Economic co-operation in East Africa

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Periodical article

Title:	Economic co-operation in East Africa
Author:	Mead, D.C.
Year:	1969
Periodical:	Journal of Modern African Studies
Volume:	7
Issue:	2
Pages:	277-287
Language:	English
Geographic term:	East Africa
Subjects:	international economic relations East African Community
External link:	https://www.jstor.org/stable/159128
Abstract:	Explores the prospects for co-ordinated cooperative economic advance in East Africa. The frame of reference reaches wider than simply an analysis of the 1967 Treaty. The Treaty is not to be regarded as the end-point of the bargaining process, but rather as a way-station. Central issue in this article: the relationship between the gains for the area as a whole, and the distribution of these benefits. After consideration of the several areas where co-operation might bring potential benefits, attention is paid to financial services, factor movements, flow of capital. Then follows discussion of the core of economic co-operation and co-ordination in East Africa, the Common Market, which is analysed in its many aspects e.g. the profitability of common-market industries, industrial co-ordination and control, the role of the East African Development Bank. Briefly is looked at the economics of potential expansion of the East African Community through membership of neighbouring countries. Notes.