Economic Integration in Africa

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Economic Integration in Africa

The East African Community in Comparative Perspective

Economics International economics International trade and commerce Development economics and emerging economies

Author: Richard E. Mshomba

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Language: English

Published by: Cambridge University Press

Published on: 12th October 2017

Format: LCP-protected ePub

Size: 4 Mb

ISBN: 9781316946817


Overview

In this work, Richard E. Mshomba offers an in-depth analysis of economic integration in Africa with a focus on the East African Community (EAC), arguably the most ambitious of all the regional economic blocs currently in existence in Africa.

Content and Scope

Economic Integration in Africa provides more than just an overview of regional economic blocs in Africa; it also offers a rich historical discussion on the birth and death of the first EAC starting with the onset of colonialism in the 1890s, and a systematic analysis of the birth, growth, and aspirations of the current EAC.

Objectives and Aspirations

Those objectives include forming a monetary union and eventually an East African political federation. This book also examines the African Union's aspirations for continent-wide integration as envisioned by the Abuja Treaty.

Key Arguments

Mshomba carefully argues that maturity of democracy and good governance in each country are prerequisites for the formation of a viable and sustainable East African federation and genuine continent-wide integration.

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