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Theories Of Regional Economic Integration

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During the early years of regional integration, critics continued to raise concern about how the integration terminology could be properly used in the midst of lack of clarity regarding its content. In this regard, this chapter aims to evaluate the theoretical background, economic assumptions and evidence on regional economic integration, in order to reflect its importance to Africa.
This chapter starts by defining integration, regional integration, regional economic integration, and goes on to elaborate in detail on the economic theory that surrounds this concept. In this regard, the stages of regional economic integration and the economic theory behind them are examined. This chapter covers the literature review, analysis of the theoretical …show more content…

It was for instance discussed whether integration refers to a process or an end product. According to McCarthy (2007), “integration is much more a process of becoming than it is a clear outcome or a definite political and state.” Of course, the two can be combined. Integration could then be defined as a process that leads to a certain state of affairs. The term integration has been defined by many authors. Karl Deutsch, for instance, defined integration as ‘the attainment, within a territory, of a “sense of community” and of institutions and practices strong enough and widespread enough to assure, for a “long” time, dependable expectations of “peaceful change” among its population.’ When a group of people or states have been integrated this way, they constitute a ‘security community.’ (Karl W. Deutsch et al., 1957, pp. …show more content…

Lindberg considered his own concept more cautious than that of Haas. Central to it was ‘the development of devices and processes for arriving at collective decisions by means other than autonomous action by national governments’ (Ibid., pp: 5). Therefore it would be fair to say collective decision-making is an important aspect of all regional integration

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