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The Resource Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa

Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa

Label
Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa
Title
Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa
Creator
Subject
Language
eng
Member of
Cataloging source
MiAaPQ
Literary form
non fiction
Nature of contents
dictionaries
Series statement
Advances in African Economic, Social and Political Development Ser
Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa
Label
Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa
Link
http://libproxy.rpi.edu/login?url=https://ebookcentral.proquest.com/lib/rpi/detail.action?docID=4517704
Publication
Copyright
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Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Acknowledgements -- Abbreviations -- Contents -- List of Contributors -- Introduction and Summary -- 1 Introduction -- 2 Summary of the Contributing Studies -- 2.1 Part I. Economic Integration and Its Trade Effects -- 2.2 Part II. Financial Sector Development and Common Currency -- 2.3 Part III. Research, Innovation and Knowledge and the Shadow Economy -- 2.4 Part IV. Inclusive and Sustainable Growth -- 2.5 Part V. Conflict-Growth Relationship and Reconstruction -- 3 Contributions and Policy Implications -- Part I: Economic Integration and Its Trade Effects -- Consequences of Economic Integration Initiatives in Africa: Trade in the IGAD Region -- 1 Introduction -- 2 IGAD Integration Initiative Against the Background of Other African Communities -- 3 Foreign Trade Changes in IGAD Member States: Selected Statistics -- 3.1 Trade Diversion and Trade Creation Effect -- 3.2 Trade Concentration -- 3.3 Trade by Technology Intensity -- 4 Competitiveness of Exports of the Selected IGAD States -- 5 Conclusion -- References -- Currency Union in the East African Community: A Fractional Integration Approach -- 1 Introduction -- 2 A Bit of History -- 3 Literature Review -- 4 Data and Methodology -- 5 Empirical Results -- 6 Conclusion -- References -- Part II: Financial Sector Development and Common Currency -- Financial Sector Development-Economic Growth Nexus in Rwanda -- 1 Introduction -- 2 Rwandás Institutional Environment and Macroeconomic Performance -- 3 Overview of Theoretical and Empirical Literature -- 3.1 Theoretical Literature -- 3.2 Empirical Literature Review on the Link Between Financial Development and Economic Growth -- 4 Data and Methodology -- 4.1 The Econometric Model -- 4.1.1 Vector Auto-regressive Framework -- 4.1.2 Granger Non-causality Test/Block Exogeneity Tests -- 4.2 Variables, Data Measurement and Transformations
  • 5 Empirical Results and Discussion -- 5.1 Vector Error Correction Model (VECM) Analysis -- 5.2 The Engle Granger Non-causality Test -- 5.3 Impulse Response -- 6 Conclusions and Policy Implications -- References -- Effects of a Common Currency on Intra-regional Trade in Africa: Perspectives on the East African Community Monetary Union -- 1 Introduction -- 2 Literature Review -- 2.1 The Common Currency Effect on Trade -- 2.2 Determinants of Trade -- 3 Data and Methodology -- 3.1 Analysis of Degree of Openness -- 3.2 Analysis of the GDP Business Cycles -- 4 Descriptive Statistics -- 4.1 Degree of Openess -- 4.1.1 Euro Zone Countries -- 4.1.2 EAC Countries -- 4.2 Facts About Business Cycles -- 4.2.1 Euro Zone Countries -- 4.2.2 EAC Countries -- 4.3 Conclusions from the Descriptive Analysis -- 5 Econometric Analysis -- 5.1 Data for Gravity Model -- 5.2 What TM Does -- 5.3 Estimation Results -- 5.4 Conclusion from the Gravity Model -- 6 Conclusion -- Appendix -- References -- Part III: Public Finances, FDI, Research, Innovation and Knowledge -- Research, Innovation and Indigenous Knowledge in Sub-Saharan Africa: In Search of a Nexus -- 1 Introduction -- 2 Innovation -- 3 Indigenous Knowledge -- 4 Indigenous Knowledge and Innovation -- 5 Africás Indigenous Knowledge in Practice -- 6 Indigenous Agriculture -- 7 Indigenous Knowledge of the Environment -- 8 Indigenous Knowledge of Trade and Savings -- 9 Indigenous Pharmacology -- 10 Indigenous Mathematics -- 11 Indigenous Knowledge and Research in Africa -- 12 Conclusion -- References -- The Shadow Economy and Corruption as Development Impediments -- 1 Introduction -- 2 Shadow Economic Activities -- 2.1 Shadow Economic Activities and Their Measurement -- 2.2 Shadow Economic Activities in Industrialized and Transition Economies -- 2.3 Factors with Negative Association with Shadow Economy
  • 2.4 Factors with Positive Association with Shadow Economy -- 2.5 Public Finances and the Size of the Informal Economy -- 3 Economic Freedom, Corruption and Economic Growth -- 3.1 Corruption and Economic Freedom -- 3.2 Gains and Well-Being from Economic Freedom -- 3.3 Causality Between Economic Freedom and Economic Growth -- 3.4 Economic Transition, Freedom and Growth -- 4 Effective Democracy and Economic Growth -- 4.1 Democracy, Natural Resources and Aid -- 4.2 Political Culture, Press Freedom and Economic Policy -- 4.3 Political Democracy and Degrowth Policies -- 4.4 State Capacity and Economic Growth -- 5 Concluding Remarks on the Dark Side of Economics -- References -- Part IV: Inclusive and Sustainable Growth -- Antecedents of Environmentally Friendly Manufacturing Practices Among SMEs in Africa: Evidence from Uganda -- 1 Introduction -- 2 Literature Review -- 2.1 The Role of Firm Age -- 2.2 The Role of Owneŕs Education -- 2.3 The Role of Owneŕs Age -- 3 Methodology -- 3.1 Research Design and Study Setting -- 3.2 Study Sample -- 3.3 Data Collection -- 3.4 Validity of the Study Responses -- 3.5 Study Measures -- 4 Results -- 4.1 Recycling, Age of the SME, Owneŕs Age and Education -- 4.2 Waste Disposal, Age of the SME, Owneŕs Age and Education -- 5 Discussion, Conclusion, Limitations and Further Research -- References -- Are East African Countries Sustainable? Comparative Analysis of Two Composite Indicators -- 1 Introduction -- 2 The Classification of Composite Indicators of Sustainability -- 3 Adjusted Net Savings -- 3.1 Concept -- 3.2 Critique -- 3.3 Results and Policy Implications -- 4 Ecological Footprint -- 4.1 Concept -- 4.2 Critique -- 4.3 Results and Policy Implications -- 5 Conclusion -- References -- African Emergence, Inclusive and Sustainable Development and the Role of Social Science Research with Special Reference to Eas..
  • 1 Introduction -- 2 Emergence of Africa -- 3 Challenges of Inclusive and Sustainable Development -- 4 The Roles of Social Science Research -- 5 Conclusion -- References -- Part V: Conflict-Growth Relationship and Reconstruction -- Benefit-Cost Analysis of the Integration of Rwanda in the East African Community: 2007-2013 -- 1 Introduction -- 2 Literature Review -- 2.1 Political Opportunities and Related Challenges -- 2.1.1 Security Opportunities -- 2.1.2 Bargaining Power -- 2.1.3 Project Cooperation -- 2.1.4 Lock-in to Reform -- 2.2 Economic Opportunities with Regional Integration and Related Challenges -- 2.2.1 Competition and Scale -- 2.2.2 Regional Integration and Foreign Direct Investment -- 2.2.3 Trade and Location -- Imports and Exports with Trade Diversion -- 2.2.4 Effects on Governmental Revenue -- 2.2.5 Convergence or Divergence Due to Trade and Location -- 2.3 About Policy Choices -- 3 About the East African Community -- 3.1 Institutions -- 3.2 Fundamental Principles of the Community -- 3.3 Operational Principles of EAC -- 3.3.1 Objectives of the Community -- 3.4 Sources of Funds for EAC -- 3.5 External Trade in the Region -- 3.6 Areas of Cooperation -- 3.7 Partnerships -- 3.8 EAĆs Perspective -- 4 Methodology -- 5 Political and Economic Gains Achieved: 2007-2013 -- 5.1 Political Gains -- 5.1.1 Security -- 5.2 Bargaining Power -- 5.3 Project Cooperation -- 5.4 Lock-in to Reforms -- 5.5 Competition and Economies of Scale -- 6 Policy Recommendations -- 7 Conclusion -- References -- The Conflict-Growth Nexus in Sub-Saharan Africa -- 1 Introduction -- 2 Long-Run Growth and the Causes of Conflict -- 2.1 Long-Run Growth -- 2.2 Theories of Conflict Onset -- 2.3 Synthesis -- 3 Africás Recent Growth and Conflict Experience -- 4 Conclusions and Policy Implications -- References
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1 online resource (238 pages)
Form of item
online
Isbn
9783319304328
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computer
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rdamedia
Media type code
c
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