The Institutional Transformation of the Economic Community of West African States

The Institutional Transformation of the Economic Community of West African States PDF

Author: Kofi Oteng Kufuor

Publisher: Routledge

Published: 2017-03-02

Total Pages: 305

ISBN-13: 1351887629

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This book examines regional economic integration in West Africa within the context of the institutional evolution of the Economic Community of West African States (ECOWAS). It uses the tools of the New Institutional Economics School (NIE) to explore the origins and development of the most recent ECOWAS Treaty. Particular attention is given to the interface between domestic legal arrangements and the success of open markets at the regional and international levels.

Revisiting the Economic Community of West African States

Revisiting the Economic Community of West African States PDF

Author: Olabisi D. Akinkugbe

Publisher:

Published: 2019

Total Pages: 234

ISBN-13:

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Recent years have seen a growing scholarly interest in the conditions of emergence of regional trade agreements in Africa. These analyses have advanced our knowledge on a range of technical issues, from specific institutional transformation of regional economic communities such as the Economic Community of West African States (ECOWAS) to broad legal issues relating to the provisions of the regional trade agreements. Most literature on ECOWAS is, however, informed by legal formalism that interprets the text of the treaties strictly and without context, leading to a dominant interpretation of failure.By contrast, this thesis adopts a socio-legal approach and argues that the dominant narrative's conceptualization of ECOWAS is narrow and under-representative of the broader contexts of the social relations in which ECOWAS Treaties and their implementation are embedded. The failure narratives do not adequately account for the complex social, historical, and political factors that shape the implementation of the ECOWAS Treaties.By combining socio-legal approach with insights from International Relations on new regionalism, the thesis reconceptualizes regionalism in ECOWAS as a social phenomenon. It approaches the ECOWAS Treaties as embedded in the socio-political relations, power struggles, and social structures of the Community. To differentiate the thesis from existing research on ECOWAS, it incorporates national, regional, and international factors in illuminating the complex and multifaceted confluence of circumstances that shape the implementation of the ECOWAS Treaties. Simultaneously, the thesis enriches our understanding of the theories of new regionalism by deepening the analysis in relation to ECOWAS. Seen from this perspective, the thesis concludes that ECOWAS cannot be regarded as a straightforward failure and that its achievements are not to be found primarily in economic integration but in other socio-political factors that it enabled. Finally, the analysis opens new opportunities for future normative analyses that interrogate the effectiveness of ECOWAS by taking into account the socio-political contexts in which it is embedded.

Revisiting the Economic Community of West African States

Revisiting the Economic Community of West African States PDF

Author: Olabisi Delebayo Akinkugbe

Publisher:

Published: 2017

Total Pages:

ISBN-13:

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Recent years have seen a growing scholarly interest in the conditions of emergence of regional trade agreements in Africa. These analyses have advanced our knowledge on a range of technical issues, from specific institutional transformation of regional economic communities such as the Economic Community of West African States (ECOWAS) to broad legal issues relating to the provisions of the regional trade agreements. Most literature on ECOWAS is, however, informed by legal formalism that interprets the text of the treaties strictly and without context, leading to a dominant interpretation of failure. By contrast, this thesis adopts a socio-legal approach and argues that the dominant narrative's conceptualization of ECOWAS is narrow and under-representative of the broader contexts of the social relations in which ECOWAS Treaties and their implementation are embedded. The failure narratives do not adequately account for the complex social, historical, and political factors that shape the implementation of the ECOWAS Treaties. By combining socio-legal approach with insights from International Relations on new regionalism, the thesis reconceptualizes regionalism in ECOWAS as a social phenomenon. It approaches the ECOWAS Treaties as embedded in the socio-political relations, power struggles, and social structures of the Community. To differentiate the thesis from existing research on ECOWAS, it incorporates national, regional, and international factors in illuminating the complex and multifaceted confluence of circumstances that shape the implementation of the ECOWAS Treaties. Simultaneously, the thesis enriches our understanding of the theories of new regionalism by deepening the analysis in relation to ECOWAS. Seen from this perspective, the thesis concludes that ECOWAS cannot be regarded as a straightforward failure and that its achievements are not to be found primarily in economic integration but in other socio-political factors that it enabled. Finally, the analysis opens new opportunities for future normative analyses that interrogate the effectiveness of ECOWAS by taking into account the socio-political contexts in which it is embedded.

Region-Building in West Africa

Region-Building in West Africa PDF

Author: Emmanuel Balogun

Publisher: Taylor & Francis

Published: 2022-06-30

Total Pages: 149

ISBN-13: 0429791844

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This book examines the role of the Economic Community of West African States (ECOWAS) practitioners in coordinating, creating, and managing regional governance practices in the areas of public health, peace and security, and microfinancial integration. Since 1975, there have been many failed and successful attempts at unconstitutional government changes in West Africa. During this same period, numerous instruments have been designed to promote peace and security in the region. This book examines the role of bureaucratic actors in the ECOWAS in harmonizing regional integration policy in West Africa. Using data from fieldwork in several countries in West Africa, Balogun observes how ECOWAS practitioners network and strategically engage regional stakeholders in health, peace and security, and finance as a means to deepen harmonization between ECOWAS Member States and build a connection with civil society. Balogun argues that the founding conditions of ECOWAS set the organization on an institutional path to adapt its approaches to regional governance. Region-Building in West Africa challenges the idea that self-interested leaders limit regional cooperation. The book also challenges the idea that the bureaucrats in the organization are glorified servants to their governments. Region-Building in West Africa instead focuses on the influence that bureaucrats have in shaping the international policy agenda of ECOWAS. This book will be useful to scholars, students, and practitioners in Africa and beyond who want to better understand the inner workings of African regional organizations, and the processes that drive cooperation across West Africa.

African Agency in International Politics

African Agency in International Politics PDF

Author: William Brown

Publisher: Routledge

Published: 2013-03-20

Total Pages: 226

ISBN-13: 1134057547

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This book analyses the rapidly increasing role of African states, leaders and other political actors in international politics in the 21st Century. In contrast to the conventional approach of studying how external actors impacted on Africa’s international relations, this book seeks to open up a new approach, focusing on the impact of African political actors on international politics. It does this by analysing African agency – the degree to which African political actors have room to manoeuvre within the international system and exert influence internationally, and the uses they make of that room for manoeuvre. Bringing together leading scholars from Africa and Europe to explore the role and conception of African Agency, this book addresses a wide range of issues, from relations with western and non-western donors, Africa’s role in the UN and World Trade Organisation, negotiations over climate change, trade agreements with the European Union, regional diplomatic strategies, the character and extent of African state agency, and agency within corporate social responsibility initiatives. African Agency in International Politics will be of interest to scholars and students of Africa’s international relations, African politics, development, geography, diplomacy, trade, the environment, political science and security studies.

West African Economic and Monetary Union

West African Economic and Monetary Union PDF

Author: Patrick A. Imam

Publisher: International Monetary Fund

Published: 2013-10-22

Total Pages: 46

ISBN-13: 1484348222

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The financial system in the WAEMU remains largely bank-based. The banking sector comprises 106 banks and 13 financial institutions, which together hold more than 90 percent of the financial system’s assets (about 54 percent of GDP at end-2011). Five banks account for 50 percent of banking assets. The ownership structure of the sector is changing fast, with the rapid rise of foreign-owned (pan-African) banks. This contributes to higher competition but also rising heterogeneity in the banking system, with large and profitable cross-country groups competing with often weaker country-based (and sometime government-owned) banks. Nonbank financial institutions are developing quickly, notably insurance companies, but remain overall small. This paper presents a detailed analysis of the banking system.

Reinventing Regional Security Institutions in Asia and Africa

Reinventing Regional Security Institutions in Asia and Africa PDF

Author: Kei Koga

Publisher: Taylor & Francis

Published: 2016-12-08

Total Pages: 224

ISBN-13: 1317229541

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Regional security institutions play a significant role in shaping the behavior of existing and rising regional powers by nurturing security norms and rules, monitoring state activities, and sometimes imposing sanctions, thereby formulating the configuration of regional security dynamics. Yet, their security roles and influence do not remain constant. Their raison d’etre, objectives, and functions experience sporadic changes, and some institutions upgrade military functions for peacekeeping operations, while others limit their functions to political and security dialogues. The question is: why and how do these variances in institutional change emerge? This book explores the mechanisms of institutional change, focusing on regional security institutions led by non-great powers. It constructs a theoretical model for institutional change that provides a new understanding of their changing roles in regional security, which has yet to be fully explored in the International Relations field. In so doing, the book illuminates why, when, and how each organization restructures its role, function, and influence. Using case studies of the Association of Southeast Asian Nations (ASEAN), the Economic Community of West African States (ECOWAS), and the Organization of African Unity (OAU)/ African Union (AU), it also sheds light on similarities and differences in institutional change between regional security institutions.

Institutions and Agrarian Development

Institutions and Agrarian Development PDF

Author: Erwin Bulte

Publisher: Palgrave Macmillan

Published: 2018-10-20

Total Pages: 0

ISBN-13: 9783319984995

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This book argues that development strategies have thus far failed in Western Africa because the many challenges afflicting the area have yet to be explored and understood from the perspective of institutional resources. With a particular focus on three countries on the bend of the Upper West African coast – Guinea, Liberia and Sierra Leone – this book offers a theory to account for the nature of these institutional elements, to test deductions against evidence, and finally to propose a reset for rural development policy to make fuller use of local institutional resources. Based on quantitative analysis and eight years of multidisciplinary field research, this volume features several large-scale RCTs in the domain of rural development, local governance, and nature conservation. The authors address one of the biggest topics in agricultural and development economics today: the structural transformation of poor, agrarian economies, and they do so through the important and unique lens of institutions.