Economic Integration Currency Union And Sustainable And Inclusive Growth In East Africa

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Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa

Author : Almas Heshmati
Publisher : Springer
ISBN 13 : 3319304321
Total Pages : 232 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa by : Almas Heshmati

Download or read book Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa written by Almas Heshmati and published by Springer. This book was released on 2016-04-30 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume focuses on economic integration, currency union, and sustainable and inclusive growth in East Africa. It consists of twelve interrelated studies that provide a comprehensive picture of the state and determinants of economic development and cooperation among countries in East Africa, such as Burundi, Ethiopia, Kenya, Rwanda and Tanzania. The contributions are grouped into five parts: economic integration and its effects on trade; common currency and exchange rate; research, innovation, and knowledge, and shadow economics and corruption; inclusive and sustainable growth; and the conflict-growth nexus and reconstruction. This book will appeal to scholars and decision makers looking for the necessary tools and determinants of economic development and cooperation in East Africa.

The East African Community: Quest for Regional Integration

Author : Mr. Paulo Drummond
Publisher : International Monetary Fund
ISBN 13 : 1498322956
Total Pages : 308 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis The East African Community: Quest for Regional Integration by : Mr. Paulo Drummond

Download or read book The East African Community: Quest for Regional Integration written by Mr. Paulo Drummond and published by International Monetary Fund. This book was released on 2015-01-12 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries are making significant progress toward financial integration, including harmonization of supervisory arrangements and practices and the modernization of monetary policy frameworks. This book focuses on regional integration in the EAC and argues that the establishment of a time table for the eliminating the sensitive-products list and establishing a supranational legal framework for resolving trade disputes are important reforms that should foster regional integration.

Monetary and Financial Systems in Africa

Author : Aloysius Ajab Amin
Publisher : Springer Nature
ISBN 13 : 3030962253
Total Pages : 449 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Monetary and Financial Systems in Africa by : Aloysius Ajab Amin

Download or read book Monetary and Financial Systems in Africa written by Aloysius Ajab Amin and published by Springer Nature. This book was released on 2022-05-26 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of the monetary and financial systems seen in Africa. The issues related to these systems are examined to help evaluate their effectiveness in fostering the development of African economies. Economic integration is extensively discussed to highlight variations between different parts of Africa and the specific challenges seen within certain regions. The impact of monetary unions, in particular the CFA franc zone, on economic activities is also explored. This book aims to outline how sustainable development can be achieved in Africa through well-developed financial and monetary institutions and policies. It will be relevant to students, academics and policy makers interested in African and development economics.

The Quest for Regional Integration in the East African Community

Author : Mr.Paulo Drummond
Publisher : International Monetary Fund
ISBN 13 : 1484364414
Total Pages : 308 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Quest for Regional Integration in the East African Community by : Mr.Paulo Drummond

Download or read book The Quest for Regional Integration in the East African Community written by Mr.Paulo Drummond and published by International Monetary Fund. This book was released on 2015-01-12 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries are making significant progress toward financial integration, including harmonization of supervisory arrangements and practices and the modernization of monetary policy frameworks. This book focuses on regional integration in the EAC and argues that the establishment of a time table for the eliminating the sensitive-products list and establishing a supranational legal framework for resolving trade disputes are important reforms that should foster regional integration.

Economic Integration and Development in Africa

Author : Henry Kyambalesa
Publisher : Ashgate Publishing, Ltd.
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Integration and Development in Africa by : Henry Kyambalesa

Download or read book Economic Integration and Development in Africa written by Henry Kyambalesa and published by Ashgate Publishing, Ltd.. This book was released on 2006 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debates over what African economic integration and development actually entails continue across international economic organizations, national governments and NGOs. Looking closely at these processes, this book combines theory with application, enumerating the imperatives and initiatives governments will be forced to confront and provides insights for policy makers, inter-governmental organizations and educators and students in African development.

The East African Community

Author : Ms.Catherine McAuliffe
Publisher : International Monetary Fund
ISBN 13 : 1475586310
Total Pages : 55 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The East African Community by : Ms.Catherine McAuliffe

Download or read book The East African Community written by Ms.Catherine McAuliffe and published by International Monetary Fund. This book was released on 2012-11-14 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out.

Economic Integration in Africa

Author : Peter Robson
Publisher :
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.:/5 (42 download)

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Book Synopsis Economic Integration in Africa by : Peter Robson

Download or read book Economic Integration in Africa written by Peter Robson and published by . This book was released on 1968 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Development in Africa Report 2021

Author : UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT.
Publisher :
ISBN 13 : 9789211130041
Total Pages : 220 pages
Book Rating : 4.1/5 (3 download)

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Book Synopsis Economic Development in Africa Report 2021 by : UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT.

Download or read book Economic Development in Africa Report 2021 written by UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT. and published by . This book was released on 2022-01-07 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Continental Free Trade Area is expected to be a game changer for development ambitions in Africa.

Economic Integration in the Maghreb

Author : Mr.Alexei P Kireyev
Publisher : International Monetary Fund
ISBN 13 : 1484378377
Total Pages : 47 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Economic Integration in the Maghreb by : Mr.Alexei P Kireyev

Download or read book Economic Integration in the Maghreb written by Mr.Alexei P Kireyev and published by International Monetary Fund. This book was released on 2019-02-13 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.

Inclusive Growth and Development Issues in Eastern and Southern Africa

Author : Herman Musahara
Publisher : African Books Collective
ISBN 13 : 999445594X
Total Pages : 246 pages
Book Rating : 4.9/5 (944 download)

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Book Synopsis Inclusive Growth and Development Issues in Eastern and Southern Africa by : Herman Musahara

Download or read book Inclusive Growth and Development Issues in Eastern and Southern Africa written by Herman Musahara and published by African Books Collective. This book was released on 2016-06-13 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dictated by overall (economic, social, political, technological, etc) realities that unfold at different times, the growth and development dictums have been reshaped and reframed continually, in an effort to accommodate and respond to emerging issues. Within the overarching theme of sustainable development, human development and inclusive growth and development are, for example, among the recent focuses of the global and national development agenda. The backdrop to this is that as individuals, communities, and societies get richer, the worrying levels of inequalities, exclusion and disparities are becoming an area of concern, drawing the attention of governments, planners, civil societies, researchers and academia. An overarching current issue has been an appreciation of high economic growth in the last 10 years, but which is marred by pervasive levels of poverty and inequality. Indeed, Africa, through Agenda 2063, has acknowledged the need for inclusive and sustainable development, as is also the commitment of the Sustainable Development Goals (Agenda 2030) of the United Nations.Edited by Prof. Herman Musahara, this anthology entitled Inclusive Growth and Development Issues in Eastern and Southern Africa presents issues, challenges and progress in Rwanda, Mauritius, Ethiopia, South Africa, and Uganda. The issues covered include: trade; rural-urban linkages; the dynamics of poverty, vulnerability, and welfare; social policies for inclusive and sustainable development; productivity and informality; and financial direct support systems to the poor. The chapters are based on first-hand data, secondary data from different databases and systematic reviews of academic literature. Drawing on the findings and conclusions of the individual chapters, the book distills together the key lessons and also puts forth recommendations for policy and practice. As such, it is a good reading for researchers, policy and decision makers, academia and graduate students.

Explaining Foreign Policy in Post-Colonial Africa

Author : Stephen M. Magu
Publisher : Springer Nature
ISBN 13 : 3030629309
Total Pages : 359 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Explaining Foreign Policy in Post-Colonial Africa by : Stephen M. Magu

Download or read book Explaining Foreign Policy in Post-Colonial Africa written by Stephen M. Magu and published by Springer Nature. This book was released on 2021-01-02 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores foreign policy developments in post-colonial Africa. A continental foreign policy is a tenuous proposition, yet new African states emerged out of armed resistance and advocacy from regional allies such as the Bandung Conference and the League of Arab States. Ghana was the first Sub-Saharan African country to gain independence in 1957. Fourteen more countries gained independence in 1960 alone, and by May 1963, when the Organisation of African Unity (OAU) was formed, 30 countries were independent. An early OAU committee was the African Liberation Committee (ALC), tasked to work in the Frontline States (FLS) to support independence in Southern Africa. Pan-Africanists, in alliance with Brazzaville, Casablanca and Monrovia groups, approached continental unity differently, and regionalism continued to be a major feature. Africa’s challenges were often magnified by the capitalist-democratic versus communist-socialist bloc rivalry, but through Africa’s use and leveraging of IGOs – the UN, UNDP, UNECA, GATT, NIEO and others – to advance development, the formation of the African Economic Community, OAU’s evolution into the AU and other alliances belied collective actions, even as Africa implemented decisions that required cooperation: uti possidetis (maintaining colonial borders), containing secession, intra- and inter-state conflicts, rebellions and building RECs and a united Africa as envisioned by Pan Africanists worked better collectively.

A Century of East African Integration

Author : Claire A. Amuhaya
Publisher : Springer Nature
ISBN 13 : 3030967050
Total Pages : 273 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis A Century of East African Integration by : Claire A. Amuhaya

Download or read book A Century of East African Integration written by Claire A. Amuhaya and published by Springer Nature. This book was released on 2022-04-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive analysis of regional integration in East Africa in the last century, reflecting the general trends of integration processes in the East Africa sub-region with a focus on the East African Community. Particular attention is paid to the cyclicality of integration dynamics, as well as the analysis of the interconnection and competition between different regional organizations in East Africa. In this context, the specificity of the so-called overlapping membership of African states in regional organizations with similar roles but conflicting treaties and mandates is explored. This situation to a certain extent affects the relations of states in the region with external actors specifically trade negotiations with EU that the book comprehensively analyses. This book therefore offers a deeper understanding of the processes of regional integration in East Africa that had been missed before, which reflects the general integration dynamics on the African continent.

Determinants of Economic Growth in Africa

Author : Almas Heshmati
Publisher : Springer
ISBN 13 : 3319764934
Total Pages : 392 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Determinants of Economic Growth in Africa by : Almas Heshmati

Download or read book Determinants of Economic Growth in Africa written by Almas Heshmati and published by Springer. This book was released on 2018-05-16 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth.

Economic Growth and Development in Ethiopia

Author : Almas Heshmati
Publisher : Springer
ISBN 13 : 9811081263
Total Pages : 276 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Economic Growth and Development in Ethiopia by : Almas Heshmati

Download or read book Economic Growth and Development in Ethiopia written by Almas Heshmati and published by Springer. This book was released on 2018-04-27 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of selected empirical studies on determinants of economic growth and development in Ethiopia.The core argument for editing this book is to provide an up-to-date picture of the state and patterns of growth and development in Ethiopia. Ethiopia has been under focus in the past due to draughts, war, famine, development changes and the effects of global economic crisis in the country. A main contribution of this volume is that it helps identify selected important determinants of growth and development in Ethiopia and provides an estimation of their effects using up-to-date data, modelling and methods. Taken together the studies provide a comprehensive picture of the state of growth and development, their measurements, causal relationships and evaluation of efficient policies and practices in achieving progress in Ethiopia. The issues covered represent major challenges to the government and development organizations who are aiming at achieving higher growth and alleviating poverty in the country. The studies cover transition from rural agriculture to urban industry and the development of services.

Accelerated Economic Growth in West Africa

Author : Diery Seck
Publisher : Springer
ISBN 13 : 3319168266
Total Pages : 211 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Accelerated Economic Growth in West Africa by : Diery Seck

Download or read book Accelerated Economic Growth in West Africa written by Diery Seck and published by Springer. This book was released on 2015-07-07 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a detailed analysis of the causes of West Africa’s current economic high-growth episode and proposes ways to extend it sustainably. It examines the potential role of regional integration through the establishment of a common currency union and of other policy options that can enhance economic growth. The authors suggest appropriate methods of coordination between macroeconomic policy and industrialization to achieve higher economic growth and also examine why pro-poor strategies have not been successful. The book underscores the challenges and opportunities that will arise from the structural change to the region’s economies resulting from the necessary investment in manufacturing exports, ICT and infrastructure, which are key vehicles for extended growth. Readers will learn how the region can better reach its developmental goals by securing and perpetuating political liberty and transactional freedom for all its citizens.

Decolonisation of Higher Education in Africa

Author : Emnet Tadesse Woldegiorgis
Publisher : Routledge
ISBN 13 : 1000328562
Total Pages : 367 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Decolonisation of Higher Education in Africa by : Emnet Tadesse Woldegiorgis

Download or read book Decolonisation of Higher Education in Africa written by Emnet Tadesse Woldegiorgis and published by Routledge. This book was released on 2020-12-30 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the status and importance of decolonisation and indigenous knowledge in academic research, teaching, and learning programmes and beyond. Taking practical lessons from a range of institutions in Africa, the book argues that that local and global sciences are culturally equal and capable of synergistic complementarity and then integrates the concept of hybrid science into discourses on decolonisation. The chapters argue for a cross-cultural dialogue between different epistemic traditions and the accommodation 'Indigenous' knowledge systems in higher education. Bringing together critical scholars, teaching and administrating academics from different disciplines, the chapters provide alternative conceptual outlooks and practical case-based perspectives towards decolonised study environments. This book will be of interest to researchers of decolonisation, postcolonial studies, higher education studies, political studies, African studies, and philosophy.

The Monetary Geography of Africa

Author : Paul R. Masson
Publisher : Rowman & Littlefield
ISBN 13 : 9780815797531
Total Pages : 248 pages
Book Rating : 4.7/5 (975 download)

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Book Synopsis The Monetary Geography of Africa by : Paul R. Masson

Download or read book The Monetary Geography of Africa written by Paul R. Masson and published by Rowman & Littlefield. This book was released on 2004-11-30 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower transaction costs, increased stability, and greater insulation of central banks from pressures to provide monetary financing. Disadvantages relate to asymmetries among countries, especially in their terms of trade and in the degree of fiscal discipline. More disciplined countries will not want to form a union with countries whose excessive spending puts upward pressure on the central bank's monetary expansion. In T he Monetary Geography of Africa, Paul Masson and Catherine Pattillo review the history of monetary arrangements on the continent and analyze the current situation and prospects for further integration. They apply lessons from both experience and theory that lead to a number of conclusions. To begin with, West Africa faces a major problem because Nigeria has both asymmetric terms of trade—it is a large oil exporter while its potential partners are oil importers—and most important, large fiscal imbalances. Secondly, a monetary union among all eastern or southern African countries seems infeasible at this stage, since a number of countries suffer from the effects of civil conflicts and drought and are far from achieving the macroeconomic stability of South Africa. Lastly, the plan by Kenya, Tanzania, and Uganda to create a common currency seems to be generally compatible with other initiatives that could contribute to greater regional solidarity. However, economic gains would likely favor Kenya, which, unlike the other two countries, has substantial exports to its neighbors, and this may constrain the political will needed to proceed. A more promising strategy for monetary integration would be to build on existing monetary unions—the CFA franc zone in western and central Africa and the Common Monetary Area in southern Africa. Masson and Pattillo argue that the goal of a creating a single African currency is probably beyond reach. Economic realities suggest that grand new projects for African monetary unions are unlikely to be successful. More important for Africa's economic well-being will be to attack the more fundamental problems of corruption and governance.