Regional Integration and Economic Growth: New Empirical Evidence from the East African Community

Author(s):  
Francis Ejones ◽  
Frank W. Agbola ◽  
Amir Mahmood
Author(s):  
L. Muthoni Wanyeki

In recent years, and particularly since the 2013 general election and the ascent to power of the Jubilee Alliance, Kenya has sought to enhance its influence and standing beyond the regional economic communities of the East African Community (EAC) and the Intergovernmental Authority on Development (IGAD). This chapter explores Kenya’s foreign policy and changing relationship with the EAC and IGAD, the ways in which it has sought to expand its regional integration to include the African Union (AU), the reasons for this shift, and the implications for Kenya’s domestic economy and politics. It posits that, due to both internal and external factors—such as military involvement in Somalia and the LAPSSET corridor project—Kenya is now pursuing a far more aggressive and proactive bilateral and multilateral diplomatic strategy with both positive and negative effects.


1973 ◽  
Vol 27 (3) ◽  
pp. 303-328 ◽  
Author(s):  
Dennis L. Dresang ◽  
Ira Sharkansky

This essay draws from the experience of Kenya and the East African Community to ascertain the impact of single–country or regional ownership on the commercial performance of public enterprises. The advantages of the larger resource base of a regional community are mooted by the problems of mobilizing those resources. A fledgling public corporation can secure assistance most readily when owned by one state. It is also clear that traits of a corporation independent of its regional or single–country status affect commercial success. The essay concludes with a discussion of the limited contribution public corporations make to further levels of regional integration.


2017 ◽  
Vol 13 (19) ◽  
pp. 249
Author(s):  
Onesmus Mutunga Nzioka

This study set out to investigate the relationship between financialintegration and economic growth in the EAC community states. Secondarydata on financial integration and GDP was obtained from worldbank and theEast African Community(EAC) community secretariat. The data wassubjected to simple linear regression and correlation analysis to achieve theset objective. The study found that, Gross capital flow to GDP (financialopenness) is positively correlated to economic growth (r=0.2093, p <0.05).The study also found that, 3.98% of the variations in economic growth, asmeasured by GDP per capita, within the countries are explained by financialintegration, as measured by the ratio of gross capital flows, 38.98% of thevariations in economic growth between the countries are explained byfinancial integration while 4.38% of the variations in economic growth of theEast African communityEAC as an economic bloc (considering panel data)are explained by financial integration. The findings confirm that, whencapital flows increase, economic growth also increases, pointing to thenecessity of the East African member states to explore ways of increasing thecapital flows between the countries. The researcher recommends conductingof a comparative study between the old and the new EAC to establishwhether the inclusion of Rwanda and Burundi, has had any positive impact(catalyzed) on the level of financial integration and economic growth.


Author(s):  
Mangasini Atanasi Katundu

The MDGs have been criticised for being too narrow and leaving out many people and their needs, like mental health. Likewise, not all MDGs were implemented successfully in all countries. Some countries implemented one or two MDGs of their choice and left others untouched, others partially implemented all MDGs. It was on this basis that the UN member states met in Rio to frame the Sustainable Development Goals (SDGs). However, in order for the SDGs to address systemic challenges across economic, social, and ecological dimensions of sustainable development they require appropriate institutional support to effectively integrate them into institutions and practices, to coordinate activities, and to mobilize resources for implementation. Rising income inequality negatively impacts economic growth and is threatening sustainable development of East African Community (EAC) member states. Since, the SDGs are many, it is recommended that, East African Member states should adopt a targeted approach in implementing the SDGs and focus on the smallholder farming sector.


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