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Author: Eswar Prasad
Publisher: Brookings Institution Press
ISBN: 0815738544
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
" Assessing the potential benefits and risks of a currency union Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goal of achieving a monetary and currency union by late 2020. Although some progress has been made toward achieving this ambitious goal, major challenges remain if the region is to realize the necessary macroeconomic convergence and establish the required institutional framework in a relatively short period of time. The proposed union offers many potential benefits, especially for countries with historically high inflation rates and weak central banks. But, as implementation of the euro over the past two decades has shown, folding multiple currencies, representing disparate economies, into a common union comes with significant costs, along with operational challenges and transitional risks. All these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "
Author: Eswar Prasad
Publisher: Brookings Institution Press
ISBN: 0815738544
Category : Business & Economics
Languages : en
Pages : 203
Get Book Here
Book Description
" Assessing the potential benefits and risks of a currency union Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goal of achieving a monetary and currency union by late 2020. Although some progress has been made toward achieving this ambitious goal, major challenges remain if the region is to realize the necessary macroeconomic convergence and establish the required institutional framework in a relatively short period of time. The proposed union offers many potential benefits, especially for countries with historically high inflation rates and weak central banks. But, as implementation of the euro over the past two decades has shown, folding multiple currencies, representing disparate economies, into a common union comes with significant costs, along with operational challenges and transitional risks. All these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "
Author: Bruno Theodoro Luciano
Publisher: Routledge
ISBN: 1000426963
Category : Political Science
Languages : en
Pages : 220
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Book Description
This comparative book analyses the development of regional integration parliaments in three different continents of the world. It assesses and compares the expansion and current stage of institutional development of three regional assemblies – the European Parliament, the Pan-African Parliament and the Mercosur Parliament for Latin America. Looking in particular at parliamentary agency, it aims to answer why and to what extent, these regional parliaments have developed differently in terms of their functions and legislative competences? Drawing on new and original empirical data, official documents, and secondary literature, the book focuses on the "critical junctures" in the trajectory of the three assemblies and argues that parliamentary agency has impacted the institutional development of the parliaments leading to diverse paths of regional parliamentarisation. This book will be of key interest to scholars and students of global and regional governance, comparative regionalism, European Union studies, legislative studies and more broadly to international relations, history, law, political economy, and international organisations.
Author: Samuel Ojo Oloruntoba
Publisher: Springer
ISBN: 3319921800
Category : Political Science
Languages : en
Pages : 335
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Book Description
This edited volume discusses the role of innovation and regional integration in economic development in Africa. Over the past five decades, post-colonial African countries have struggled to break loose from the trap of poverty and underdevelopment through the adoption of various development strategies at regional, national, and continental levels. However, the results of both national and regional efforts at advancing development on the continent have been mixed. Although the importance of agglomeration and fusion of institutions have long been recognized as possible path to achieving economic development in Africa, the approach to regionalism has been unduly focused on market integration, while neglecting other dimensions such as social policy, mobility of labor, educational policy, biotechnology, regional legislation, manufacturing, innovation, and science and technology. This volume investigates the link between innovation, regional integration, and development in Africa, arguing that the immediate and long term development of Africa lies not just in the structural transformation of its economies but in the advancement of scientific and innovation capacities. The book is divided into four parts. Part I addresses the theoretical and conceptual underpinnings of innovation and regional integration in Africa. Part II presents case studies which examine how regional economic institutions are fostering innovation in Africa. Part III of the book deals with sectoral issues on innovation and integrated development in Africa. Part IV sets the future research on innovation, regional integration, and development in Africa. Combining theoretical analysis and a comparative, interdisciplinary approach, this volume is appropriate for researchers and students interested in economic development, political economy, African studies, international relations, agricultural science, and geography, as well as policymakers in regional economic communities and the African Union.
Author: Lagutina, Maria
Publisher: IGI Global
ISBN: 1799819523
Category : Business & Economics
Languages : en
Pages : 339
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Book Description
The integration of the Eurasian Economic Union has been under constant development as officials try to successfully implement new economic policies within its various regions. Introducing a new policy such as this creates the formation of new markets, the improvement of cooperation initiatives, as well as a new legislative base and supplementations. These continual alterations require updated analysis and research for political leaders to follow regarding provincial incorporation methods. Regional Integration and Future Cooperation Initiatives in the Eurasian Economic Union is an essential reference source that discusses the conceptual and empirical frameworks of the current phase of Eurasian integration as well as its economic impact. Featuring research on topics such as multilateral cooperation, free trade, and international views, this book is ideally designed for politicians, economists, strategists, public relations specialists, research scholars, policymakers, students, and academicians seeking coverage on regional integration issues in modern Eurasia.
Author: Sabine Saurugger
Publisher: Routledge
ISBN: 1317359658
Category : Political Science
Languages : en
Pages : 373
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Book Description
Comparative regional integration has met with increasing interest over the last twenty years with the emergence or reinforcing of new regional dynamics in the EU, NAFTA, MERCOSUR and ASEAN. This volume systematically and comparatively analyses the reasons for regional integration and stalemate in European, Latin American and Asian regional integration. It examines whether regional integration systems change in crisis periods, or more precisely in periods of economic crises, and why they change in different directions. Based on a neo-institutionalist research framework and rigorously comparative research design, the individual chapters analyse why financial and economic crises lead to more or less integrated systems and which factors lead to these institutional changes. Specifically it addresses institutional change in regional integration schemes, power relations between member states and the institutions in different policy domains, and change in individual or collective citizens’ attitudes towards regional integration. Adopting an actor-centred approach, the book highlights which regional integration schemes are influenced by economic and financial crises and how to explain this. This text will be of key interest to scholars, students and policy specialists in regional integration, European Politics, International Relations, and Latin American and Asian studies.
Author: Ariane Kösler
Publisher: Nomos Verlagsgesellschaft
ISBN: 9783832935030
Category : Europe
Languages : en
Pages : 0
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Book Description
The European Union might be the most prominent example of regional integration but it is by far not the only one. The importance of regional integration in Africa, Asia, Latin America, the Caribbean and even in the Pacific Islands region is constantly growing. All these regions aspire for more than pure economic cooperation. In addition to intensified economic cooperation, political, legal and cultural aspects are important factors as well that form a Mixtum Compositum of regional integration elements. The present volume discusses these different components of regional integration in theoretical perspective and in a policy-oriented approach. It contributes to comparative regional integration studies through theoretical analysis and case studies from different regions. Elements of Regional Integration presents the main features of regional integration in an interdisciplinary manner. It addresses scholars of political sciences, economics and law as well as students and is suited as accompanying material for courses.
Author: Mustapha Rouis
Publisher: World Bank Publications
ISBN: 082139729X
Category : Business & Economics
Languages : en
Pages : 209
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Book Description
This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.
Author: Satish Chand
Publisher: ANU E Press
ISBN: 192094253X
Category : Political Science
Languages : en
Pages : 280
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Book Description
Brings together experts from around the world to consider specific issues pertaining to regional integration and governance within small states. The authors collectively address the challenges posed to small states by the quickened pace of globalisation. The lessons learnt from the experiences of small states are then used to draw policy lessons for the Pacific island countries.
Author: Miroslav N. Jovanović
Publisher: Edward Elgar Publishing
ISBN: 1849806004
Category : Business & Economics
Languages : en
Pages : 617
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Book Description
'International Handbook on the Economics of Integration edited by Miroslav Jovanovi? provides timely and rich academic contributions to considerations of the widest array of integration-related issues. European integration has been providing an inspiration to a number of academics and researchers. the Handbook is a recognition of the dynamic and strong solidarity of European integration. At the same time, the European Union often provided an example for integration schemes throughout the world which spread enormously since the mid-1990s. Leading experts from all continents contributed to this Handbook which will be a valuable input into academic and policy-making discussions and actions.' - José Manuel Barroso, President of the European Commission
Author: Ram Upendra Das
Publisher: World Scientific
ISBN: 9814374601
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
The Asia-Pacific region has emerged as a dominant player in trade and will continue to be an influential component of world trade and economics. This book presents an informative outlook on the various regional and trade agreements (RTAs) and their beneficial effects on bilateral trade. In particular, the authors concentrate on India and China, the two major rising powers, and the impact of exchange of information and sharing of resources between these two countries in wide-ranging areas. It provides an incisive analysis and a roundup of all major RTAs and also presents an overview of all major agreements between the countries involved, which might propel their trade numbers and influence future economic engagements. The book also discusses possible obstacles that are encountered during the implementation of RTAs and circumvention routes that can be taken to ensure the successful execution of the agreements. International trade agreements, such as General Agreements on Trade and Tariffs, which have revolutionized the trade dynamics by opening up new areas of trade and formulating specific guidelines for the member countries to adhere to during trade negotiations, are discussed. The book also provides new insights into some of the issues under negotiation, such as sensitive lists, trade, investment cooperation, and trade in services. The existing economic cooperation arrangements in the region as well as those that are at various stages of study and negotiations, empirical insights and policy suggestions are elucidated in detail.
