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Regional Economic Integration in Africa

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  • Marinov, Eduard

Abstract

State and Government leaders of the African Union adopt and implement efforts for regional integration as a common strategy for the development of the continent. The objective at continental level is the establishment of the African Economic Community as the last of six consecutive stages, including the strengthening of inter-sectoral cooperation and the establishment of regional free trade areas, monetary union, common market, monetary and economic union, covering the entire continent. Currently there are 15 Regional economic communities in Africa and 7 of them are officially recognized as the foundation for the development of the African economic community. Reviewed are their goals, their main achievements and issues. The study analyses the progress made in the integration process as well as the challenges it faces.

Suggested Citation

  • Marinov, Eduard, 2014. "Regional Economic Integration in Africa," MPRA Paper 60316, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:60316
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    References listed on IDEAS

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    1. World Bank, 2013. "World Development Indicators 2013," World Bank Publications - Books, The World Bank Group, number 13191.
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    Cited by:

    1. Jonathan E. Ogbuabor & Onyinye I. Anthony-Orji & Oliver E. Ogbonna & Anthony Orji, 2019. "Regional integration and growth: New empirical evidence from WAEMU," Progress in Development Studies, , vol. 19(2), pages 123-143, April.

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    More about this item

    Keywords

    Economic integration; Regional economic communities; African economy;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • N77 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Africa; Oceania

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