Regional integration is seen as a rational response to the difficulties faced by a continent with many small national markets and landlocked countries. This was a result of the initiative by the Department for Africa at the Swedish International Development Cooperation Regional economic cooperation and integration throughout southern Africa is experiencing a fundamental realignment in the post‐apartheid era. Regional integration presents unique opportunities to drive Africa’s transformation and development. The Economic Community of West African States (ECOWAS) is among the major African Regional Economic Communities that has been shaping the evolution of regional integration in Western Africa. As trade increases, so will the demand for production capacities and regional infrastructure, spurring growth in these dimensions of integration as well. ), Gnrowth and Integration: Annual World Bank Conference on Development Economics 2006 (Washington, DC: World Bank, 2006), p. 181. The primary intention of this research however, is to go beyond what is on offer in the current regional integration discourse. 2 The . It is because of this that regional integration is needed in Africa, as this will assist in enhancing economic development and growth. ... Download PDF for offline viewing. In this respect, this research has sought to contribute to the process of finding answers to the subject of regional integration in Southern Africa. REGIONAL INTEGRATION IN WESTERN AFRICA Report prepared for and financed by the Ministry of Foreign Affairs, the Netherlands By Sheila Page and Sanoussi Bilal September 2001 Overseas Development Institute 111 Westminster Bridge Road London SE1 7JD UK Tel: +44 (0)20 7922 0300 Fax: +44 (0)20 7922 0399 History shows that many states across the globe enter into regional agreements for economic purposes. It can also include investments in regional infrastructure, harmonization of regulations and standards, common approaches From better crisis prevention and of regional integration in Africa. The second Africa Regional Integration Index (ARII 2019) was launched Friday by the Economic Commission for Africa (ECA), the African Development Bank (www.AfDB.org) and the African Union Commission (AUC), with a call to action to African economies to deepen their integration. regional integration. Importantly, the development of RVCs also creates pressure for further integration. Regional Integration Key to Africa’s economic development–ARII Report . the regional economic communities in Africa, having received the highest score among those communities on the regional Integration Index of the United Nations Economic Commission for Africa (UNECA). Africa’s regional economic integration and cooperation process is characterized by a multiplicity of schemes and overlapping memberships and mandates. Citing Literature. Regional integration has remained a political and economic priority for Africa since the dawn of independence in the continent. In Africa, many such challenges affect poor people’s lives in areas It brought together policy makers from the Nordic countries with academics working on the subject matter from different perspectives. REGIONAL INTEGRATION IN AFRICA: THE CHALLENGES AND ACHIEVEMENTS OF INTERGOVERNMENTAL AUTHORITY ON DEVELOPMENT (IGAD) Ipinmoye Ayodele Olu* & Saleh Dauda** Department of Political Science and International Relations, University of Abuja, Abuja Abstract: This paper examines the concept of regional integration as a process in which Regional integration refers to various types of political and economic agreements that form closer ties between sovereign countries. Search for more papers by this author. Regional cooperation and regional integration are deemed vital to tackle development challenges that cannot be solved at the national level. This paper examines what is widely regarded as one of the most effectively functioning trade arrangements in Africa: the Southern African Customs Union (SACU) between Botswana, Lesotho, Namibia and Swaziland (BLNS) and South Africa. The challenges of regional integration in Southern Africa Mark Chingono* and Steve Nakana University of Zimbabwe, P. O. However, the linear model of integration from goods markets to monetary and fiscal integration has slowed the progress towards integration in the world economy. Logged in as READCUBE_USER. First, to conceptualize regional integration in Africa, and in southern Africa Consequently, regional arrangements have sprung up all over Africa (Aryeetey, 1997). Regional integration has long been seen in Africa as a means of achieving industrialization and modernization through encouraging trade and securing economies of scale and market access. In Africa in particular, there has been a clamor and trend towards integration with numerous regional blocs being formed in various regions of the continent. Top performers. Accepted 12 September, 2008 Regional integration is increasingly being accepted as essential in facilitating economic and political development. As a result, African governments have concluded a very large number of regional integration arrangements, several of which have significant membership overlap. John C. Anyanwu. Lawrence E. Hinkle and Richard S. Newfarmer, “Risks and Rewards of Regional Trading Arrangements in Africa: Economic Partnership Agreements between the European Union and Sub-Saharan Africa,” in François Bourguignon and Boris Pleskovic (eds. and gender . It is a dynamic and evolving tool that tracks how the continent’s eight Regional Economic Communities (RECs), and countries within each REC, are doing on regional integration overall and by priority areas. The Politics and Economics of Regional Integration in Africa: A Comparative Study of COMESA and SADC, 1980–2015 Dawn Nagar Doctor of Philosophy (PhD.) The Africa Regional Integration Index, now in its first edition, aims to plug the knowledge gap on regional integration. According to the perspective of the Yearbook Monitoring Regional Integration in Southern Africa (Volume 8, 2008) Regional integration has been considered an important and successful tool of economic growth and development. McCarthy further notes that “…even if regional integration could in the end succeed as a formal exercise, sustainable growth will require competitiveness in world markets.”(Mc CARTHY, 1996: THe cOMMOn MaRKeT FOR easTeRn anD sOUTHeRn aFRIca 41 3.1 Introduction 41 3.2 History of COMESA and the Path to Regional Integration 42 3.3 Obstacles to Regional Financial Integration 45 This dissertation will focus primarily on the economic aspects of regional integration, and the importance of regional economic integration to Africa. 2.2 Incentives toward Regional Financial Integration 30 2.3 The EU and ASEAN Experiences – Lessons for Africa 32 2.4 Stages of the RFI Generic Roadmap 34 3. However, the OAU did make a significant stride towards the goal of regional economic integration; in 1991, the organisation adopted the Treaty Establishing the African Economic Community (AEC), also known as the Abuja Treaty, aimed at promoting continental unity through harmonised economic and security policies within Africa’s regional economic communities (RECs). Log out of ReadCube. regional integration is the way ahead as there are many regional externalities that can only be addressed through regional co-operation. pursuing market integration, regional economic organizations in Africa should focus on regional cooperation, with market integration as a future goal. Chapter 3. However, the regional integration process is not necessarily smooth and linear. Members of the southern Africa team provided valuable inputs for and comments on earlier drafts. Regional integration is making steady progress in Southern Africa, leading to the development of regional value chains (RVCs) that could strengthen the competitiveness of the region. By supporting and advancing the soft and hard aspects of regional economic and financial integration, trade, investment and regional infrastructures, ONRI contributes to promoting competitiveness, economic growth and poverty reduction in Africa. “Regional Integration in Africa” on 8 and 9 March, 2001. to identify the impediments to the integration process in Africa. regional economic integration is much broader than efforts simply to liberalize trade. Regional Integration in Southern Africa. It is based on It is in this dynamic that the AUC, in collaboration with the African Development Bank (AfDB) and the United Nations Economic Commission for Africa have joined forces to develop the Africa Regional Integration Index (ARII), whose First Report was launched in 2016. Africa’s regional integration and trade. Box MP167 Mount Pleasant Harare, Zimbabwe. A Guidebook 11 1 Regional integration appealed as a concept to many economists, politicians and business people for one simple reason: it promised to increase the wealth and well-being not just of one, but of a number of countries at a … Membership of regional integration in Africa has become so pervasive that there is no country on the Continent that does not belong to … However, there are still lessons to be drawn from successful . The African Union strategy for regional integration 25 objectives of the AEC as stated in Article 4 include, inter alia, the integration of African economies31 and the co-ordination and harmonization of policies among existing and future economic communities in order to foster the gradual establishment of the Community32. Steve Kayizzi‐Mugerwa. Volume 26, Issue S1. For example, progresses have been uneven, so far, among the eight Regional Economic Communities (RECs) recognized by the African Union Commission (AUC) 3 and supposed to be the building block of regional integration in Africa. Regional Integration in Africa: An Introduction. Context of Regional Integration in Africa 1. Eswatini is Africa’s best performer on trade integration, followed by Namibia. on regional integration in southern Africa for the World Bank to promote its dialogue aimed at a coherent support initiative for regional cooperation and integration in the sub-region. These have, however, done little to halt the marginalization of Africa in In Southern Africa in particular, with its comparatively small economies, r egional integration was meant to play a In the summer of 1963, 30 newly independent countries came together to establish the Organization of African Unity (OAU), the precursor to the present-day African Union (AU). 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