The External Sector of Africa's Economy

• Corporate Author: SpringerLink (Online service)
• Other Authors: Seck, Diery (Editor, http://id.loc.gov/vocabulary/relators/edt)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
• Edition: 1st ed. 2019.
• Series: Advances in African Economic, Social and Political Development,
• Subjects: Development economics.; Africa-Economic conditions.; International economics.; Regional economics.; Spatial economics.; International business enterprises.; Development Economics.; African Economics.; International Economics.; Regional/Spatial Science.; African Business.

The book examines various aspects of Africa's external economy by focusing on regional monetary arrangements and how they are affected by devaluation episodes. It investigates the relationship between current account balances, trade balances and trade openness with respect to regional integrati...

Table of Contents:

• Part 1: Introducing Regional Integration.-The Economic Value of Regional Integration in Africa
• Current Account Im(balances) and Adjustments to Targets for Regional Integration in West Africa: One Step Forward, Two Steps Backwards
• Obstacles to Strengthening Economic Integration in the West African Economic and Monetary Union
• Part 2: External Trade
• Growing External Trade, Development and Structural Heterogeneity in West Africa: Examining the Evidence
• Driving Factors of Intra-regional Trade in Agricultural Goods: The Case of West African Economic and Monetary Union
• Trade Openness and Food Security in Africa: A Comparative Study of CEMAC and WAEMU Countries
• Trade in Services for Growth and Structural Transformation in West Africa
• Part 3: Macroeconomics and Political Economy
• Macroeconomic Effects of Commodity Price Shocks on ECOWAS Members
• Is Currency Devaluation Appropriate for Improving Trade Balance in the WAMZ Countries?
• The ECOWAS-EU Economic Partnership Agreement: Towards Inclusive Development?