| Abstract: | It is clear that whatever her motive South Africa hopes to effect in Southern Africa an economic community similar to the European Common Market. Therefore, the author deals with 'the concept of a common market in its strict economic sense, which allows for a free movement of products as in a free-trade area and a customs union, a free movement of all factors of production, and a common external tariff. This article considers the political and economic problems of Southern Africa and the feasibility of the common market, with reference to resource mobility in the area and problems of varying industrial growth. An example of the 'working case', that is, the current customs union agreement between South Africa, Botswana, Lesotho and Swaziland is reviewed. Notes, tables. |