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    An examination into the quality of regional trade institutions: The economic community of West African states (ECOWAS); a historical, theoretical and modelling perspective

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    PhD Thesis (7.078Mb)
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    Publication date
    2017
    Author
    Bah, Essa
    Supervisor
    Jackson, Karen
    Potts, David J.
    Keyword
    Trade institutions
    Convergence
    History
    Policy
    Regionalism
    Modelling
    Economic Community of West African States (ECOWAS)
    Theory
    Integration
    Rights
    Creative Commons License
    The University of Bradford theses are licenced under a Creative Commons Licence.
    Institution
    University of Bradford
    Department
    Division of Economics, Faculty of Social Science
    Awarded
    2017
    
    Metadata
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    Abstract
    This thesis examines the determinants of institutional quality and the process of convergence in the ECOWAS in order to inform policy about the region’s deep integration scheme. The first part of the thesis examines the historical changes that took place in the development of common institutions in West Africa in the pre-independence era. The findings demonstrated that the region exhibited some common institutions, including common currencies, standardised trade rules and protection of trade routes which facilitated regional and international trade. A single administration system helped in the effective implementation of the common institutions. Therefore, historical changes after independence led to the loss of some facets of these common institutions in West Africa. The second part examined determinants of institutional quality and the process of convergence using econometric analysis. The findings demonstrated that the process of convergence could be accelerated if WAMZ and WAEMU work together as one monetary zone under ECOWAS. Moreover, the findings also demonstrated that the level of development, state capacity, FDI, regional trade, history and regional trade partners institutional quality contain useful information in explaining the quality of institutions today. Therefore, ECOWAS’s deep integration goal would require improving some of these factors in order to facilitate the process of developing common institutions and improve their quality. In the long term, a single administration system akin to the colonial era and the Empires of Western Sudan would be desirable. This will require political commitment to do so. ECOWAS members should have the confidence that deep integration is feasible given that it existed in the region in the past.
    URI
    http://hdl.handle.net/10454/16848
    Type
    Thesis
    Qualification name
    PhD
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    Theses

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