The ongoing process of economic integration in Europe and beyond has already led to profound changes that are likely to manifest themselves further. Within Europe, formerly centrally planned economies have joined the European Union (EU) with the intention to ultimately introduce the common currency. On a more global scale, marginalised farmers in developing countries seek to become integrated in the world trading system to lift themselves out of poverty. However, issues surrounding economic inequalities are no longer exclusively confined to emerging economies. Indeed, awareness of income inequalities and their impact on the domestic economy is increasing among industrialised nations. This dissertation seeks to contribute to these topical debates in the form of three self-contained essays. The first essay is concerned with monetary integration in Europe. More specifically, we consider the EU member countries from Central and Eastern Europe (CEE) that seek to adopt the euro in the foreseeable future. Our analysis is based on a global VAR (GVAR) model to investigate to what extent central banks in CEE follow the European Central Bank’s lead. We look in another core chapter at the economic implications of the Fair Trade (FT) movement. This is a fairly novel topic to the economics profession and we thus aim to provide intuitive insights. One of the key elements of our trade model is that FT generates and hinges upon economic inequalities. We combine these two aspects in the third core chapter. In particular, we analyse how monetary policy operates in an environment which is characterised by wage inequalities using a New Keynesian model that features heterogeneous labour. The third essay is motivated by the case of the United States, where, similar to many European countries, there is strong empirical evidence for rising internal economic divergence. Overall, the thesis not only combines and investigates topical issues, it moreover does so employing various techniques with the intention to also make contributions on the methodological level. We conclude the monograph by highlighting policy implications and by providing directions for future research.
Item Type: | Thesis (PhD) |
Qualification Level: | Doctoral |
Keywords: | Macroeconomics, European integration, economic inequalities, German Dominance Hypothesis, Fair Trade, monetary policy |
Subjects: | > > > |
Colleges/Schools: | > > |
Supervisor's Name: | MacDonald, Professor Ronald and Leith, Professor Campbell |
Date of Award: | 2012 |
Depositing User: | |
Unique ID: | glathesis:2012-3403 |
Copyright: | Copyright of this thesis is held by the author. |
Date Deposited: | 29 May 2012 |
Last Modified: | 10 Dec 2012 14:06 |
URI: | |
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ASEAN Economic Integration: Features, Fulfillments, Failures and the Future
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This paper introduces the Association of Southeast Asian Nations (ASEAN) and traces its evolution focusing on programs for economic integration. It also evaluates past performance and, based on this, examines prospects for the future.
- http://hdl.handle.net/11540/1581
The 10-member Association of Southeast Asian Nations, ASEAN, is arguably the most durable and successful regional grouping in the developing world. Established in 1967, it has contributed greatly to regional harmony and prosperity. ASEAN is characterized by great internal diversity, generally high economic growth, and a reluctance to establish a strong supranational structure. Beginning in 1976—with its five original members—ASEAN began to move toward economic cooperation and integration, initially with a focus on merchandise trade. In the 1990s, it added focus on services, investment, and labor. And in the past decade—now including all of Southeast Asia—ASEAN broadened cooperation on macroeconomic and financial issues, many of these together with its Northeast Asian neighbors—the "Plus 3" of the People's Republic of China, Japan, and the Republic of Korea. Members adopted what may appear to be formal preferential trade arrangements. But in practice these are usually multilateralized. ASEAN informally embraces what is sometimes termed "open regionalism." However, there is little likelihood in the foreseeable future that this will evolve into a deep EU-style economic integration behind a common external trade regime, despite a commitment to forming an ASEAN Economic Community beginning 2015.
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The Impact of Regional Integration on Economic Growth and Development: A Case Study of the East African Community(EAC), 2001-2010
2011, M.A. Thesis
This study addresses the efficacy of the East African regional integration process with regard to the realization of the economic growth and development of East African member states under the auspices of the EAC. The major postulation is that regional integration leads to economic growth and development. It focuses on the main aspects of the integration that is the economic growth and development, trade and investment. The four stages of the EAC integration and in particular the customs union and common market which have since come into effect are discussed in detail. It addresses the key findings from the study and presents the key recommendations on how obstacles to the integration process can be overcome. This is generally applicable to other regional integration schemes particularly in Africa. The delicate question of the possibility of selected member states deriving more benefit from the integration is addressed. The study also addresses the theoretical aspects of regional integration and heavily borrows from the functionalism theory and the customs union theory. With regard to key recommendations, the issues of the need for civic education for citizens n the partner states, the need for effective monitoring and evaluation of the progress in the integration process are addressed. The findings also push for the need for greater stakeholder involvement to attain effective policy harmonization and coordination. The need for more focused studies on other aspects of the integration has also been pointed out.
Related Papers
iraduha immaculee
University of RWANDA
Homeinny Mirage RUGIRA
The eastern African community (EAC) is one of the pre-colonial regional economic communities (RECs) in Africa with regional integration. However, the integration process achieved less than desired as witnessed by the collapse of the previous EAC in 1977. This study looks at Impact of East Africa Community on Rwandan economy both Opportunities and Challenges. Regarding the integration member of the Eastern African Community and Rwanda. This research critically examined the position of the East African Community in the Rwandan economy and the impact of economic integration in the Eastern African region by first analyzing the background of the inclusion system, its achievements and weaknesses, and recognizing the difficulties of the present phase of EAC economic integration. In addition, there is an absence of political engagement between member nations. The organizations of the East African Community are fragile, lacking the ability to impose sanctions against member nations that continue to implement contracts. The application method of the representatives of these organizations is not voluntary because they are handpicked by partner countries in the lack of the opinions of people. The choice method of the representatives of these organizations is not universal as they are handpicked by partner countries in the lack of individuals ' opinions. Lastly, the issues of non-trade barriers (NTBs), poor infrastructure and limited private sector involvement are an obstacle to the economic growth of the region. These problems appear to have made building a successful integration process a daunting task for the EAC despite its perceived importance in the increasingly globalized world. Despite the extensive attempts of African nations to create national trading blocs, current African Regional Economic communities (RECs) have struggled to attain their objectives of poverty reduction and economic development. This article examined Africa’s regional integration, with specific emphasis on the East African Community. The hypotheses were formulated to guide the analysis, make the research relevant and understandable, using the secondary information from various books, reports and internet to provide adequate information. To reach on the point, these problems, despite their perceived importance in the increasingly globalized world, seem to have made building a successful integration process a daunting task for EAC. Partner states must therefore take integration not only as a Pan-African ideology, but also more importantly as a strategy for economic survival.
Brian Cooksey
This (rather long) paper employs a modified ECDPM political economy methodology to investigate various aspects of EAC integration, and constraints thereon, viewed from a Tanzanian perspective.
Craig Mathieson
This study presents a political economy analysis of the East African Community (EAC), focusing on what drives and constrains this regional organisation in promoting economic integration. In particular it looks at transport infrastructure, and at trade policy monitoring, particularly the system for monitoring regional integration implementation. The report is part of a broader study that also includes the African Union and four other Regional Economic Communities in Africa. With contributions from Brian Cooksey, San Bilal and Jehanzeb Khan
Beyendeza Henry
Cooperation of East African States has spread over a century and has undergone various hurdles. This study examined the role of public diplomacy in achievement of the East African federation. The East African federation has been desired since the 1950s but has not come to reality. The study mapped the trends of EAC integration processes focusing on the critical milestones, benefits and challenges. It established people’s level of awareness and attitudes about the federation process. The study explored public diplomacy strategies and tools to achieve East African federation. The principal hypothesis of the study was that public diplomacy could play a leading role towards supporting and facilitating the East African integration processes that will finally culminate into a political federation. The study combined both secondary and primary sources of data and information to realize its objectives. Secondary sources were books, academic journals, working papers, reports, draft proposals, concept papers, newspapers, treaties and manuals from the EAC and civil society and internet publications plus public data from organizational web pages. Primary data was collected using key informant interviews with purposively selected experts, scholars, students, businesspersons, opinion leaders and other East African Community stakeholders. This research work was presented in five chapters; introduction, literature review and methodology, presentation, interpretation and analysis of data, and conclusion and recommendation of findings. A list of references consulted, study tools, a work plan and budget are attached as well. Ultimately the work encompassed the procedure and means of conducting research that rich in subject matter according to its desired objectives.
Journal of Advance Public Policy and International Affairs (JAPPIA)
Card Publication
In 1999, Kenya, Uganda and Tanzania revived the defunct East Africa Community (EAC) slightly over twenty years after its collapse .This was to some extent motivated by the example of the European Union (EU) where smaller economies band together to fortify their position in the global economy. In the year 2007 Rwanda and Burundi were formally admitted to the community. There was a lot of optimism that the new found and expanded community will eventually deliver fruits to its membership. To some extent the fruits were forthcoming but were hobbled by many constraints in institutional capacities as member countries protected their own interest and often vested interests of specific groups and players. Although Rwanda a new comer appears to be active, the older and founding member Tanzania seem to be reluctant. Many Tanzanians are convinced that their country will be taken advantage of in the proposed integration matrix. At the two-week session of the East Africa Legislative Assembly (EALA) in December 2008, Tanzania expressed objections to the purchase of land by foreigners, arguing that the other EAC members should instead consider the Tanzanian model of public land ownership, and also argued agai nst the use of an East African passport. These and other sentiments expressed by it are the concerns of this study. It is also indicated that suspicion and trepidation in the EAC traces its root to colonial times and the federation project was its agenda. The question then is why does Tanzania harbor trepidation and suspicion towards some propositions of the EAC integration? This study is an attempt to interrogate the dilemmas faced by Tanzania towards the EAC agenda, examine the achievements, prospects and benefits accrued by Tanzania by virtue of its membership to the EAC and evaluate the fears brought forth by Tanzania’s public and the government. The study also attempted to highlight the recent contentious issues that need to be resolved and recommend measures that Tanzania can take in order to convert the EAC agenda for its domestic development and assume a position of economic powerhouse and a leader in east and central African region. In order to accomplish the objectives of the study; a wide range of interconnected methods of data collection were employed in the hope that a better fix on historical facts were achieved. In that case this study adopted a historical research design. Information was gleaned by consulting newspapers, published books, EALA documents, research papers, commentaries, reports and articles on EAC. It was found out that some fears and trepidation displayed by Tanzania were genuine while others were not. Other members were also guilty of the same. Tanzania has a comparative advantage compared to other members in myriad of areas. If the country wholly exploits its membership, it will be the leading beneficiary in the long run of the EAC integration project.
Christina Kamili , Prof. G.S Namusonge
Christina Kamili
The study was conducted for the purposes of examining the factors that affect economic integration in the East African Community (EAC). Specific objectives included assessing the effect of leadership on economic integration, determining the effect of lack of political will on economic integration, evaluating the effect of coalition of the willing on economic integration and assessing the effect of sensitization on economic integration in East Africa Community. It was conducted in Arusha Region, the headquarters of EAC in Tanzania. The units of analysis were EAC secretariat and others stakeholders attending different meetings and forums at the EAC headquarters. Data were collected using a structured questionnaire covering respondents from all five EAC. A total of 89 respondents were obtained though stratification based on country of origin and departments, and later randomly selected from each stratum for interviews. Data was analyzed using SPSS. The finding revealed that the economic integration in EAC is impinged by factors within the EAC structure. Leaders at the EAC were found to have adequate capacity and skills to foster economic integration (51.5%). On the other hand, it was realized that most articles in the Treaty established EAC are not effectively being adhered to. There is no free movement of people, goods and services in EAC (74%). Weaknesses within EAC structure affecting economic integration were found to be un harmonized presidential electoral systems, state leaders not firm enough to follow up on the implementation protocol agreements, un harmonized policies, lack of trust among EAC people, different economic setups and fear of losing sovereignty in respective states. None tariff barriers and lack of free movement of people, goods and services in relation to customs and immigrations complications, high taxes and difference currency values were found to be the main impediments in trade across EAC borders. Likewise, the creation of the coalition of the willing was found to have negative impact on the economic integration. It is recommended that more sensitization be done at grass root levels in each partner state on economic integration. EAC leadership at state level and secretariat should revise, monitor and evaluate the implementation of agreements geared towards economic integrations at all levels. Likewise, EAC leadership in each member state need strengthen internal sources of funds so as to fully support EAC with own budget. There is also great need to harmonize the country policies and strategies and legal framework in line with EAC strategies.
Asherry B P Magalla
"If a door is shut, attempts should be made to open it; if it is ajar, it should be pushed until it is wide open. In neither case should the door be blown up at the expense of those inside." The above quotation was made by the Late Father of Our Nation, Mwalimu Julius Kambarage Nyerere (from his Stability and Change in Africa speech given to the University of Toronto, Canada, 2 October 1969), which in one way or another it entails the importance of opening up the doors (political and socio-economic) in Africa particularly in East African Countries by any possible means so as to develop the social, political and economic strength of the region. In order for the East Africa Community to exist effectively these doors must be completely opened in order to allow those obstacles which prohibit other from developing such as trade barriers and other to vanish. The paper covers the historical background of the Community on the aspect of its legal institutions and various challenges and opportunities which the lawyers are facing in the Community. For the purpose of this paper, the term, ‘Community’ means The East African Community and the term ‘Treaty’, means the East Africa Community Treaty of 1999.
james kissa
A satisfactory recovery of the effect of EAC on Uganda’s agricultural exports will remain sensitive and important as long as the three major impediments continue to hold. First, poor infrastructure and non-functioning institutions (ministries attached i.e. of trade and agriculture).Second, non-tariff obstacles and professional/technical personnel’s at point of entry and exit to member countries. Thirdly, conceptualizing the deep integration issue and curbing the problems that result to political economy failure. Due to this, continuous debates have come up urging out whether regional integration really affects exports of African countries in a positive way. This is because Africans do fear programs/projects being empowered by our former colonial rulers with a fear to exploit us again. The goal of this paper is therefore to examine the effect of EAC on Uganda’s agricultural exports. The trends and patterns are viewed using the data of exports when Uganda is in EAC. The paper used descriptive concepts and gravity model to ascertain the variation between the types of agricultural exports. Gravity model ascertained whether Uganda’s trading with EAC member countries does affect non – EAC member countries exports. Secondary data was analyzed using excel and stata. It was found out that there is a significant variation between the types of agricultural exports being exported with traditional exports being exported more than non- traditional exports. Uganda agricultural exports are largely exported to non-EAC member countries and Uganda being a member of EAC does not affect the pattern of her exports to non EAC member countries. Based on the findings it is recommended that EAC integration and established of functioning independent institution and political economy of regionalism in E.AC are the fundamental objectives for the country to export more agricultural products to achieve economic growth thus economic development. Keywords: east African community, Uganda’s agricultural exports, traditional exports, non-traditional exports, non-east African community trading partners.
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Nuwagaba, Alex
The impact of East Africa economic integration on bilateral trade in East Africa: Uganda as the case study
Publication.
East African Community (EAC) is a regional integration comprising of Kenya, Uganda, Tanzania, Rwanda, Burundi, and South Sudan. This study examines the impact of EAC economic integration (one of the pillars) on bilateral trade among its members with key focus on Uganda as case study. This research used Descriptive Statistics Methodology using secondary data with time series data for the years 1967 to 2020. The analysis is divided into two, the period before and after Integration. There has been an argument that some countries have benefited more than others, or the achievements have been misrepresented by politicians, or some are losers and winners, hence I chose to analyse this using Uganda as my case study. The findings show that the EAC economic integration has resulted to positive impact on trade among and within its members through expansion of exports worth USD 14B within which 22.4% exports are associated to intra-EAC trade, thus the economy recording an annual average rate of 6.5% in-crease. Subsequently, trade within and among EAC has increased due to harmonization and reduction of tariff barriers from 26.1% in 1994 to 9.2% in 2011. The regional competition continues to register increment after the integration as the economic growth of 6.5% is the best in Sub-Saharan Africa. The GDP-trade share has increased also with imports rising from 21% in 2000 to 28% in 2015 while exports came from 13% to 18% in the same period. Uganda is the greatest beneficiary of the integration with trade effects of 3.4% totalling $1241600 with a record increase of 26% exports between 2001 and 2009 and imports doubling from USD 288b to USD 547B in the same period. Therefore, EAC economic integration has a positive influence on bilateral trade within and among its member states.
Additional Metadata |
Keywords | East African Community, economic integration, bilateral trade, non-tariff barriers, trade creation, trade diversion, Customs Union, Common-Market, Uganda |
Thesis Advisor | Bergeijk, Peter A.G. van |
Persistent URL | |
Series | |
Organisation | |
Citation | . . Retrieved from http://hdl.handle.net/2105/55992 |
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Since free world trade is not a realistic possibility, economic integration is seen as a move towards free trade, despite criticisms from some quarters. ... Yale Economic Essays, vol.9, pp. 201 ...
Department of Public Policy and Economic History Doctoral Programme in Economic Integration. by Mubinzhon Abduvaliev Habibjonovich Supervised by Ricardo Bustillo Mesanza UNIVERSITY OF THE BASQUE COUNTRY UPV/EHU . Ph.D. THESIS . The role of economic integration on the growth of the Tajik economy . Bilbao, Spain, 2020 (c)2021 MUBINZHON ABDUVALIEV
In the SADC free trade zone, trade integration leads to a. statistically significant negative effect on economic growth, but their. economic magnitudes are small. Specifically, in Table 4 (columns (1) and (2)), a one percent increase in trade integration in the SADC zone. leads to a 0.001 decrease in real GDP growth.
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Essays on Economic Integration (Essays over economische integratie) Thesis to obtain the degree of Doctor from the Erasmus U niversity Rotterdam by command of the Rector M agniflcus P rof.dr. S.W .J. L amberts and in accordance with the decision of the Doctoral Board. The public defence shall be held on Friday, 1 December 2006 at 09:00 hrs by
Chapter Three: Benefits and Challenges of Regional Economic Integration 38 3.1 Introduction 38 3.2 Theoretical welfare effects of Regional Economic Integration 39 3.2.1 Static Effects 40 3.2.2 Dynamic Effects of Regional Economic Integration 43
The Theory of Economic Integration. B. Balassa. Published 1 June 1962. Economics. 1. Introduction Part 1: The Statics of Economic Integration 2. Commodity Movements: Production Aspects 3. Commodity Movements: Consumption and Welfare Aspects 4. Factor Movements Part 2: The Dynamics of Economic Integration 5.
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles. Consult the top 50 dissertations / theses for your research on the topic 'Economic integration.'. Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the ...
Regional Integration and Economic Growth. Athanasios Vamvakidis. The rapid economic growth of developing countries that opened their markets to free international trade during the past two decades has stimulated a large empirical and theoretical literature on the impact of trade on growth. This literature concludes that free trade and growth ...
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The economic integration process of the European Union. The ongoing process of internationalization and globalization have led to a genuinely borderless world economy with a strong regional focus. This paper examines the European Union and to what extent this region is economically integrated over the years spanning from 1982-2006, by mapping ...
While regional integration could promote economic growth and reduce revenue disparities by the channel of bilateral trade flows among member countries, African regional economic communities (RECs) are poorly integrated, with low intra-regional trade flows despite the efforts of several years of economic integration.
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Economic Integration among Developing Countries. Reprinted from the Journal of Common Market Studies 14 (September 1975) The World Bank Catalog lists all publications of the World Bank and is avail-able without charge to individuals and institutions having a serious interest in economic and social development.
Economic integration of the East African community. ... The thesis undertakes both theoretical and empirical analyses to examine the trade and welfare effects of the EAC. It is comprised of five main chapters. Chapter 1 surveys the academic literature on the welfare effects of PTAs and presents the aims and objectives of this thesis.
Economic integration theory goes through two development stages ... Being a part of the theoretical chapter of my PhD thesis "Regional economic inte-gration in Africa" the current paper is in its essence a survey of the literature on eco-nomic integration theories. As such it does not have the ambition to be a complete
The ongoing process of economic integration in Europe and beyond has already led to profound changes that are likely to manifest themselves further. Within Europe, formerly centrally planned economies have joined the European Union (EU) with the intention to ultimately introduce the common currency. On a more global scale, marginalised farmers in developing countries seek to become integrated ...
The economic integration: concept and end of process. Liviu C. Andrei. National School of Political Studies. and Public Administration (NSPSPA), Bucharest. Abstract. A crisis that is currently ...
The 10-member Association of Southeast Asian Nations, ASEAN, is arguably the most durable and successful regional grouping in the developing world. Established in 1967, it has contributed greatly to regional harmony and prosperity. ASEAN is characterized by great internal diversity, generally high economic growth, and a reluctance to establish ...
2011, M.A. Thesis. This study addresses the efficacy of the East African regional integration process with regard to the realization of the economic growth and development of East African member states under the auspices of the EAC. ... Weaknesses within EAC structure affecting economic integration were found to be un harmonized presidential ...
THE DYNAMICS OF ECONOMIC INTEGRATION. AL FRONTIERS AND ECONOMIC GROWTH 101Gr. wth Models and Technological Change. Views on the Interre. ationship of Market Size and Growth. Market Size and Productivity: Conceptual Problems. , Productivity Levels and Market Size. The Market-Size Hypoth. sis: Criticism and Further Evidence. Large-Scale Economies.
Uganda is the greatest beneficiary of the integration with trade effects of 3.4% totalling $1241600 with a record increase of 26% exports between 2001 and 2009 and imports doubling from USD 288b to USD 547B in the same period. Therefore, EAC economic integration has a positive influence on bilateral trade within and among its member states.
Since its introduction in the early 1960s, the GMT has become a powerful tool for describing international trade. Several factors explain its enduring popularity: the intuition behind the GMT is simple yet exhibits high explanatory power; most of the empirical evidence supports the basic GTM approach;