Economic Integration in Africa
Economic Integration in Africa
In this work, Richard E. Mshomba offers an in-depth analysis of economic integration in Africa with a focus on the East African Community (EAC), arguably the most ambitious of all the regional economic blocs currently in existence in Africa. Economic Integration in Africa provides more than just an overview of regional economic blocs in Africa; it also offers a rich historical discussion on the birth and death of the first EAC starting with the onset of colonialism in the 1890s, and a systematic analysis of the birth, growth, and aspirations of the current EAC. Those objectives include forming a monetary union and eventually an East African political federation. This book also examines the African Union's aspirations for continent-wide integration as envisioned by the Abuja Treaty. Mshomba carefully argues that maturity of democracy and good governance in each country are prerequisites for the formation of a viable and sustainable East African federation and genuine continent-wide integration.
- Examines economic integration in Africa from a historical, economic, and political perspective, showing the confluence of history, economics, and politics in shaping the pace of economic integration
- Focuses on one regional economic bloc - the East African Community (EAC) - while at the same time maintaining a broader perspective by considering continent-wide integration efforts
- Presented in chronological order, making historical developments easy to follow
Reviews & endorsements
‘To date, we have lacked authoritative studies of some of Africa's most important regional organizations, which has undermined our understanding of how African states engage with one another. Richard E. Mshomba has filled this gap for the East African Community, providing a thorough, clearly written and persuasive account of its strengths and weaknesses. This volume represents a significant contribution to the debate, and will be an important touchstone for academics, policy makers and practitioners alike.' Nic Cheeseman, University of Birmingham
‘Professor Richard E. Mshomba has produced an outstanding study that should be of utmost value to a wide variety of scholars, students, and policy practitioners. In cogent and compelling language, he has clarified the economic challenges and opportunities of regional economic federations; he has brought us a compelling history of the efforts to achieve regional economic integration in Eastern Africa. His analysis and conclusions will be of interest to scholars of economic integration throughout the developing world.' Michael F. Lofchie, University of California, Los Angeles
Product details
May 2019Paperback
9781316637128
265 pages
230 × 151 × 14 mm
0.4kg
Available
Table of Contents
- 1. Introduction
- 2. Regional economic integration in Africa
- 3. The colonial background of the former East African community
- 4. The rise and fall of the former East African Community
- 5. The birth and growth of the current East African Community: the Customs Union
- 6. The common market
- 7. The road to monetary union
- 8. Aspirations for an East African political federation
- 9. Aspirations for continent-wide integration
- 10. Conclusion
- Bibliography.
