Maroeconomic policy for development the implications for regional integration in Africa

Abstract

The purpose of this paper is to examine the implications of the macroeconomic policy programmes, being implemented in many African countries, on the attainment of the lofty objectives and goals of the regional economic integration and development in Africa. The paper is divided into four Sections.Section I is the introduction. In Section II is a simple conceptual framework is set up. Section III is devoted to an examination of the nature of the impact of the implementation of the maqr<*economic policy reforms on regional economic integration efforts in Africa. Finally, Section IV examines the necessity for incorporating .the regional dimension of development into the design of national macroeconomic policy reform programmes and the initiation of regional reform programmes like that of UDEAC-CEMAC.