Seminar paper from the year 2003 in the subject Business economics - Economic Policy, grade: A, ESCP Europe, language: English, abstract: Development in Africa has been an issue for many years now. Since the independence of most of the states in the 1960's, the western countries have tried to help the so- called third world countries to develop their economies and thus to lift their population out of poverty. The efforts were conducted through direct intervention or through the non-governmental organisation like the IMF or the UN. Despite decades of commitment and billion dollar efforts, most of Africa remains in a poor status with nearly half of its population living on less than one dollar per day. Since its independence regional frameworks have existed but only obtained little attention from international as well as from national side. But with the failure of most programmes and the ever growing stronger trend to regional trade agreements throughout the whole world, the frameworks in Africa have moved in the centre of attention. International organisations promote the further integration of these; national governments put the frameworks on the top of their agendas. The aim of this project is to show the possible influence of regional cooperation frameworks in the development process of the countries in the West-African region. The analysis was focused on two existent regional frameworks, the Economic Community of West African States (ECOWAS) and the West African Economic and Monetary Union (WAEMU). During the analysis, the nature of the ECOWAS and the WAEMU is to be identified as well as possible differences in their approach of the regional development. The question that will be asked are how the influence of the unions exactly looks like, which effects this has on the members, how the unions evolved over the time and how they plan to develop in the future.

This book contains a collection of papers that examine the failure of regional integration and co-operation to date in west Africa and that explore some of the options for the revitalization of such initiatives. The papers are arranged in three categories: strategic visions and prospects for regional integration and co-operation; economic perspectives; and political dimensions. Specific topics include the role of the Economic Community of West African States; theoretical models and approaches to regional integration; the role of community building in regional integration; partnerships for innovation; national policies as impediments to economic integration; parallel trade as a form of economic subversion; lessons from the West African Monetary Union; human rights and integration; the regional dimension of environmental management; and power sharing at the regional level.

Seminar paper from the year 2003 in the subject Business economics - Economic Policy, grade: A, ESCP Europe, language: English, abstract: Development in Africa has been an issue for many years now. Since the independence of most of the states in the 1960’s, the western countries have tried to help the so- called third world countries to develop their economies and thus to lift their population out of poverty. The efforts were conducted through direct intervention or through the non-governmental organisation like the IMF or the UN. Despite decades of commitment and billion dollar efforts, most of Africa remains in a poor status with nearly half of its population living on less than one dollar per day. Since its independence regional frameworks have existed but only obtained little attention from international as well as from national side. But with the failure of most programmes and the ever growing stronger trend to regional trade agreements throughout the whole world, the frameworks in Africa have moved in the centre of attention. International organisations promote the further integration of these; national governments put the frameworks on the top of their agendas. The aim of this project is to show the possible influence of regional cooperation frameworks in the development process of the countries in the West-African region. The analysis was focused on two existent regional frameworks, the Economic Community of West African States (ECOWAS) and the West African Economic and Monetary Union (WAEMU). During the analysis, the nature of the ECOWAS and the WAEMU is to be identified as well as possible differences in their approach of the regional development. The question that will be asked are how the influence of the unions exactly looks like, which effects this has on the members, how the unions evolved over the time and how they plan to develop in the future.

" Assessing the potential benefits and risks of a currency union Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goal of achieving a monetary and currency union by late 2020. Although some progress has been made toward achieving this ambitious goal, major challenges remain if the region is to realize the necessary macroeconomic convergence and establish the required institutional framework in a relatively short period of time. The proposed union offers many potential benefits, especially for countries with historically high inflation rates and weak central banks. But, as implementation of the euro over the past two decades has shown, folding multiple currencies, representing disparate economies, into a common union comes with significant costs, along with operational challenges and transitional risks. All these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "

This book charts the history and contemporary landscape of African regionalism, investigating how regional cooperation can be used to help to tackle security and development challenges in Africa. Africa has a long tradition of regional cooperation, with the oldest trade and monetary integration schemes in the developing world, but its colonial period and partition of have caused lasting damage that still be seen in today’s African economies. Contemporary post-colonial African regionalism, deeply rooted in notions of pan-Africanism, has served as a means of collective self-reliance and economic transformation and development. This book starts with the history and theory behind African regionalism before discussing and comparing regional organisations such as the Economic Community of Central African States (ECCAS), the Economic Community of West African States (ECOWAS), the Community of Sahel-Saharan States (CEN-SAD), Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). Finally, the book considers how regional integration and cooperation can help to address security and development challenges. This ambitious and broad-ranging book will be a valuable resource for researchers working on African regionalism, security, African integration and development, and comparative regionalism. Policymakers should also consider it a useful guide to the background and contemporary landscape of African regionalism.

A critical appraisal of regionalism as a key strategy in Africa's development explaining the failures thus far of attempts at regional integration on the continent. This is the first text to highlight the main features of the new post-1990 regional initiatives such as the all-embracing African Economic Community and World Bank, IMF, African Development Bank, EC and French initiatives and the challenges to Africa from trading blocs elsewhere in the post-Uruguay Round environment.

Africa, which was not long ago discarded as a hopeless and irrelevant region, has become a new 'frontier' for global trade, investment and the conduct of international relations. This book surveys the socio-economic, intellectual and security related dimensions of African regionalisms since the turn of the 20th century. It argues that the continent deserves to be considered as a crucible for conceptualizing and contextualizing the ongoing influence of colonial policies, the emergence of specific integration and security cultures, the spread of cross-border regionalisation processes at the expense of region-building, the interplay between territory, space and trans-state networks, and the intrinsic ambivalence of global frontier narratives. This is emphasized through the identification of distinctive 'threads' of regionalism which, by focusing on genealogies, trajectories and ideals, transcend the binary divide between old and new regionalisms. In doing so, the book opens new perspectives not only on Africa in international relations, but also Africa’s own international relations. This text will be of key interest to students and scholars of African politics, African history, regionalism, comparative regionalism, and more broadly to international political economy, international relations and global and regional governance.