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Introduction: Africa and the World of Regionalism: Old and New

In: Regionalism and Africa’s Development

Author

Listed:
  • S. K. B. Asante

    (Economic Commission for Africa)

Abstract

Regional integration is not new. It has been a continuing part of the post-World War II trade landscape. Recently, however, interest in regionalism has revived in both developed and developing countries. Existing arrangements have been, or are being, extended in their coverage; old arrangements are being revived; and new regional groupings are being formed. The three distinctive features of this trend are: the ‘conversion’ of the United States to the regional approach; the emergence of regional arrangements among industrial and developing countries; and an apparent move away from inward-oriented towards more outward-oriented arrangements among developing countries, particularly in the Western Hemisphere. In developing countries, these developments are being accompanied in many cases by unilateral trade liberalization.

Suggested Citation

  • S. K. B. Asante, 1997. "Introduction: Africa and the World of Regionalism: Old and New," Palgrave Macmillan Books, in: Regionalism and Africa’s Development, chapter 1, pages 1-13, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25779-9_1
    DOI: 10.1007/978-1-349-25779-9_1
    as

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