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http://ssrn.com/abstract=2004929
 
 

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An Economic Integration Zone for the East African Community: Exploiting Regional Potential and Addressing Commitment Challenges


Anton Dobronogov


World Bank

Thomas Farole


World Bank

February 1, 2012

World Bank Policy Research Working Paper No. 5967

Abstract:     
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 takeadvantage 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.

Number of Pages in PDF File: 29

Keywords: Debt Markets, Emerging Markets, Economic Theory & Research, Banks & Banking Reform, Public Sector Economics

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Date posted: February 14, 2012  

Suggested Citation

Dobronogov, Anton and Farole, Thomas, An Economic Integration Zone for the East African Community: Exploiting Regional Potential and Addressing Commitment Challenges (February 1, 2012). World Bank Policy Research Working Paper No. 5967. Available at SSRN: http://ssrn.com/abstract=2004929

Contact Information

Anton Dobronogov (Contact Author)
World Bank ( email )
1818 H Street, N.W.
Washington, DC 20433
United States
HOME PAGE: http://www.worldbank.org
Thomas Farole
World Bank ( email )
1818 H Street, NW
Washington, DC 20433
United States
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