981 to establish a Senegambian Confederation, and to develop an economic and monetary union between the two countries, is as yet in its formative stages. This article examines the structure, progress, and potential of the Mano River Union (M.R.U.) about which little has been published.

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