The general state of Intra-African trade, its obstacles, and potential
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Date
1981-05Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa;United Nations. Economic and Social Council;
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The African region, like any other region, has had and still has economic
links with the rest of the world. These linkages manifest the progressive inter
connection of the world economy over the last two or more centuries which has brought
into existence a set of processes which has affected, albeit in radically different
ways, all peoples touched by this interdependent economic system in all parts of
the world. The connections are sometimes obvious and direct, sometimes obscure and
highly indirect as are their implications for the national, regional and sectoral
cohesiveness of the economies. The interdependence of the world economy is an acknowledged fact and
the desirability of an interdependent world economic system derives, from the fact
that no country is endowed with all natural resources. However, within the existing
interdependent world economy, the utilization of the world resources is skewed
towards benefiting only one section of the world community. This situation is a
manifestation of inequality in world power structure directed at obtaining as much
as possible from a given amount of resources. The African region has not been able
to derive much benefit from the present situation of the interdependent world
economy nor are there better prospects on the basis of existing relationships. The
African region has long realized that the world economic system, while enriching
other regions, has also impoverished African countries. African voices have been
heard at various international fora but those voices have not yielded much when
measured by what has so far been done to rectify the system.
Citation
“United Nations. Economic Commission for Africa; United Nations. Economic and Social Council (1981-05). The general state of Intra-African trade, its obstacles, and potential. Addis Ababa :. © UN. ECA,. https://hdl.handle.net/10855/7938”Collections
- African Trade Policy Centre [2507]
- Trade [2779]