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In this paper, we test the existence of an optimal inflation interval within which, the inflation of the west African countries supports economic growth. Besides this objective, we seek to test the validity of the 5% inflation threshold not to be exceeded, proposed as a convergence criterion for...
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Regional integration occupies a prominent place in the economic policies of most sub-Saharan African countries. However, despite different waves of initiatives across the African continent, the majority of African regional schemes have not managed to achieve their ambitious goal of promoting...
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Scholars have examined and revisited various theories of economic integration, including Comparative Advantage Theory, Functionalism, Neo-Functionalism, Inter-Governmentalism, Transactionalism, Complex Interdependence and Structuralism. However, there are fundamental questions as to the...
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ECOWAS, the Economic Community of Western Africa States, was set up in 1975 by 16 countries with the ultimate objective of forming an economic community. As in similar RTAs, that were best thought as extensions of ISI, early results have been rather discouraging, but the process of domestic...
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