Towards shared prosperity in sub‐Saharan Africa: How does the effect of economic integration compare to social equity policies?

Author(s):  
Isaac K. Ofori ◽  
William G. Cantah ◽  
Benedict Afful ◽  
Saddam Hossain
2019 ◽  
Vol 65 (3) ◽  
pp. 265-281
Author(s):  
Diamond Ashiagbor

Underpinning this article is the proposition that regional integration with a social dimension has the potential to engender a more equitable pattern of globalisation. The empirical focus of the article is on the extent to which the insights of ‘embedded liberalism’ associated with regional economic integration between the industrialised nations of the European Union (EU) can be applied to regional economic integration within sub-Saharan Africa. The article contends that EU market liberalisation has been embedded within labour market institutions and institutions of social citizenship at the domestic level. These have served as social stabilisers to counter the far-reaching effects of the internal market and global trade. Less industrialised nations have never enjoyed adjustment mechanisms of this sort, raising the question for this article, and for further research: in which legal and institutional structures can these nascent forms of market integration at regional and sub-regional level be embedded?


2013 ◽  
Vol 6 (2) ◽  
Author(s):  
Regis Y. Simo

AbstractServices liberalisation has gradually become very important for growth in developed and less-developed countries alike and can, as such, be seen as development prospects for sub-Saharan Africa where numerous economic integration attempts are stories of repeated failures. Despite the abundant literature on PTAs, however, little attention has been given to Central Africa Economic and Monetary Community (CEMAC) as a trade bloc. This is an attempt to address that dearth.At a time when “boosting intra-African trade” is gaining currency on the continent, this article tests the compatibility of the potential CEMAC economic integration agreement (EIA) against the background of the existing framework and argues that Central Africa countries would be in a better position to integrate their economies after widening the borders of their individually tiny markets. Analysing the legal discipline behind services Preferential Trade Agreements (PTAs) under the General Agreement on Trade in Services (GATS) and how CEMAC’s agreement fits into this legal landscape, this article further advocates that this sub-group of countries should go beyond the Enabling Clause self-contentment and embark on a deeper (and comprehensive) integration.


2020 ◽  
Vol 15 (2) ◽  
pp. 45-51
Author(s):  
D. V. Kuzmin ◽  
D. V. Kuzmin

Regional economic integration in East Africa, as in sub-Saharan Africa as a whole, remains an urgent task for States. It also arouses the interest of researchers for its features. The basis of regional economic integration in the associations of Africa in the XXI century is a stable macroeconomic dynamics, since the author proceeds from the fact that in the conditions of economic recovery, integration processes in the region are intensified. At the same time, the author believes that the socioeconomic problems common to the countries of Africa or its individual regions can also serve as a basis for the activation of integration processes.


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