Regional trade integration in eastern and southern Africa
Regional integration is often seen as a powerful development strategy that provides a large parallel market for the development of new industries and minimizes external shocks through increased national income and bargaining power (Balassa 1961). At regional and subregional levels, economic cooperat...
| Main Authors: | , |
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| Format: | Book Chapter |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2019
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/106904 |
| _version_ | 1855515030521380864 |
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| author | Makochekanwa, A. Matchaya, Greenwell C. |
| author_browse | Makochekanwa, A. Matchaya, Greenwell C. |
| author_facet | Makochekanwa, A. Matchaya, Greenwell C. |
| author_sort | Makochekanwa, A. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Regional integration is often seen as a powerful development strategy that provides a large parallel market for the development of new industries and minimizes external shocks through increased national income and bargaining power (Balassa 1961). At regional and subregional levels, economic cooperation has been one of the fundamental policy options for many developing countries in the last three decades (Jones 2002). There is consensus among policymakers, researchers, and political leaders that Africa could develop faster through regional integration. The United Nations Economic Commission for Africa (UNECA 2017) has suggested that regional integration and trading blocs are critical for African nations to achieve sustainable development and increase their participation in the global economy. In addition, UNECA has asserted that regional integration promotes economic growth and industrialization through fostering intraregional trade, infrastructure, and investment (McCarthy 1996). Cooperation of countries provides a huge market for new industrial development which reduces external vulnerability through increasing bargaining power and, in turn, improves standards of living. Regional trade cooperation of countries is regarded by UNECA as a key strategy to confront globalization challenges. |
| format | Book Chapter |
| id | CGSpace106904 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2019 |
| publishDateRange | 2019 |
| publishDateSort | 2019 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1069042025-12-08T10:11:39Z Regional trade integration in eastern and southern Africa Makochekanwa, A. Matchaya, Greenwell C. imports exports trade production possibilities Regional integration is often seen as a powerful development strategy that provides a large parallel market for the development of new industries and minimizes external shocks through increased national income and bargaining power (Balassa 1961). At regional and subregional levels, economic cooperation has been one of the fundamental policy options for many developing countries in the last three decades (Jones 2002). There is consensus among policymakers, researchers, and political leaders that Africa could develop faster through regional integration. The United Nations Economic Commission for Africa (UNECA 2017) has suggested that regional integration and trading blocs are critical for African nations to achieve sustainable development and increase their participation in the global economy. In addition, UNECA has asserted that regional integration promotes economic growth and industrialization through fostering intraregional trade, infrastructure, and investment (McCarthy 1996). Cooperation of countries provides a huge market for new industrial development which reduces external vulnerability through increasing bargaining power and, in turn, improves standards of living. Regional trade cooperation of countries is regarded by UNECA as a key strategy to confront globalization challenges. 2019 2020-02-05T08:24:05Z 2020-02-05T08:24:05Z Book Chapter https://hdl.handle.net/10568/106904 en Open Access application/pdf International Food Policy Research Institute Makochekanwa, A.; Matchaya, Greenwell. 2019. Regional trade integration in eastern and southern Africa. In Bouet, A.; Odjo, S. P. (Eds.). Africa agriculture trade monitor 2019. Washington, DC, USA: International Food Policy Research Institute (IFPRI). pp.134-179. https://doi.org/10.2499/9780896296909_06 |
| spellingShingle | imports exports trade production possibilities Makochekanwa, A. Matchaya, Greenwell C. Regional trade integration in eastern and southern Africa |
| title | Regional trade integration in eastern and southern Africa |
| title_full | Regional trade integration in eastern and southern Africa |
| title_fullStr | Regional trade integration in eastern and southern Africa |
| title_full_unstemmed | Regional trade integration in eastern and southern Africa |
| title_short | Regional trade integration in eastern and southern Africa |
| title_sort | regional trade integration in eastern and southern africa |
| topic | imports exports trade production possibilities |
| url | https://hdl.handle.net/10568/106904 |
| work_keys_str_mv | AT makochekanwaa regionaltradeintegrationineasternandsouthernafrica AT matchayagreenwellc regionaltradeintegrationineasternandsouthernafrica |