The Logical Sequence of Regional Economic Integration

Helmut Asche ()
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Helmut Asche: Johannes Gutenberg University of Mainz

Chapter Chapter 2 in Regional Integration, Trade and Industry in Africa, 2021, pp 17-33 from Springer

Abstract: Abstract Globally, regional economic communities are classified in what is customarily called the linear model of integration. The question arises as to where African RECs stand on a stylized linear path of economic integration and to what extent this model can provide guidance for further integration steps. The factual nonlinearity of the ‘model’ is discussed and the ensuing challenges for economic integration are identified in terms of monetary unions, non-tariff measures/barriers (with a new typology) and harmonization of standards. In a final step, the ‘model’ itself is amended and critically discussed in the light of the question of whether a scheme largely inspired by the European experience can be followed in Africa.

Date: 2021
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DOI: 10.1007/978-3-030-75366-5_2

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