Comesa and Sadc: Prospects and Challenges for Regional Trade Integration

43 Pages Posted: 9 Feb 2006

See all articles by Padamja Khandelwal

Padamja Khandelwal

International Monetary Fund (IMF) - Policy Development and Review Department

Date Written: December 2004

Abstract

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.

Keywords: COMESA, SADC, Regional Integration, Economic Partnership Agreements

JEL Classification: F15, R58

Suggested Citation

Khandelwal, Padamja, Comesa and Sadc: Prospects and Challenges for Regional Trade Integration (December 2004). IMF Working Paper No. 04/227, Available at SSRN: https://ssrn.com/abstract=879052

Padamja Khandelwal (Contact Author)

International Monetary Fund (IMF) - Policy Development and Review Department ( email )

700 19th St. NW
Washington, DC 20431
United States

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