Editors:
- The Euro crisis recently experienced by European countries has demonstrated the importance of the convergence criteria for regional integration
- African countries increasingly recognize that regional integration can play an important role in poverty reduction
- Examines how the efforts towards regional integration can influence poverty reduction in the economic and monetary community?
- Includes supplementary material: sn.pub/extras
Part of the book series: Insight and Innovation in International Development (IIID, volume 4)
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Table of contents (15 chapters)
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Front Matter
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Economic Convergence and Fighting Poverty
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Front Matter
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Economic convergence and fighting poverty
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Regional Financing Instruments and Fighting Poverty
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Front Matter
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Regional financing instruments and fighting poverty
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Back Matter
About this book
Could regional integration be a first step toward joining the global market? In a context where liberalizing trade has not produced the expected gains in developing countries and growth in global trade has not led to the expected economic growth, an alternative solution has emerged. This new paradigm suggests that trade liberalization should be accompanied by public investment. However, by its very nature, trade liberalization leads to a reduction in revenues from duties and taxes, which means that the available resources for public investments will also be reduced. There are now solid arguments for encouraging the less-developed countries to first emphasize regional integration before trying to access the global market.
This book explores the issues linked to regional integration in West Africa and presents empirical data about the experiences in = West African Economic and Monetary Union (WAEMU) countries to converge their economies. It also examines how these efforts, which make a major contribution to regional integration, influence poverty reduction in the economic and monetary community. It will be of interest to researchers working in this area.
Elias T. Ayuk is Director of the United Nations University Institute for Natural Resources in Africa in Accra, Ghana, and was formerly a senior program specialist at the International Development Research Centre. Samuel T. Kaboré is a researcher/lecturer at the Faculty of Economics and Management at the University of Ouagadougou II, BurkinaFaso.
Canada’s International Development Research Centre (IDRC) supports research in developing countries to promote growth and development. IDRC also encourages sharing this knowledge with policymakers, other researchers, and communities around the world. The result is innovative, lasting local solutions that aim to bring choice and change to those who need it most.
Elias T. Ayuk is Director of the United Nations University Institute for Natural Resources in Africa in Accra, Ghana, and was formerly a senior program specialist at the International Development Research Centre. Samuel T. Kaboré is a researcher/lecturer at the Faculty of Economics and Management at the University of Ouagadougou II, Burkina Faso.
Canada’s International Development Research Centre (IDRC) supports research in developing countries to promote growth and development. IDRC also encourages sharing this knowledge with policymakers, other researchers, and communities around the world. The result is innovative, lasting local solutions that aim to bring choice and change to those who need it most.
Editors and Affiliations
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United Nations University’s Institute fo, Accra, Ghana
Elias T. Ayuk
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University of Ouagadougou, Ouagadougou, Burkina Faso
Samuel T. Kaboré
Bibliographic Information
Book Title: Wealth through Integration
Book Subtitle: Regional Integration and Poverty-Reduction Strategies in West Africa
Editors: Elias T. Ayuk, Samuel T. Kaboré
Series Title: Insight and Innovation in International Development
DOI: https://doi.org/10.1007/978-1-4614-4415-2
Publisher: Springer New York, NY
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: International Development Research Centre 2013
Hardcover ISBN: 978-1-4614-4414-5
Softcover ISBN: 978-1-4614-4889-1
eBook ISBN: 978-1-4614-4415-2
Edition Number: 1
Number of Pages: XXIV, 297
Number of Illustrations: 12 b/w illustrations, 21 illustrations in colour
Topics: Development Economics, Economic Growth, Economic Policy