Opportunities for Integrating the East African Community into a Single Market

Ndegwa Lawrence Kingori (2022) Opportunities for Integrating the East African Community into a Single Market. Külkereskedelmi Kar.

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Absztrakt (kivonat)

Regional economic communities such as the East African Community are seen like a catalyst for economic progress by countries in East Africa as much as other regional blocs see it. Regional integration has not progressed as far as the EAC Single Market Protocol had anticipated. The primary objective of this study was to evaluate the opportunities for integrating the East African Community as a single market. Therefore, this research sought to explore how labour and personal movement affect economic growth in member states, how capital movement affects growth in member states, how trade affects growth in member states, and what obstacles the Single Market Protocol faces in implementation. The study used an exploratory secondary research design to establish the relationship between the variables in the study. Secondary data was gathered and examined to supplement prior research findings and confirm pragmatic coherence. According to the findings, trade inside the EAC has the most significant impact on member nations' economic growth because of the excellent effect on the movement of people, labour, and capital. The study found that capital mobility hurt the economic development of member nations, such as Kenya, because of the modest inflow of capital from the EAC to Kenya compared to the large outflow of capital. According to the various reports, EAC Common Market Protocol is likewise enveloped by many obstacles that require rapid and concerted action by the EAC partners. This paper also recommends foreign direct investments (FDI) as a strategy by East African Community member state to internationalize enterprises and the constraints of synchronizing non-trade obstacles under the EAC single market protocol.

Intézmény

Budapesti Gazdasági Egyetem

Kar

Külkereskedelmi Kar

Tanszék

Nemzetközi Kereskedelem és Logisztika Tanszék

Tudományterület/tudományág

NEM RÉSZLETEZETT

Szak

Nemzetközi Gazdaság és Gazdálkodás (angol)

Mű típusa:	diplomadolgozat (NEM RÉSZLETEZETT)
Kulcsszavak:	Burundi, East African Community, Economic Integration, Kenya, Rwanda, Single Market, South Sudan, Tanzania, Uganda
SWORD Depositor:	Archive User
Felhasználói azonosító szám (ID):	Archive User
Rekord készítés dátuma:	2022. Okt. 11. 09:49
Utolsó módosítás:	2022. Okt. 14. 10:27

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