Африканската континентална зона за свободна търговия: защо Африка се връща към мултилатерализма
The African Continental Free Trade Area
Eduard Marinov
MPRA Paper from University Library of Munich, Germany
Abstract:
The Agreement establishing the African Continental Free Trade Area entered into force on 30 May 2019 and on 9 July all countries on the continent joined it. If the massive deal works as hoped, it will connect 1.3 Billion people, create a 3.4 Trillion USD economic bloc, and heat up commerce within the continent itself. The article aims at tracing the process of economic integration in Africa, discussing the rationale behind Africa’s current efforts to achieve multilateral trade liberalization, analyzing the main features and assessing the potential benefits of the implementation of the African Continental Free Trade Agreement.
Keywords: economic integration theory; developing countries integration; FTA; African economy (search for similar items in EconPapers)
JEL-codes: F10 F15 F53 O55 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:110919
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