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An Economic Integration Zone for the East African Community : Exploiting Regional Potential and Addressing Commitment Challenges / Anton Dobronogov
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Dobronogov, Anton
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Banks & Banking Reform.
- Charter city.
- Credible commitment.
- Debt Markets.
- East African Community.
- Economic integration.
- Economic Theory & Research.
- Emerging Markets.
- Macroeconomics and Economic Growth.
- Poverty Reduction.
- Public Sector Economics.
- Special economic zone.
- Local Subjects:
- Banks & Banking Reform.
- Charter city.
- Credible commitment.
- Debt Markets.
- East African Community.
- Economic integration.
- Economic Theory & Research.
- Emerging Markets.
- Macroeconomics and Economic Growth.
- Poverty Reduction.
- Public Sector Economics.
- Special economic zone.
- Physical Description:
- 1 online resource (29 pages)
- Other Title:
- Economic Integration Zone for the East African Community
- Economic Integration Zone for the East African Community : Exploiting Regional Potential and Addressing Commitment Challenges
- An Economic Integration Zone for the East African Community
- Place of Publication:
- Washington, D.C., The World Bank, 2012
- System Details:
- data file
- Summary:
- Integration in the East African Community offers significant opportunities not only to expand trade among member states, but more importantly to scale up regional production to take advantage of much larger global market opportunities. Special economic zones are a potentially valuable instrument to facilitate the integration of regional value chains in support of this scaling up. They also have the potential to deliver powerful demonstration effects on the benefits of integration and to help entrench the integration process. This paper discusses the proposal for developing an "economic integration zone" in the East African Community. The benefits of such a zone could be substantial, as would be the practical challenges to implementation-in particular the political economy challenges. However, a number of institutional and commercial solutions exist to address these challenges.
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