The Quest for Regional Integration in the East African Community

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Series:: Books
Author(s):: Paulo Drummond, S. Wajid, and Oral Williams
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: January 2015
DOI:: http://dx.doi.org/10.5089/9781484364413.071
ISBN:: 9781484364413
Page:: 308

The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries are making significant progress toward financial integration, including harmonization of supervisory arrangements and practices and the modernization of monetary policy frameworks. This book focuses on regional integration in the EAC and argues that the establishment of a time table for the eliminating the sensitive-products list and establishing a supranational legal framework for resolving trade disputes are important reforms that should foster regional integration.