Principal Constraints to the Regional Integration of Economic and Monetary Community of Central Africa States (EMCCAS)
Journal: International Journal of Science and Research (IJSR) (Vol.7, No. 11)Publication Date: 2018-11-05
Authors : James Pavel NGALEBAYE;
Page : 937-944
Keywords : constraints; regional integration; infrastructures; convergence criteria;
Abstract
This paper examines the principal constraints which hamper the integration of economic community of central African states (EMCCAS). Transactions carried out within EMCCAS zone never exceed 2 % of their external exchanges which explains why the zone remains the less integrated of the continent. The study demonstrates that the principal constraints to the economic integration of the EMCCAS depend to the insufficiency of infrastructures as well as to non-respect by the member states of the convergence criteria. Therefore, decision makers are suggesting a set of measures in order to boost the exchanges within EMCCAS member states.
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