Multilateral economic policy convergence

Viac o knihe

The book explores the regional integration process within SADC, highlighting the ongoing debates regarding the economic convergence needed for a successful monetary union. Despite progress since the establishment of various milestones, significant challenges persist, including unmet deadlines for the Free Trade Area and other initiatives. The analysis reveals a lack of empirical evidence supporting the notion of a fully functioning Free Trade Area among SADC countries, alongside a troubling increase in GDP per capita inequality, complicating efforts to achieve regional economic targets.