The primary concern of African Economic Community (AEC) as an arm of African Union (AU) is to coordinate the activities of various regional economic groups in Africa, and ultimately guides them to a single market and possibly continent-wide economic and monetary union. But under AEC watch the regional economic organizations have proliferated and steadily fractionalized or decimated into several strands of subgroups, thus, leading to overlapping or multiple memberships of African states in the regional economic communities (RECs). The principal findings of this study, therefore, are that the regional economic integration in Africa has been seriously undermined by (i) overlapping memberships (ii) numerous subgroupings, and (iii) proliferation of regional economic blocs. Thus, raising doubt on the ability of AEC realizing its stated goals.
The primary concern of African Economic Community (AEC) as an arm of African Union (AU) is to coordinate the activities of various regional economic groups in Africa, and ultimately guides them to a single market and possibly continent-wide economic and monetary union. But under AEC watch the reg...
مادة فرعية