1. Regional Integration In Africa: Some Recent Developments And Challenges
- Author:
- Idris Ademuyiwa and Eberechukwu Uneze
- Publication Date:
- 10-2014
- Content Type:
- Working Paper
- Institution:
- Centre for the Study of the Economies of Africa (CSEA)
- Abstract:
- African countries have been left out of the recent benefits accruing from international trade. For example, they accounted for only 3.2 percent of world trade in 2013 compared to 5 percent in the mid-1960s. Regional integration can reverse this weak performance as it holds the promise for countries to gain from the resultant economies of scale and enhanced competitiveness. It will also help to expand the markets for foreign direct investment.
- Topic:
- International Trade and Finance, Foreign Direct Investment, Regional Integration, Trade, and Trade Policy
- Political Geography:
- Africa and Latin America