Africa’s prospects for infrastructure development and regional integration:

2017 ◽  
pp. 333-376 ◽  
Author(s):  
Lishan Adam ◽  
Maurice Mubila
Keyword(s):  
Regional Integration ◽  
Infrastructure Development

Africa’s prospects for infrastructure development and regional integration: energy sector

2017 ◽  
Author(s):  
Ethèl Teljeur ◽  
Mayuree Chetty ◽  
Morné Hendriksz
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Resource Planning ◽  
Energy Sector ◽  
Energy Planning ◽  
Infrastructure Development ◽  
Energy Infrastructure ◽  
Regulatory Frameworks ◽  
Self Sufficiency ◽  
Infrastructure Investments

Energy sector development is required to enable greater regional economic integration (harmonization of legal and regulatory frameworks for energy, coordination of energy infrastructure investments, etc.) in Africa. This can address problems associated with fractured energy infrastructure investment and allowing African nations to develop more shared facilities. In addition, regional integration facilitates trade of energy resources and services via sub-regional power pools. Despite the current attempts to integrate regional infrastructure via power pools, actual trade within these pools is low, and the opportunity to derive efficiencies from integrated regional resource planning is missed in favour of national plans. Different stages and design of energy market liberalization or (re-) regulation and the desire for energy self-sufficiency (“security of supply”) hinder the development of bilateral or multilateral projects. Investment in interconnection capacity is required to facilitate intra-power pool trade and achieve the efficiencies associated with the pooling of demand and integrated energy planning.

Central American integration through infrastructure development: A case study of Costa Rican hydropower

2016 ◽  
Vol 6 (1) ◽  
pp. 96-115 ◽  
Author(s):  
Denielle M. Perry ◽  
Kate A. Berry
Keyword(s):  
United States ◽  
Central America ◽  
Free Trade ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Global Market ◽  
Central American ◽  
Infrastructure Development

At the turn of the 21st century, protectionist policies in Latin America were largely abandoned for an agenda that promoted free trade and regional integration. Central America especially experienced an increase in international, interstate, and intraregional economic integration through trade liberalization. In 2004, such integration was on the agenda of every Central American administration, the U.S. Congress, and Mexico. The Plan Puebla-Panama (PPP) and the Central America Integrated Electricity System (SIEPAC), in particular, aimed to facilitate the success of free trade by increasing energy production and transmission on a unifi ed regional power grid (Mesoamerica, 2011). Meanwhile, for the United States, a free trade agreement (FTA) with Central America would bring it a step closer to realizing a hemispheric trade bloc while securing market access for its products. Isthmus states considered the potential for a Central America Free Trade Agreement (CAFTA) with the United States, their largest trading partner, as an opportunity to enter the global market on a united front. A decade and a half on, CAFTA, PPP, and SIEPAC are interwoven, complimentary initiatives that exemplify a shift towards increased free trade and development throughout the region. As such, to understand one, the other must be examined.

Review of Infrastructure Development and Its Financing in India

Paradigm ◽  
2020 ◽  
Vol 24 (1) ◽  
pp. 109-126
Author(s):  
Reena Agrawal
Keyword(s):  
Regional Integration ◽  
Business Models ◽  
Developing Nations ◽  
Bond Market ◽  
Supply Side ◽  
Infrastructure Development ◽  
Municipal Bond ◽  
Reserve Bank ◽  
Private Participation ◽  
Reserve Bank Of India

Infrastructure is one of the most crucial pillars of productivity in any economy. Pushing infrastructure development and particularly organizing funds for infrastructure projects have been the biggest challenge in developing nations. The present study was taken up to review the infrastructure development and its financing in India. The study intended to (1) study the infrastructure development in India in the 11th and 12th Five Year Plan, (2) examine the sources used for infrastructure financing in India, (3) assess the actions taken by government to facilitate infrastructure financing and (4) propose measures to augment infrastructure financing to overcome infrastructure deficit in the country. It was found that though Government of India and Reserve Bank of India have taken several initiatives to facilitate infrastructure financing, there still exists a vast gap between supply side and the demand side. Some of the recommendations given in the paper include the need to evolve innovative business models and mitigate administrative glitches to ensure larger private participation; exploit the untapped potential of diaspora; revisit the statutory liquidity ratio norms for banks; evolve the municipal bond market; boost regional integration and improved connectivity through creation of corridors between sub-continental regions, which would not only bridge the finance gap but also the knowledge gap, etc.

China’s ‘Belt and Road Initiative’: Implication for Land Locked Ethiopia

2020 ◽  
Vol 12 (2) ◽  
pp. 175-193 ◽  
Author(s):  
Mesafint Tarekegn Yalew ◽  
Guo Changgang
Keyword(s):  
Regional Integration ◽  
Addis Ababa ◽  
Geographical Area ◽  
Policy Coordination ◽  
Global Strategy ◽  
Chinese Government ◽  
Infrastructure Development ◽  
Belt And Road Initiative ◽  
Belt And Road ◽  
Trade And Investment

This article analyses the Belt and Road Initiative (BRI) and its implications for landlocked Ethiopia. Primary and secondary data sources are used to solicit viable information. The BRI is aimed to enhance policy coordination, financial integration, promote trade and investment, cultural exchanges and people-to-people relations across a wide geographical area involving Asia, Europe and Africa. The BRI is the next step in China’s global strategy after the reform and opening-up period, and it is important for job creation, infrastructural development, trade and investment and other related developments for landlocked least developing countries such as Ethiopia. For instance, the construction of the early BRI project of Addis Ababa–Djibouti railway has reduced transport costs and shortened the transport time from 3 days to 10 hours. Besides, the establishment of the East African Free Trade Agreement (FTA) at Djibouti by the Chinese government to facilitate trade in the region. Cumulatively, the BRI contributes to the growth of trade and investment opportunities for landlocked Ethiopia in terms of financing, infrastructure development and regional integration.

Africa’s prospects for infrastructure development and regional integration:

2017 ◽  
pp. 185-256 ◽  
Author(s):  
Ethèl Teljeur ◽  
Mayuree Chetty ◽  
Morné Hendriksz
Keyword(s):  
Regional Integration ◽  
Infrastructure Development

Africa’s prospects for infrastructure development and regional integration: information and communications technology sector

2017 ◽  
Author(s):  
Lishan Adam ◽  
Maurice Mubila
Keyword(s):  
Information And Communication Technologies ◽  
Mobile Networks ◽  
Regional Integration ◽  
Rural Areas ◽  
Communication Systems ◽  
Information And Communications Technology ◽  
Knowledge Generation ◽  
Infrastructure Development ◽  
Technology Sector ◽  
Information And Communication

A modern economy requires significant investment in knowledge generation and transmission though efficient information and communication systems. Information and communication technologies (ICTs) have been a remarkable success in Africa. Sector reform, particularly in the mobile segment of the market, has transformed the availability, quality, and cost of connectivity across the continent. Mobile networks cover over 91 percent of the urban population, and coverage in rural areas is growing. However, these high overall levels of coverage hide significant variation between countries, and particularly in the proportion of their populations that have access to services. Although large parts of the ICT sector have been transformed, much remains to be done. Policy makers need to take steps to address the specific challenges facing the ICT sector in Africa by enhancing competition together with practical regulatory framework. Like other infrastructures, a regional approach to ICT investments would reap greater benefits and speed up access.

Regional Integration and Infrastructure Development: Challenges and Opportunities for Côte d’Ivoire

2020 ◽  
Vol 12 (2) ◽  
pp. 139-153
Author(s):  
D. A. Daniel ◽  
M. C. Sama
Keyword(s):  
Cote D'ivoire ◽  
Regional Integration ◽  
Regional Policy ◽  
Côte D’Ivoire ◽  
Infrastructure Development ◽  
Chi Square ◽  
Cote D’Ivoire ◽  
Côte D'ivoire ◽  
Significant Difference ◽  
Challenges And Opportunities

This study used both purposive and stratified sampling techniques, the contribution of regional integration on financing infrastructural project, and regional policy on infrastructural management and technical skills in Côte d’Ivoire was assessed. The study found that over 80 per cent of respondents agreed that regional integration would increase infrastructural project financing evidenced by the country-specific plan for 2020–2022 under the African Development Bank. Moreover, 69 per cent of respondents agreed that the impacts of regional policy on infrastructural management and technical skill have positive effect on the economic development in Côte d’Ivoire. However, there was a significant difference (chi-square value = 0.042, p < 0.05) between the level of education and perception on policy, while the relationship between infrastructure financing and education level was insignificant. Despite the number of challenges limiting regional integration, there are more opportunities through continental and regional programmes and political willpower of Côte d’Ivoire for a successful integration. The study recommends that awareness of regional integration be increased to enhance the knowledge of citizens for easy adoption of regional policy into national activities for infrastructural development.

scholarly journals Infrastructure development, institutions, and intra-regional trade: The case of East Africa

2020 ◽  
Vol 17 (2) ◽  
pp. 104-118
Author(s):  
James Ochieng ◽  
Daniel Abala ◽  
Mary Mbithi
Keyword(s):  
East Africa ◽  
Regional Integration ◽  
Bilateral Trade ◽  
Trade Flows ◽  
Information And Communications Technology ◽  
Transport Infrastructure ◽  
Infrastructure Development ◽  
Bilateral Trade Flows ◽  
Ict Infrastructure ◽  
Bilateral Exports

This study empirically examines the relationship between infrastructure stock and bilateral trade flows using a panel of 11 countries in East Africa for the period 2000 to 2018. Infrastructure augmented gravity model was estimated using total bilateral exports for the countries in East Africa. Infrastructure was disaggregated into transport and information and communications technology (ICT) infrastructures. Two institutional variables, control of corruption index and regulatory quality, were incorporated in the model. By employing Poisson Pseudo Maximum Likelihood (PPML) estimator, the results confirm that both ICT and transport infrastructures and quality institutions positively impact on the volumes of total bilateral exports in East Africa. However, ICT infrastructure has a greater impact on trade flows compared to transport infrastructure. Therefore, more resources should be channelled towards increasing the stock of ICT infrastructure to propel trade and regional integration in East Africa.

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