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Regional Economic Integration in West Africa

Part of the Advances in African Economic, Social and Political Development Book Series

Editors: Seck, Diery

DOI: 10.1007/978-3-319-01282-7

ISBN: 978-3-319-01281-0

Publisher: Springer International Publishing - Springer Journals

Oct 18, 2013

1 - 10 of 10 Chapters

LitStream

The Impact of the Global Financial Crisis on Arab States and Sub-Saharan Africa: An Agenda for Growth-Inducing Collaboration

Seck, Diery; Gaye, Amie

Pages: 3 –28

[The recent global financial crisis has generated considerable adverse economic repercussions around the world. It has also resulted in acute awareness of the variability of key economic indicators whose correlation with economic growth and population welfare underscores the need to manage risk...
LitStream

Policy Recipe for Fostering Regional Integration Through Infrastructure Development and Coordination in West Africa

Deen-Swarray, Mariama; Adekunle, Bamidele; Odularu, Gbadebo

Pages: 29 –56

[Regional integration is vital for the building of markets, the creation of robust and diverse economies as well as increasing opportunities for growth and attracting investment finance. It is the outcome of cooperative arrangement and processes, the implementation of intergovernmental treaties...
LitStream

Policy Coordination Framework for the Proposed Monetary Union in ECOWAS

Ekpo, Akpan H.; Udoh, Elijah

Pages: 59 –77

[There is no doubt that regional economic integration and eventual monetary union would be generally beneficial to the economies of West Africa. Each country in the sub-region conceptualizes and implements its own monetary, fiscal and exchange rate policies, among others. There have been attempts...
LitStream

Do African Monetary Arrangements Make Sense? Evidence Based on Structural Symmetry

Kemegue, Francis M.; Seck, Ousmane

Pages: 79 –100

[Complete monetary unification in Africa is theoretically supported by the possibility of ex-post endogeneity of meeting optimum currency areas(OCA)criteria. Such endogeneity, if true, should already be reflected in decades-old existing African monetary unions, created without members meeting OCA...
LitStream

Real Exchange Rate Volatility and Export Performance in the West African Monetary Zone (WAMZ)

Tarawalie, Abu Bakarr; Ahortor, Christian Regobeth K.; Umo, Marshall

Pages: 101 –135

[The aim of this paper is to empirically investigate the impact of exchange-rate volatility on export performance in the WAMZ (the WAMZ countries include The Gambia, Ghana, Guinea, Liberia, Nigeria and Sierra Leone) countries using quarterly data for the period 1990–2010. The paper utilizes the...
LitStream

Tax Effort in ECOWAS Countries

Ndiaye, Mohamed Ben Omar; Korsu, Robert Dauda

Pages: 137 –158

[Tax revenue mobilization is essential in the fiscal operations of every economy. The Economic Community of West African States (ECOWAS) therefore has a criterion on tax revenue under the convergence criteria of the ECOWAS Monetary Cooperation Programme (EMCP), which states that tax ratio (as a...
LitStream

Heterogeneity of Saving-Investment Causality in Waemu Zone and Fiscal Coordination Implication

Nguena, Christian Lambert

Pages: 159 –178

[Monetary unions are characterized by contemporary institutional arrangements that entrust monetary policy to a supranational entity while fiscal policies are framed by rules imposed on the budget deficit. Limits on public deficits are usually justified by the idea that government deficits reduce...
LitStream

Determinants of a Successful Regional Trade Agreement in West Africa

Olofin, Sam; Salisu, Afees; Ademuyiwa, Idris; Owuru, Joel

Pages: 181 –211

[In this paper, we evaluate the determinants of effectiveness of the Economic Community of West African States (ECOWAS) at promoting regional trade in West Africa between 1995 and 2010. We employ the modified gravity model (GM) that allows for the inclusion of country specific and country-pair...
LitStream

Regional Integration: Comparison Between SADC and ECOWAS

Fall, Falilou; Vachon, Blandine; Winckler, Cosimo

Pages: 213 –252

[As the priority over regional integration in Africa is gaining a political momentum, this paper draws an overview on commercial regional integration over the past 15 years in two Regional Economic Communities (REC), ECOWAS and SADC. Since WAEMU is part of ECOWAS, we distinguish their respective...
LitStream

Terrorism and Regional Integration in Sub-Saharan Africa: The Case of the CFA Franc Zone

Elu, Juliet U.; Price, Gregory N.

Pages: 253 –267

[To the extent that regional currency integration changes the cost of imported inputs used in the production of terror, it can change the supply of terror produced by rational terrorists. In this paper, we appeal to a theory of rational terrorism where a country’s membership in a regional...

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