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African financial ecosystem
Paperback
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- Book Synopsis
- Historically and contextually, various integration models were experimented with by colonial powers, but these systems largely collapsed post-independence. For instance, the French attempted to maintain cohesion but prioritized their own interests, leading to fragmentation. Efforts in East and West Africa similarly faltered, as each nation pursued its own agenda without a unified political will. South Africa made a notable attempt, but integration never materialized; it would have required a different approach, such as the adoption of a SADC currency. The recent endeavors of AES countries and Zimbabwe's new currency inject fresh dynamics into this ecosystem. Concurrently, the rise of new technologies presents both challenges and opportunities for financial integration. Public organizations and pan-African institutions play crucial roles in navigating this journey, where the political dimension holds significant sway. Additionally, international dynamics, exemplified by initiatives like those of the BRICs, further influence the landscape. Taken together, these elements paint an intriguing picture, fostering discussions on the African ecosystem and brainstorming plausible solutions. The ultimate aim is to achieve, within a reasonable timeframe, a monetary union and a common African currency.
- About The Author
- Dr. Jean-Denis Gabikini currently holds the position of Head of the Department of Economic Development, Integration and Trade of the African Union Commission after having previously served as Ag. Director of the Department of Economic Affairs of the Union Commission African. Prior to his current position, Dr. Jean-Denis worked for ten years as a Cabinet Principal Policy Advisor under three Presidents, namely Prof. Alpha Oumar Konaré, Dr. Jean Ping and Dr. Nkosazana Dlamini-Zuma. Born in Congo Brazzaville, Dr. Gabikini holds a PhD in international business administration as well as an MBA in international business administration and an MSc in international economics.
- Product Details
-
- ISBN
- 9798891557925
- Format
- Paperback
- Publisher
- Austin Macauley Publishers, (08 November 2024)
- Number of Pages
- 128
- Weight
- 380 grams
- Language
- English
- Dimensions
- 280 x 216 x 14 mm
- Categories: