1945

The case for rationalization: The inefficiency and ineffectiveness of the regional economic communities

The rationalization of regional economic communities needs to be seen in the context of the Abuja Treaty’s objective of establishing an African Economic Community. The treaty divides the continent into five regions: North Africa, West Africa, Central Africa, East Africa, and Southern Africa. Regional economic communities encompassing these continental regions are expected to be federative poles of the future continental common market. The legitimacy and relevance of this choice are due to a combination of factors:

Related Subject(s): International Trade and Finance
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