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Developmental regionalism and African enterprises

UNCTAD report on Africa's economic development

The Economic Development in Africa Report 2013, subtitled “Intra-African Trade: Unlocking Private Sector Dynamism” (see reference), says that efforts to date to spur jointly reinforcing economic growth on the continent have relied on a “textbook” and “linear” approach to regional cooperation that does not fit with Africa’s situation. It says that what is required is a “21st century approach to dealing with 21st century challenges”. A WDEV summary


The authors of the new report suggest that African countries should adopt a new approach to regional integration, referred to as “developmental regionalism”. Developmental regionalism encompasses cooperation among countries in a broader range of areas than just trade and trade facilitation, to include – for example – investment, research and development, as well as policies aimed at accelerating regional industrial development and regional infrastructure provision, such as the building of better networks of roads and railways ...

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Find in this article:

No regional markets without African goods
Regional industrial policy, capacity building and development corridors
Learning from other continents
Box: The African private sector and regional trade

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