SADC
PROSPECTS AND CHALLENGES OF SOUTHERN AFRICAN DEVELOPMENT COMMUNITY (SADC)
BEING AN
ASSIGNMENT
SUBMITTED BY
ADEBAYO TAIWO HASSAN
(POL/2009/005)
ON
POL 316(INTERNATIONAL ECONOOMIC RELATIONS)
TO
A. S OBIYAN Ph.D.
DEPARTMENT OF POLITICAL SCIENCE
OBAFEMI AWOLOWO UNIVERSITY ILE IFE ,NIGERIA.
NOVEMBER,2012.
TABLE OF CONTENTS
Introduction
Overview of SADC
Prospects
Challenges
Observations, Recommendations and Conclusion.
REFERENCES.
1. INTRODUCTION
The Liberal tradition in International Economic Relations hypothesises that cooperation among states is possible and can spur growth, security and development and that international organizations help produce these. This view point is pertinent to regional intergovernmental organizations.
Consequently, regional integration has long been seen in Africa as a means of achieving industrialization and modernization through encouraging trans-border trade and security of economics of scale and market access. As a result, regional inter-governmental organizations have sprung up all over Africa (Aryectey, 1997) which however have done little to halt the marginalisation of Africa in World trade. Africa’s share of World trade in goods and services dropped from more than 5% in 1980 to around 2% in 2003 (IMF, 2004). One of these Africa’s regional IGOs is Southern Africa Development Community (SADC), a 14-member organisation whose market has grown from a population of 60million in 1980 to over 228million in 2005 Padamja Khandelwa (2005).
In its almost 32years of existence. SADC has made tremendous achievements in a number of areas of regional cooperation and integration notably, governance, democracy, peace, security, infrastructure, finance trade, agriculture, investment, social and human development yet it also has a long way to go in order to emerge as an effective and competitive player in international relations and world markets. This work will
BEING AN
ASSIGNMENT
SUBMITTED BY
ADEBAYO TAIWO HASSAN
(POL/2009/005)
ON
POL 316(INTERNATIONAL ECONOOMIC RELATIONS)
TO
A. S OBIYAN Ph.D.
DEPARTMENT OF POLITICAL SCIENCE
OBAFEMI AWOLOWO UNIVERSITY ILE IFE ,NIGERIA.
NOVEMBER,2012.
TABLE OF CONTENTS
Introduction
Overview of SADC
Prospects
Challenges
Observations, Recommendations and Conclusion.
REFERENCES.
1. INTRODUCTION
The Liberal tradition in International Economic Relations hypothesises that cooperation among states is possible and can spur growth, security and development and that international organizations help produce these. This view point is pertinent to regional intergovernmental organizations.
Consequently, regional integration has long been seen in Africa as a means of achieving industrialization and modernization through encouraging trans-border trade and security of economics of scale and market access. As a result, regional inter-governmental organizations have sprung up all over Africa (Aryectey, 1997) which however have done little to halt the marginalisation of Africa in World trade. Africa’s share of World trade in goods and services dropped from more than 5% in 1980 to around 2% in 2003 (IMF, 2004). One of these Africa’s regional IGOs is Southern Africa Development Community (SADC), a 14-member organisation whose market has grown from a population of 60million in 1980 to over 228million in 2005 Padamja Khandelwa (2005).
In its almost 32years of existence. SADC has made tremendous achievements in a number of areas of regional cooperation and integration notably, governance, democracy, peace, security, infrastructure, finance trade, agriculture, investment, social and human development yet it also has a long way to go in order to emerge as an effective and competitive player in international relations and world markets. This work will
References: Alexandraki K. and H.L ewis ,2004, ‘’ Estimating the Impact of Preference of Erosion on Middle East countries’’ IMF Working Paper 04/169, Washington. Aryeetey ,1997, ‘’Sub Saharan African Experiences with Regional Integration’’ in Trade and Reform and Regional Integration in Africa eds. Iqbal and M. Khan, Washington European Union,2003, Draft Report on the all ACP-EC Phase of EPAs Negotiations, Brussels Flatters F,2002, ‘’SADC Rules of Origin: Undermining Regional Free Trade’’ Restructuring SADC: Progress and Problems , Chr MICHELSEN Institute. SADC Official on Trade Investment and Integration 1997-2005 SADC : Prospect and challenges of Regional Integration,2010, Padamja khandeiwal, IMF working paper WP/04/227