THE EABC BUSINESS AGENDA - INTEGRATING TRADE WITH EAST AFRICA'S DEVELOPMENT PERSPECTIVES

THE EABC BUSINESS AGENDA - INTEGRATING TRADE WITH EAST AFRICA'S DEVELOPMENT PERSPECTIVES

It is with great pleasure that I extend a warm welcome to all our esteemed partners and readers, on behalf of the East African Business Council, over the 2018 issue of our annual corporate publication – THE EABC BUSINESS AGENDA. Acknowledging the indispensable role that trade plays in fostering and deepening East Africa’s integration and socio-economic development, this thematic and highly targeted book issue does the following

  • Comprehensively explores the complex relationships between trade, production and economic performance in the East African Community
  • Analyzes the contemporary and emerging bilateral and multilateral trade architecture, developments and trends; and their potential linkages to sectoral dimensions on the development of the region; and
  • Examines the impacts of cross-cutting trade-led initiatives, policies and institutional frameworks under implementation, to address constraints to the development of integrated trade in the community.

Through selective empirical research, whose compelling results are incorporated here, this book moves well beyond the core “trade and growing trade” framework, and looks at broader aspects of structured trade in relation to development, and indeed, the whole process of socio-economic transformation of the East African Community.


This book spotlights ongoing key liberal and outward-looking trade reform initiatives pertaining to the EAC’s trade structure; liberalization; facilitation; and policy environment – all aimed at stimulating performance, improving production efficiencies, expanding market access and removing existing barriers to trade at both the national and regional levels.


Indeed, while significant trade liberalization programmes are being implemented in the community to reduce existing barriers and spur specialization in the production of goods through the application of the principle of comparative and competitive advantages, there are still considerable variations across sectors and products in the
extent of barriers. These continue to induce price distortions that generate inefficiency, and as a consequence, impede production and investment.


A broad conclusion is that while trade plays a critical role in promoting growth, businesses, as the primary drivers of trade must be facilitated with enabling environments, to play a more active role in actualizing their trading potential.


In its entire breadth and depth, this book clearly demonstrates why trade must be a priority agenda in the region’s broader development discourse.

Coming as the East African Business Council commemorates its 20th anniversary, this handbook also provides essential showcase overviews on the impact of EABC’s regional advocacy programmes and contribution to private sector development.


I take this opportunity to thank all our esteemed members, strategic partners and stakeholders for their invaluable support and contribution to the success of the EABC’s programmes over the past 20 years; as we look forward to closer collaboration in the future.

  pdf  DOWNLOAD: THE EABC BUSINESS AGENDA - INTEGRATING TRADE WITH EAST AFRICA'S DEVELOPMENT PERSPECTIVES (15.99 MB)

 

We sincerely hope that you will find this a worthy read.


Happy Reading

Hon. Peter Mathuki, EABC Executive Director