Economic Cooperation in Africa: In Search of Direction
Regionalism, Ahmad Aly argues persuasively, is the most appropriate strategy for the achievement of autonomous, self-sustained development in Africa. Aly traces the causes of the failure thus far of attempts at economic cooperation in the continent, citing in particular the adoption of inappropriate integration schemes, the multiplicity of overlapping arrangements, the dominance of politics, and, most fundamentally, the widening gap between aspirations and reality. After assessing the...
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Regionalism, Ahmad Aly argues persuasively, is the most appropriate strategy for the achievement of autonomous, self-sustained development in Africa. Aly traces the causes of the failure thus far of attempts at economic cooperation in the continent, citing in particular the adoption of inappropriate integration schemes, the multiplicity of overlapping arrangements, the dominance of politics, and, most fundamentally, the widening gap between aspirations and reality. After assessing the performance of the major cooperation and integration efforts, he proposes a three-stage scenario for gradual change. Eschewing wishful thinking and quick fixes, Aly's analysis draws on both sound economic theory and his own direct experience to fashion a workable response to the demands of Africa's current economic problems. Booknews Aly (economics, Al-Azhar U., Cairo) examines past experiences and future prospects for regional cooperation among African countries. He describes the relevant history of the past three decades and recounts cooperative initiatives on the regional and subregional level, and seeks to explain the failure of these initiatives. He discusses problems such as the dominance of multinationals, and reviews recent initiatives such as the LPA and the SADCC, suggesting a three-stage scenario for gradual change. Annotation c. Book News, Inc., Portland, OR (booknews.com)
List of TablesForewordPreface1Introduction12Disorderly Move93Reaping the Whirlwind234Purposeless Strategy355Imprudent Administration656Reorientation Attempts757A Proposed Way Forward91List of Acronyms129Bibliography133Index139About the Book and Author145
\ BooknewsAly (economics, Al-Azhar U., Cairo) examines past experiences and future prospects for regional cooperation among African countries. He describes the relevant history of the past three decades and recounts cooperative initiatives on the regional and subregional level, and seeks to explain the failure of these initiatives. He discusses problems such as the dominance of multinationals, and reviews recent initiatives such as the LPA and the SADCC, suggesting a three-stage scenario for gradual change. Annotation c. Book News, Inc., Portland, OR (booknews.com)\ \
