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Challenges to African regional Integration in the Global economy: implications for Ethiopia

Abstract: 

This paper reviews some concepts and policy issues related to the challenges and opportunities for African integration and development with a focus on Ethiopia. The central thesis of the paper is that Ethiopia and other African states need to overcome internal structural challenges to development and integration as they try to pursue intra-African economic and political integration. The study discusses some concepts and policy issues of economic development and globalization, and provides an overview of regional economic integration experiences in Africa. An empirical analysis of the determinants of Ethiopia's trade link with other African countries is also presented as a case study. The results of this analysis show that the standard gravity model performs poorly to explain Ethiopia's imports and exports. However, political, institutional, policy and infrastructure indicators significantly affect Ethiopia's bilateral trade with other African economies

Corporate Author: 
Alemayehu Seyoum(Editor) & Ethiopian Economic Association/Ethiopian Economic Policy Research Institute
Publisher: 
Ethiopian Economic Association (EEA)
Primary Descriptors: 

Africa-Foreign economic relations

Secondary Descriptor: 

Africa -Economic integration

Geographic Descriptors: 
Africa, Ethiopia
Cataloge Date: 
02/27/2013
Broad Subject heading: 
Regionalism
Call Number: 
330.963 PRO 2004
Serial Key Title: 
Proceedings of the First International Conference on the Ethiopian Economy
Publication catagory: 
Content type: 
Volume: 
II
Publication date: 
2013-05-27 23:04:00
Forum or Discussion date: 
2013-02-27 14:55:40
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Book
Current frequency: 
Annualy