East African Community Regional Integration: Private Investment Implications

Regional Integration and Foreign Direct Investment

This paper deals with the investment effects of regional integration agreements and discusses how such arrangements may affect inward and outward foreign direct investment flows in the integrating region. After setting up a conceptual framework for the analysis, we provide three studies focusing on different kinds of regional integration: North-North integration (Canada joining CUSFTA), North-S...

Demographic Factors in East Asian Regional Integration

Power Reform, Private Investment and Regional Co-operation

Modern infrastructure, particularly electricity, is critical to economic development. Deficits cause shortages that constrain total output, magnifying the return to their elimination. South Asia, faced with inefficient and bankrupt state-owned vertically integrated electricity supply industries, was under strong pressure to reform. An imperfect diagnosis encouraged private investment in generat...

Intra - African Trade and Regional Integration

In the fast globalizing world, the combined effect of small market size, weak institutions, low human development, worsening terms of trade, persistent conflict and poor investment climate, pan-African cooperation as enshrined in the African Economic Community and NEPAD has been designated by African governments as the best overall framework for accelerating African development in the 21 centur...

Financing investment in East Asia: Regional or global savings? ¬リニ

This paper investigates the extent to which domestic investment in East Asian countries is financed by domestic, (East Asian) regional and global savings in order to infer the relative importance of regional vs. global capital markets in East Asia. Panel regression results show that regional saving in East Asia plays a much more important role than global saving in financing investment in the r...