The Impact of Ecowas on Intraregional Trade Flows: An Empirical Investigation

1995 ◽  
Vol 23 (3) ◽  
pp. 113-129 ◽  
Author(s):  
Mamit Deme
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Empirical Investigation ◽  
West African ◽  
Trade Flows ◽  
Integration Scheme ◽  
General View ◽  
Economic Community ◽  
Integration Schemes ◽  
The Impact

There is a scarcity of published statistical analysis that examines the impact of economic integration schemes in Africa. This study fills the gap in the literature. The impact of Economic Community of West African States (ECOWAS) on trade flows of its member countries is examined applying an econometric analysis. The parameters of a multivariate trade-flows model are estimated using a panel data of the 1975 to 1991 period. The results suggest that the regional integration scheme has succeeded in increasing trade flows between member countries. The general view in the literature is that African integration schemes have failed to increase trade flows.

Enforcing ECOWAS Law in West African National Courts

2011 ◽  
Vol 55 (2) ◽  
pp. 181-202 ◽  
Author(s):  
ES Nwauche
Keyword(s):  
Regional Integration ◽  
West African ◽  
Legal Systems ◽  
Economic Community ◽  
The West ◽  
Member States ◽  
Community Law ◽  
National Courts ◽  
The Law

AbstractOne of the constitutional challenges of regional integration is how to manage the limitation of national judicial sovereignty of member states to ensure that community law is recognized as superior to national law and is accordingly applied and interpreted by national courts at the instance of community citizens. This challenge arises from the national ordering of legal systems and the fact that states are the primary parties to agreements in which they limit their sovereignty in favour of the success of the community. This article examines the enforceability of the law of the Economic Community of West African States in the national courts of the West African states which comprise ECOWAS, with the aim of determining how this affects the integration goals of ECOWAS.

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.

scholarly journals DAMPAK MEA TERHADAP INVESTASI, EKSPOR-IMPOR DAN PENGGUNAAN TENAGA KERJA INDONESIA

2019 ◽  
Vol 2 (2) ◽  
Author(s):  
Nur Khasanah ◽  
Prihartini Budi Astuti ◽  
Ika Neni Kristanti
Keyword(s):  
Economic Integration ◽  
Secondary Data ◽  
Economic Community ◽  
Foreign Investors ◽  
Before And After ◽  
The Government ◽  
Asean Economic Community ◽  
The Impact ◽  
Sample Pair ◽  
Made In

This research attempts to analyze the effects of the economic integration of the ASEAN Economic Community (AEC) which was implemented since 2015. The impact analyzed is focused on investments made in Indonesia, both investments made by foreign investors and domestic investors. Another thing that was also highlighted in this study was the flow of exports and imports. This was also investigated because one of the policies contained in the agreement of the ASEAN economic community was the elimination of international trade barriers. In addition to the two things above, researchers also analyzed the influence of the ASEAN economic community on the use oflabor in Indonesia. The data analyzed in this study are secondary data obtained from the relevant agencies. The method used in this study is a different sample pair test. This method is used because the research conducted is comparing the conditions of investment, export-import and use of labor in Indonesia before and after the economic integration of the ASEAN Economic Community. At the end of this study, researchers will provide recommendations to the government regarding what should be done by the government to optimize investment activities, exports and use of local labor in Indonesia.

scholarly journals Economic Integration In ECOWAS: 40 Years After

2016 ◽  
Vol 12 (19) ◽  
pp. 75
Author(s):  
Michael P. Okom
Keyword(s):  
Economic Integration ◽  
Status Quo ◽  
West African ◽  
Institutional Framework ◽  
Economic Community ◽  
Big Dreams ◽  
Economic Bloc ◽  
Goals And Objectives

The Economic Community of West African States (ECOWAS) was launched in Lagos on 28 May, 1975, amidst fanfare and big dreams of economic nirvana: economic integration, development and prosperity. The template for the institutional mechanisms and infrastructure for the realization of the dreams were encapsulated in the Treaty itself and the relevant Protocols. The legal and institutional framework presented a picture perfect structure which only needed concerted and focused action, to realize ECOWAS’ lofty goals and objectives. 37 years after, this still remains a mirage. This paper examines the cause for this untoward status-quo and proffers ideas as to how the drive towards the actualization of the ECOWAS as a viable, virile, economic bloc can be attained.

Investor–State Dispute Settlement using the ECOWAS Court of Justice: An Analysis and Some Proposals 

2019 ◽  
Vol 34 (2) ◽  
pp. 496-518
Author(s):  
Matthew Happold
Keyword(s):  
West Africa ◽  
Economic Integration ◽  
Dispute Settlement ◽  
West African ◽  
Economic Community ◽  
Court Of Justice

Abstract In the light of increasing discontent with arbitration as a method of investor–State dispute settlement (ISDS), alongside proposals for the establishment of court systems for the settlement of such disputes, this article suggests that such a mechanism might already be available for West African States in the form of the Court of Justice of the Economic Community of West African States (ECOWAS). The ECOWAS Court of Justice, the article shows, can already deal with a variety of investor–State disputes, while reforms are suggested to extend its investment jurisdiction and render it more effective. Such initiatives, it argues, would assist in developing African States’ role as ‘investment rule makers’ rather than ‘rule takers’, as well as further ECOWAS’s mission to promote economic integration within West Africa.

SOURCES OF THE LAW OF THE ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS)

2001 ◽  
Vol 45 (1) ◽  
pp. 73-96 ◽  
Author(s):  
Sunday Babalola Ajulo
Keyword(s):  
West Africa ◽  
Economic Integration ◽  
West African ◽  
Economic Community ◽  
Member States ◽  
Community Court ◽  
Legal Problems ◽  
Court Of Justice ◽  
The Law

Articles 6(e) and 15(1–4) of the ECOWAS Revised Treaty (1993) provide for the establishment of a Court of Justice of the Community. These provisions should, however, be read along with those of the Protocol on the Community Court of Justice initialled in 1991. Attempts have been made to analyse various aspects of the institutions of the Community, including the Court of Justice. While Bankole Thompson examined the legal problems of the economic integration in West Africa, Kofi Oteng Kufuor attempted to look at the Court of Justice from the angle of compliance with its judgments by member states. Denakin, for his part, appraised generally the prospects of the Court.

scholarly journals Borderless with Unequal Opportunity? Experts’ Perspectives on the ASEAN Economic Community and Impact on Indonesian Accountant Profession

2019 ◽  
Author(s):  
Desi Adhariani ◽  
Sylvia Siregar ◽  
Rini Yulius
Keyword(s):  
Regional Integration ◽  
Economic Community ◽  
Class Differences ◽  
Management Accountants ◽  
Class Stratification ◽  
Challenges And Opportunities ◽  
New Challenges ◽  
Asean Economic Community ◽  
The Impact ◽  
Depth Interviews

The ASEAN Economic Community (AEC), a regional integration in Southeast Asia that started at the end of 2015 and is expected to bring new challenges and opportunities. However, an assessment of the capabilities of Indonesian management accountants suggests that they may struggle with challenges because of the free flow of skilled labour. In this study, we aimed at presenting and analysing Indonesian experts’ perspectives on the readiness of management accounting professionals in Indonesia to work in the new economic era. It also provides recommendations for improvements in the profession. This research uses in-depth interviews as well as questionnaires distributed to top-level management; some of the participants are also working as academics in universities. This study found that class differences as theorised by Weber play significant roles in determining readiness. These differences could be attributed to the perceived qualities of universities in Indonesia, implying that management accountants from more reputable universities are more prepared than those from less prestigious institutions. The demand side analysis performed in this study implies the expectation gaps in skills and education due to the class stratification as a barrier. The gap found in this study has to be filled to optimise the open chances offered by AEC to the profession of accounting in Indonesia. Although this is not the first research about the impact of ASEAN Economic Community to a specific profession, the study has an original value of addressing such impact on the management accountant profession in Indonesia.

scholarly journals The Impact of the Global Financial Crisis on World Trade

2015 ◽  
Vol 52 (1) ◽  
pp. 13-32
Author(s):  
Slobodan Č Čerović ◽  
Marina Pepić ◽  
Pero Petrović ◽  
Stanislav Č Čerović
Keyword(s):  
Financial Crisis ◽  
Regional Integration ◽  
Global Financial Crisis ◽  
World Market ◽  
Trade Flows ◽  
Current Crisis ◽  
National Interests ◽  
Modern Economic ◽  
The Global Financial Crisis ◽  
The Impact

Abstract Modern economic and financial crisis has caused a significant reduction in trade flows, for the first time since the Second World War, so it is often referred to as the trade crisis. Despite many benefits and disadvantages of liberalization as key features of modern age, the current crisis has led to a reassessment of these positions affecting the introduction of protectionist measures and the strengthening of regional ties and alliances. The question that arises is how the future trade flows will look like and whether regional integration will prevail over multilateral and liberalized trading system. The financial crisis quickly became the economic crisis that hit all sectors. The first visible effects of the crisis were reflected in a sharp fall in trade flows, and conditioned drop in demand, which led to a fall in production and employment. The first reactions of numerous countries were protectionist measures in order to protect national interests. This again aroused debate between proponents of liberalism and protectionism, where the effects and the origins of the crisis favored the latter. Economic decision makers, faced with the pressing economic problems, tried to mitigate them (at least in the short-term) turning more to regional partners, and less to the world market.

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