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Flexible Regional Economic Integration in Africa - Lessons and Implications for the Multilateral Trading System (Hardcover)
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Flexible Regional Economic Integration in Africa - Lessons and Implications for the Multilateral Trading System (Hardcover)
Series: Studies in International Trade and Investment Law
Expected to ship within 9 - 17 working days
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This book examines the relationship between flexible regional
economic integration in the East African Community (EAC), through
its application of variable geometry, and the establishment of the
African Continental Free Trade Area (AfCFTA) as a continent-wide
form of integration. It uses a historical, political, legal and
economic analysis of the processes that led to the adoption of
flexible regional integration in Africa, with particular regard to
the EAC. This takes place in the inescapable context of
pan-Africanism, showing how regional integration efforts in Africa
are based on pan-Africanist ideals, and how an evolution of these
ideals has led to an evolution in the goals of integration. With
growing awareness of the weaknesses and impracticality of
consensus-based decision-making on a global level, it makes the
case for the pursuit of flexibility in multilateral trade, drawing
lessons from the experience of the AfCFTA and blocs in other
regions. This book is a historical evaluation of regional economic
integration efforts in Africa and it follows the path of attempts
to integrate the economies on the continent from colonial times to
the birth of the AfCFTA. While it is a study in law, it relies
heavily on politics, economics and history to weave together a more
complete theory of economic integration based on the African
experience. Flexible Regional Economic Integration in Africa was
awarded the 2020 SIEL-Hart Prize in International Economic Law.
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