Regional integration, trade and industry in Africa / Helmut Asche.
Asche, Helmut.
2021
HC800
Available Online

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Title Regional integration, trade and industry in Africa / Helmut Asche.
Author Asche, Helmut.
ISBN 9783030753665 (electronic bk.)
3030753662 (electronic bk.)
3030753654
9783030753658
DOI https://doi.org/10.1007/978-3-030-75366-5
Imprint Cham : Springer, 2021.
Language English
Description 1 online resource
Other Standard Identifiers 10.1007/978-3-030-75366-5 doi
Call Number HC800
Dewey Decimal Classification 330.96
Summary This book examines the past, present and prospects of regional economic integration in Africa. The empirical analysis ranges from unions formed during the years following independence, to the proposed African Continental Free Trade Area (AfCFTA), which aims to remove trade barriers between all 55 African states. In addition, the book explores to what extent Africa's Regional Economic Communities (RECs) have advanced in accordance with a linear integration model of goods, labor and capital markets. The book subsequently evaluates the suitability of the European model of deep integration with costly institutions for the conditions specific to Africa, considering, for example, the role of informal and non-recorded trade. Stylized cases of regional division of labour with increasing returns and imperfect competition are introduced to support the economic integration logic. Past and current economic policies in Africa are scrutinized to answer the question: how can African regions best foster new manufacturing industries and value chains across the continent? In conclusion, the book outlines content and processes of Common Industrial Policy in the African regions. The book also addresses the controversial issue of international trade agreements between developing countries and the European Union or the USA and investigates whether these agreements impede or promote economic development in Africa. The book includes a detailed roadmap describing how to improve key clauses of agreements for economic partnership in the interest of African countries. In closing, it outlines a new vision of joint sustainable development for Africa and Europe.
Bibliography, etc. Note Includes bibliographical references.
Access Note Access limited to authorized users.
Source of Description Online resource; title from PDF title page (SpringerLink, viewed June 29, 2021).
Series Advances in African economic, social and political development, 2198-7262
Available in Other Form Print version: 9783030753658
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Record Appears in Online Resources > Ebooks
All Resources
Regional Economic Integration in Africa: An Introduction
Part I: The Economic Regions in Africa
The State of the Unions
The Logical Sequence of Regional Economic Integration
The Reality of African Trade Integration
Challenges of Implementation
Regional Integration in Trade Theory
The Coordination Problem in Regional Integration
On the African Continental Free Trade Area
Part II: Industrial Policy in the African Regions
A Fourfold Justification of Common Industrial Policy
Essentials of Common Industrial Policy
Industrialization Strategies and Regional Actors
Part III: Global Dimensions of Regionalism
Shallow and Deep Integration
The EU-Africa Trade Agreements
The Content of Economic Partnership Agreements
Final Assessment of the EU-Africa Trade Deals Ways Out?
Conclusion and Outlook
Conclusion
How To Achieve Africa's Economic Unity
Outlook
Sustainable Prospects for Regions, Trade and Industry.

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