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Marketed By :  VDM Verlag Dr. Müller   Sold By :  Kamal Books International  
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  • Product Description

Economic Community of West African States (ECOWAS) seeks regional economic and monetary integration like the European Union (EU), but the success recorded so far has been insignificant. In this book, some of the pros and cons of the steps for a successful regional integration process are examined. The analysis shows that ECOWAS'' efforts under the OCA theory, namely the Mundell (labor mobility), Kenen (response to shocks) and MacKinnon (trade openness) criteria leaves more to be desired. Achievements under the political criteria of the OCA, particularly on solidarity with regional policies rather than national policies, can still be improved upon. Minimal possibilities of success were, however, recorded in the Maastricht criteria pertaining to price stability, durability and stability of convergence, while performance was below average in all areas of public finances. In order to achieve its aims, ECOWAS member-nations need to give regional initiatives, policies and programs precedence, create better awareness and ensure enhanced support by the citizens.

Product Specifications
SKU :COC47830
AuthorBabatunde Awoyiga
Number of Pages104
Publishing Year2010-02-01T00:00:00.000
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandVDM Verlag Dr. Müller
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-04-08 00:00:00