The Political Economy of Regionalism in Sourthern Africa

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Author: Margaret C. Lee

ISBN-10: 1588262243

ISBN-13: 9781588262240

Category: International Economics

The Political Economy of Regionalism in Southern Africa examines the challenges to regionalism in Southern Africa. It tackles the issues of political and economic instability, overlapping membership in regional economic organisations, increased intra-regional trade through the creation of free trade agreements, the ability to secure needed foreign investment and the failure of governments to make a political commitment to regionalism.

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Lee (African studies, Georgetown U.) describes the development of the various regional institutions of Southern Africa and assesses their impact on the region. A large part of the work concentrates on the origins and operations of the Southern African Development Community (SADC). She looks at political and economic complications facing regionalism within the context of the world economy. The roles of the World Trade Organization and the European Union (SADC's largest trading partner) are explored. In a final chapter she calls for less of an insistence on market integration and more attention to national development strategies. Co-published with the University of Cape Town. Annotation ©2004 Book News, Inc., Portland, OR

ForewordPreface and AcknowledgmentsAcronyms and AbbreviationsIntroduction11Africa and the Political Economy of Regionalism72From Coordination Conference to Development Community443Overview of Southern African Trade Relations734Free Trade Agreement1095Investment1446Further Marginalisation or Integration?1757The European Union and Southern Africa1928The Way Forward235Bibliography246App. 1Direction of Trade Tables269App. 2Informal Trade Tables277App. 3SADC Trade Offers280App. 4Currency Conversion Table283App. 5Potential for Increased Trade Between SACU and the SADC 7284App. 6Individuals Interviewed for the Study288Index292