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

Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa PDF Author: Almas Heshmati
Publisher: Springer
ISBN: 3319304321
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
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.

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

Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa PDF Author: Almas Heshmati
Publisher: Springer
ISBN: 3319304321
Category : Business & Economics
Languages : en
Pages : 238

Get Book Here

Book Description
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

The East African Community PDF Author: Ms.Catherine McAuliffe
Publisher: International Monetary Fund
ISBN: 1475586310
Category : Business & Economics
Languages : en
Pages : 55

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Book Description
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.

Inclusive Growth and Development Issues in Eastern and Southern Africa

Inclusive Growth and Development Issues in Eastern and Southern Africa PDF Author: Herman Musahara
Publisher: African Books Collective
ISBN: 999445594X
Category : Social Science
Languages : en
Pages : 246

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Book Description
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

Explaining Foreign Policy in Post-Colonial Africa PDF Author: Stephen M. Magu
Publisher: Springer Nature
ISBN: 3030629309
Category : Political Science
Languages : en
Pages : 359

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Book Description
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.

Economic Integration in the Maghreb

Economic Integration in the Maghreb PDF Author: Mr.Alexei P Kireyev
Publisher: International Monetary Fund
ISBN: 1484378377
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
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.

Determinants of Economic Growth in Africa

Determinants of Economic Growth in Africa PDF Author: Almas Heshmati
Publisher: Springer
ISBN: 3319764934
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
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.

A Century of East African Integration

A Century of East African Integration PDF Author: Claire A. Amuhaya
Publisher: Springer Nature
ISBN: 3030967050
Category : Political Science
Languages : en
Pages : 273

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Book Description
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.

Economic Growth and Development in Ethiopia

Economic Growth and Development in Ethiopia PDF Author: Almas Heshmati
Publisher: Springer
ISBN: 9811081263
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
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.

Digital Economy. Emerging Technologies and Business Innovation

Digital Economy. Emerging Technologies and Business Innovation PDF Author: Mohamed Anis Bach Tobji
Publisher: Springer Nature
ISBN: 3031763653
Category :
Languages : en
Pages : 416

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Book Description


Economic Development in Africa Report 2021

Economic Development in Africa Report 2021 PDF Author: UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT.
Publisher:
ISBN: 9789211130041
Category :
Languages : en
Pages : 220

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Book Description
The African Continental Free Trade Area is expected to be a game changer for development ambitions in Africa.