Effect on Regional integration on Inter-regional Trade in Africa

Effect on Regional integration on Inter-regional Trade in Africa

Kossi AYENAGBO1, Badoubatoba Mathieu DISSANI2

1Faculty of Economics and Management, University of Kara, Togo.
2School of Economics, Capital University of Economics and Business, China, 100026.

Regional integration offers participating countries advantages including the enlargement of the economic space, increased efficiency and the development of interregional trade. In the African regional communities, these assets are slow to emerge because of insufficient progress in the implementation of protocols, lack of economic diversification and various supply-side constraints. Moreover, Africa’s ability to participate fully in world trade is currently hampered by weaknesses in private investment inflows, commodity dependence, non-existent or poorly developed infrastructure, and small regional markets

Keywords: Regional integration; Trade; Efficiency; Economic Development; Africa

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Kossi AYENAGBO, Badoubatoba Mathieu DISSANI. Effect on Regional integration on Inter-regional Trade in Africa. Global journal of Economics and Business Administration, 2021; 6:35. DOI:10.28933/gjeba-2021-01-2805

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