 Economic Integration in Africa – Overview, Progress and ChallengesRevista de Economie Mondiala / The Journal of Global Economics, 2014, vol. 6, issue 1 Abstract: State and government leaders of the African Union are strongly committed to adopt and implement decisions for regional integration, seen as a common strategy for the development of the continent. The major objective at continental level is the establishment of the African Economic Community as the last of six consecutive stages of integration, including the strengthening of inter-sectoral cooperation and the establishment of regional free trade areas, monetary union, common market, monetary and economic union, covering the entire continent. Currently there are 16 Regional economic communities in Africa and 8 of them are officially recognized as the foundation for the development of the African economic community. In our paper we review their goals, their main achievements and issues and also the progress made in the integration process and the challenges it faces. Keywords: Economic integration; Regional economic communities; African economy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:6:y:2014:i:1:id:2822000009240015 Access Statistics for this article Revista de Economie Mondiala / The Journal of Global Economics is currently edited by Simona Moagar Poladian, PhD More articles in Revista de Economie Mondiala / The Journal of Global Economics from Institute for World Economy, Romanian Academy Contact information at EDIRC. |
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