Economic Integration in Sub-Saharan Africa

Author(s):  
Lisa Borgatti
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.


2018 ◽  
Vol 17 (2) ◽  
pp. 9-20
Author(s):  
Puseletso Letete

In recent years around the world, it is apparent that the need for mutual assistance between states is increasing and gaining support. The Organisation for Economic Cooperation and Development (OECD) has been in the lead of this effort. This approach has also been prevalent in Africa, particularly in the Southern African Development Community (SADC) which is viewed in the context of strengthening economic integration and cooperation in the region. Recently, there has been extensive commitment by many jurisdictions around the world to eradicate problems to the exchange of information in tax matters by approving and supporting the international standard on transparency and exchange of information. The regional organisations in Sub-Saharan Africa have engaged in new trends in tax policy and administration. This has seen the adoption of agreements to regulate exchange of information in tax matters which is the subject of the present enquiry.


Author(s):  
Darlington Richards ◽  
Gladson Nwanna

This paper discusses the  Economic Community of West African States (ECOWAS) as a concept founded and deeply rooted in the market and economic integration of the participating countries, as well as a model frame for the larger, if more ambitious, integration of the entire continent. It contends that if effectively implemented, sub-Saharan Africa would experience a huge transition that would tremendously transform its participation in globalization so significantly than is otherwise the case today. In this paper, we outline the contending dynamics and constraints in the sub-region. From this premise, it focuses on the market integration challenges facing ECOWAS as it identifies the institutional, structural and infrastructural constraints, with their backgrounds and origins in the colonial antecedents of the member countries. It is our contention that effective economic integration (substantially lacking at present) requires the development of core human “facilitators”, as well as institutional and infrastructural convergence and compatibility in functional market structures. While we note that the need, and indeed urgency, to fully integrate the sub-region is hampered by the lack of a realistic timetable or framework for implementation, we also note the lack of prioritization of integratable policy options. In this paper, however, we have not addressed what or which policy options should enjoy sequential priority in the realization of full economic integration, even though such criticality is noted. The failure of full economic integration more than 25 years after inception speaks to larger underlying constraint components within and without the sub-region that must be addressed. The futility of an integration initiate with such disparate and divergent in-country policy initiatives cannot be over-emphasized. As a process, regional economic integration is a value-driven process that can potentially deliver benefits to consumers and present firms with new markets, as well as challenges. Hopefully, addressing these constraints would persuade a holistic and more optimistic assessment of the sub-region (as opposed to individual country assessment) as an alternative location that is sufficiently attractive in its competitive offer and sensitivity to Foreign Direct Investment.


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