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Regional Integration and Cooperation in Sub-Saharan Africa: Are Formal Trade Agreements the Right Strategy

Author

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  • Radelet, S.

Abstract

This paper examines the potential for success for trade-focused regional integration agreements in Sub-Saharan Africa, with particular focus on Southern Africa. The paper surveys the existing literature on regional integration, and attempts to distill the most relevant lessons about success and failure for the current integration initiatives in the region. It finds that there is little reason to expect significant economic gains form formal trade agreements at this time. Such agreements, in and of themselves, are unlikely to yield appreciable benefits unless they are preceded by decisions within member countries to follow more general open trade strategies.

Suggested Citation

  • Radelet, S., 1999. "Regional Integration and Cooperation in Sub-Saharan Africa: Are Formal Trade Agreements the Right Strategy," Papers 20, Bell Communications - Economic Research Group.
    • Handle: RePEc:fth:bellco:20
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    Cited by:

    1. Menna Bizuneh & Steven Buigut & Neven Valev, 2020. "Beyond Borders: The Euro Crisis and Public Support for Monetary Integration in East Africa," South African Journal of Economics, Economic Society of South Africa, vol. 88(4), pages 518-535, December.
    2. Luboš Smutka & Karel Tomšík, 2011. "Selected aspects of GDP value and structure development in sub-Saharan Africa," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 59(7), pages 347-362.

    More about this item

    Keywords

    TRADE ; REGIONAL ECONOMY ; DEVELOPING COUNTRIES ; ECONOMIC INTEGRATION;
    All these keywords.

    JEL classification:

    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • F10 - International Economics - - Trade - - - General
    • F15 - International Economics - - Trade - - - Economic Integration

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