Regional economic integration in sub-Saharan Africa

TitleRegional economic integration in sub-Saharan Africa
Publication TypeBook Chapter
Year of Publication1998
AuthorsP.J.J. Konings, and H.A. Meilink
Secondary TitleRegionalization and globalization in the modern world economy: perspectives on the Third World and transitional economies
Pagination143 - 145
Date Published1998///
PublisherRoutledge
Place PublishedLondon [etc.]
Publication Languageeng
Keywords1991, Africa, economic integration, Subsaharan Africa
Abstract

The issue of regional integration has acquired a new relevance and urgency in Africa due to wide-reaching national and global changes. African leaders' commitment to regional economic integration was clearly expressed during the June 1991 OAU summit meeting in Abuja, Nigeria. On that occasion, they signed a treaty to establish an African Economic Community (AEC) by the year 2025. This chapter reviews the various regional integration schemes that came into existence in the aftermath of independence - Union douanière et économique de l'Afrique centrale (UDEAC), East African Community (EAC), Communauté économique de l'Afrique de l'Ouest (CEAO), ECOWAS, Union économique et monétaire ouest-africaine (UEMOA), Economic and Monetary Union of Central Africa (CEMAC), and Southern African Customs Union (SACU). The chapter explains the reasons for the relative failure of these schemes and examines the consequences of Africa's rapidly changing position in the global economy for regional integration

Notes

Bibliogr.: bl. 143-145 - Overdr. uit: Regionalization and globalization in the modern world economy: perspectives on the Third World and transitional economies; p. 128-145

IR handle/ Full text URLhttp://hdl.handle.net/1887/4617
Citation Key627