Африканската континентална зона за свободна търговия: защо Африка се връща към мултилатерализма?
The African continental free trade area: why Africa turning to multilateralism?
Author(s): Eduard MarinovSubject(s): Social Sciences, Economy, Education, National Economy, Business Economy / Management, Higher Education , Financial Markets, Public Finances, Accounting - Business Administration, Marketing / Advertising, Human Resources in Economy, Business Ethics
Published by: Нов български университет
Keywords: economic integration theory; developing countries integration; FTA; African economy
Summary/Abstract: The Agreement establishing the African Continental Free Trade Area entered into force on 30 May 2019 and on 9 July all countries on the continent joined it. If the massive deal works as hoped, it will connect 1.3 Billion people, create a 3.4 Trillion USD economic bloc, and heat up commerce within thecontinent itself. The article aims at tracing the process of economic integration in Africa, discussingthe rationale behind Africa’s current efforts to achieve multilateral trade liberalization, analyzing the main features and assessing the potential benefits of the implementation of the African Continental Free Trade Agreement.
Journal: Годишник Икономика и бизнес
- Issue Year: 4/2019
- Issue No: 1
- Page Range: 135-147
- Page Count: 13
- Language: Bulgarian