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Regional integration arrangements in Africa: Is large membership the way forward?

Published on August 27, 2015

Regional integration and cooperation is the way forward in Africa as there are many regional externalities that can only be addressed through regional cooperation. Regional integration is also good politics as trade-creating exchange increases the opportunity cost of conflict. The Tripartite FTA (TFTA) and the proposed Continental FTA (CFTA) are the latest African initiatives towards regional cooperation. To succeed, these have to confront a very uneven distribution of resources that have sharpened the trade-off between the benefits of common policies needed to tackle cross-border externalities and their costs which are heightened by the sharp differences in policy preferences across members. Abandoning the linear model of integration and integrating in small groups should help. Read more. Source | Brookings