Comesa and Sadc : Prospects and Challenges for Regional Trade Integration

Author/Editor:

Padamja Khandelwal

Publication Date:

December 1, 2004

Electronic Access:

Free Full Text (PDF file size is 1415 KB).Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

Regional integration has been seen in Africa as a means of encouraging trade and securing economies of scale. This paper examines in detail the prospects and challenges for trade expansion in the two most prominent arrangements in eastern and southern Africa: the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC). It finds that possibilities of growth in intraregional trade may be limited, but that the two arrangements offer opportunities for member countries to gain policy credibility for trade reforms and tariff liberalization and to address structural weaknesses. In this regard, the negotiation of the Economic Partnership Agreements with the European Union can also have a significant impact.

Series:

Working Paper No. 04/227

Subject:

English

Publication Date:

December 1, 2004

ISBN/ISSN:

9781451875447/1018-5941

Stock No:

WPIEA2272004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

43

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