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Working Paper 62 - Policies for Regional Integration in Africa
The paper agues that experience and empirical evidence have shown that Africa’s traditional trade-focused model of regional integration has failed not only in promoting intra-regional and African trade but also economic growth. However, regional integration remains a basic ingredient towards the attainment of high and sustainable economic growth in the continent. To realize this potential, there is therefore, the need to search for new modalities of regionalism that lean more towards co-operation, less rigidity and more pragmatism. The paper suggests that the principles of variable geometry and subsidiarity could be usefully applied in this more pragmatic modality for defining the functions and powers of the various layers of the new regional co-operation institutions.