Introduction: Africa and the World of Regionalism: Old and New

S. K. B. Asante
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S. K. B. Asante: Economic Commission for Africa

Chapter 1 in Regionalism and Africa’s Development, 1997, pp 1-13 from Palgrave Macmillan

Abstract: Abstract Regional integration is not new. It has been a continuing part of the post-World War II trade landscape. Recently, however, interest in regionalism has revived in both developed and developing countries. Existing arrangements have been, or are being, extended in their coverage; old arrangements are being revived; and new regional groupings are being formed. The three distinctive features of this trend are: the ‘conversion’ of the United States to the regional approach; the emergence of regional arrangements among industrial and developing countries; and an apparent move away from inward-oriented towards more outward-oriented arrangements among developing countries, particularly in the Western Hemisphere. In developing countries, these developments are being accompanied in many cases by unilateral trade liberalization.

Keywords: Regional Integration; Economic Integration; North American Free Trade Agreement; European Economic Community; Uruguay Round (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25779-9_1

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DOI: 10.1007/978-1-349-25779-9_1

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