Economic development through regional trade [electronic resource] : a role for the new East African community? /
Kimbugwe, Kato.author.
Perdikis, Nicholas.author.
Yeung, May T.author.
Kerr, William A.author.
Post-colonial Africa is littered with regional trade agreements that amounted to little more than a photo opportunity for the leaders that signed them. This book explores conventional explanations for past failures and posits a new theory rooted in the symbiotic relationship between authoritarian politics and crony-capitalism.
Description based upon print version of record.
Cover; Half-Title; Title; Copyright; Dedication; Contents; List of Tables; List of Figures; List of Abbreviations; Preface; 1 'Big Men' and Little Trade; 1.1 Big Men and trade agreements; 1.2 Thwarting trade liberalization; 2 Regional Trade and Economic Development; 2.1 What is regional integration?; 2.2 Growth of regionalism; 2.3 Background to the theory of regional integration; 2.4 The theory of competitive advantage; 3 Regional Integration in Africa; 3.1 Introduction; 3.2 Historical perspective of regionalism in Africa; 3.3 Regional assessment of competitiveness in Africa
3.4 Competitiveness in East Africa3.5 Previous studies on the EAC; 3.6 Regional integration in East Africa; 3.7 Conclusion; 4 Regional Integration Theory; 4.1 Introduction; 4.2 Evolution of regional integration theory; 4.3 Static theory of integration: Viner's contribution; 4.4 Theory of 'second best' and Meade's contribution; 4.5 Dynamic theory of integration; 4.6 Deep integration; 4.7 Developmental regionalism; 4.8 Extension of the theory within the NTB context; 4.9 Integration and barrier effects of a customs union; 4.10 Conclusion; 5 East African Firms' Perceptions of NTBs
5.1 Introduction5.2 Survey sample and response rates; 5.3 The respondents; 5.4 Survey results; 5.5 NTB incidence, level and effects; 5.6 Information asymmetry as a barrier; 5.7 Market access and awareness; 5.8 The cost effects of barrier removal; 5.9 Revenue effect of barrier removal; 5.10 Level of optimism regarding the benefits of a re-invigorated EAC; 5.11 Firms' strategies in adapting to NTB removal; 5.12 Analysis of the survey results; 5.13 Importance of information asymmetry; 5.14 Cost reduction; 5.15 Effects on sales and revenue; 5.16 Opportunities and risks in the EAC
5.17 Strategic direction5.18 Conclusion; 6 Quantifying NTBs; 6.1 Introduction; 6.2 Review of the effects of barrier removal; 6.3 Cost effects of barrier removal from the perceptions survey; 6.4 Results of cost effects from the survey; 6.5 Results of partial equilibrium analysis; 6.6 The impact of barrier removal on Uganda; 6.7 The impact of barrier removal at the EAC level; 6.8 Impact of barrier removal on external trade (RoW); 6.9 Analysis of results; 6.10 Conclusion; 7 Quantifying Tariff Barriers; 7.1 Introduction; 7.2 Overview; 7.3 Uganda's tariff structure, 1997-2005
7.4 Trade in Category B products7.5 Quantitative results; 7.6 Effects at sub-sector and product level; 7.7 Analysis of results; 7.8 Conclusion; 8 Conclusion; 8.1 Introduction; 8.2 Empirical findings; 8.3 Theoretical implications; 8.4 Policy implications and recommendations; 8.5 The perils of ignoring the symbiotic relationship between Big Men and their cronies; Appendix: The Survey Instrument; Notes; References; Index
Includes bibliographical references and index.
Post-colonial Africa is littered with regional trade agreements that amounted to little more than a photo opportunity for the leaders that signed them. This book explores conventional explanations for past failures and posits a new theory rooted in the symbiotic relationship between authoritarian politics and crony-capitalism.
Development economics.
Regional economics.
Economic policy.
Macroeconomics.
Economic growth.
Trade.
Development Economics.
Regional/Spatial Science.
Economic Policy.
Macroeconomics/Monetary Economics//Financial Economics.
Economic Growth.
Trade.