The impact of the Maputo Development Corridor on freight flows: an initial investigation

Amanda Driver and Joao Gabriel de Barros ()
Additional contact information
Joao Gabriel de Barros: Botanical Society of South Africa (Amanda Driver)

Working Papers from University of Cape Town, Development Policy Research Unit

Abstract: The aim of this paper is to determine if macroeconomic policy convergence amongst member countries of the Southern African Development Community (SADC) is required for establishing and sustaining a free trade area (FTA). The paper also investigates whether a restraining mechanism is required in order to compel member countries to have compatible macroeconomic policies. The paper finds that macroeconomic policy convergence is not necessary for establishing an FTA, but is necessary for sustaining an FTA over time. The paper also finds that a credible collective agency of restraint against macroeconomic divergence must be created by SADC governments to ensure that SADC, as a free trade area is sustained.

Keywords: South Africa: freight flows; Maputo Development Corridor (search for similar items in EconPapers)
JEL-codes: A1 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2000-03
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Working Paper Series by the Development Policy Research Unit, March 2000, pages 1-33

Downloads: (external link)
http://hdl.handle.net/11427/7232 First version, 2000 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ctw:wpaper:00038

Access Statistics for this paper

More papers in Working Papers from University of Cape Town, Development Policy Research Unit Contact information at EDIRC.
Bibliographic data for series maintained by Waseema Petersen ( this e-mail address is bad, please contact ).