Defining priorities for regional integration: ADF III (3-8 March 2002)
Author(s)/Corporate Author (s)United Nations. Economic Commission for Africa;
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Economic and monetary union is one of the aims of the African Union. The Constitutive Act of the AU commits Africa to setting up the African Central Bank, the African Monetary Fund and the African Investment Bank (Article 19), alongside the Economic, Social and Cultural Council (Article 22). Current African development initiatives perceive integration in the context of effective macroeconomic management and corporate governance, and enhanced partnership between Africa's best performers and international development partners. This entails promotion of increased regional trade and also convergence of monetary policies. The removal of barriers between national markets will increase efficiency and help attract foreign investment. Some subregions have already taken significant steps in this direction.
Citation“United Nations. Economic Commission for Africa (2002-03). Defining priorities for regional integration: ADF III (3-8 March 2002). UN. ECA African Development Forum (3rd : 2002: Addis Ababa, Ethiopia).. Addis Abeba :. © UN. ECA,. http://hdl.handle.net/10855/16722”
ConferenceUN. ECA African Development Forum (3rd : 2002: Addis Ababa, Ethiopia).
- Regional Integration