Title: | Vol. 8, No.2: Regional Economic Integration in Africa: Challenges and Prospects |
Authors: | Martha Belete, Martha |
Keywords: | Regional Integration, African Economic Community, Continental Free Trade Area, Intra Africa Trade, Regional Economic Communities |
Issue Date: | Dec-2014 |
Publisher: | St. Mary's University |
Abstract: | Africa has witnessed various efforts of economic integration at the
continental and regional levels. While the idea of regional integration
is as old as the Organization of African Unity now renamed as African
Union, recent summits have reaffirmed Africa’s commitment toward
boosting intra-Africa trade and integration. With the grand aim of
forming a continental economic community (African Economic
Community) in the future, African countries aspire to use the various
regional economic communities as building blocs. Despite such
endeavors, however, the continent’s economy has remained
fragmented, inter alia, due to low level of infrastructure development
and the state-centric nature of the integration efforts. The overlapping
multiple memberships of countries to the regional groupings has
complicated the integration effort. The absence of clear rule on the
relationship between the existing regional economic communities and
the ‘to-be-formed’ African Economic community has also contributed
to the uncertainty in the integration process. In view of these
challenges, I argue that the focus on speeding up the formation of the
continental wide free trade area (FTA) does not seem timely; and the
focus should rather be redirected at strengthening the regional
economic communities. These pursuits meanwhile call for addressing
the legal and non legal issues that are important steps in bringing the
continent closer to integration. |
URI: | http://hdl.handle.net/123456789/2721 |
Appears in Collections: | Mizan Law Review
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