6533b831fe1ef96bd1298d9e

RESEARCH PRODUCT

The Protocol on Trade and the Creation of the Southern African Development Community Free Trade Area

Johannes Muntschick

subject

Market integrationEconomic integrationHegemonyInternational free trade agreementbusiness.industryMember statesInstitutional designBusinessInternational tradeProtocol (object-oriented programming)Economic interdependence

description

The author offers a much-needed analysis of regional economic integration in the SADC and explains the successful establishment of the SADC Free Trade Area. He outlines the demand for regional market integration in the SADC’s member states from a structural perspective in consideration of intra-regional economic interdependence and trade relations. Against this background, this chapter provides an explanation of the specific provisions of the SADC Protocol on Trade that determined the institutional design of the free trade area. In this respect, Muntschick highlights the key role of South Africa as the regional economic hegemon. Finally, this chapter evaluates the performance of the SADC Free Trade Area on the basis of several indicators and concludes that the project is a success despite some shortcomings.

yearjournalcountryeditionlanguage
2017-10-06
https://doi.org/10.1007/978-3-319-45330-9_4