Download Legal Aspects of Economic Integration in Africa by Richard Frimpong Oppong PDF

  • admin
  • April 20, 2017
  • Comparative
  • Comments Off on Download Legal Aspects of Economic Integration in Africa by Richard Frimpong Oppong PDF

By Richard Frimpong Oppong

Richard Frimpong Oppong demanding situations the view that potent financial integration in Africa is hindered via merely socio-economic, political and infrastructural difficulties. encouraged via the comparative studies of different local fiscal groups and imbued with insights from constitutional, private and non-private foreign legislation, he argues that whether the socio-economic, political and infrastructural demanding situations have been to vanish, the country of current legislation could prevent any growth. utilizing a relational framework because the fulcrum of analyzes, he demonstrates that during Africa's fiscal integration tactics, community-state, inter-state and inter-community criminal relatives have neither been conscientiously suggestion via nor located on a great felony framework, and that makes an attempt made to supply criminal framework were incomplete and, occasionally, grounded on questionable assumptions. to beat those difficulties and reduction the industrial integration time table that's crucial for Africa's long term fiscal development and improvement, the writer proposes radical reforms to group and nationwide legislation.

Show description

Read Online or Download Legal Aspects of Economic Integration in Africa PDF

Best comparative books

Beating the bear: lessons from the 1929 crash applied to today's world

Two times within the final century the customarily stalwart financial system of usa has crumbled—first in 1929, while the inventory marketplace crash that ended in the nice melancholy hit, and back with the monetary industry meltdown of 2008-2009 that continues to be crippling a lot of the US. whereas it really is nonetheless too quickly to kingdom unequivocally how this most recent financial catastrophe took place, it truly is attainable to theorize that a lot of what has occurred might have been foreseen or even avoided—just because it might have been in 1929.

Additional info for Legal Aspects of Economic Integration in Africa

Sample text

All are active in the field of economic integration, envisage progress on the stages of economic integration and are indeed progressing on the stages, albeit at different paces. 2 Relational issues and Africa’s integration Relational issues are endemic in economic integration processes and they become more visible as the processes progress through the various stages of integration. Africans have had a long-standing commitment to economic integration. However, it appears that, against the background of the professed political enthusiasm to integrate, not much attention has been devoted to articulating the relational issues that bedevil Africa’s economic integration processes, the effect they have on the processes and how they should be approached or resolved.

X. 30 However, it was not until 1980 that a major continental step was taken towards economic integration. 31 At an extraordinary summit in 1980, the OAU adopted the Lagos Plan of Action, which culminated in the signing of the Treaty Establishing the African Economic Community (AEC Treaty). 33 The AEC’s objectives include the promotion of economic development and the integration of African economies to increase self-sufficiency, the promotion of endogenous and self-sustained development, and the fostering of the gradual establishment of the African Economic Community34 through coordination and harmonization among existing 28 29 32 33 34 Charter of the Organization of African Unity, 25 May 1963, 2 ILM 766 (hereafter, OAU Charter).

In recent times, and with the resurgence of ‘African consciousness’ – African renaissance – calls have been made for the transfer of sovereignty away from the state to regional and continental institutions. National separatism is being abandoned in favour of regional and continental integration. Through numerous treaties, African states have positioned themselves on a path to economic integration. The route is complex, tortuous and fraught with social, economic, political and legal challenges. The ultimate goal is to create an African Economic Community (AEC).

Download PDF sample

Rated 4.93 of 5 – based on 21 votes