Artikel

Regional integration in the West African economic and Monetary Union (WAEMU): Complementarity or competition?

This paper analyzes and characterizes the nature of the interactions between countries of the West African Economic and Monetary Union (WAEMU) over the period 1995–2015. The analysis uses sigma-convergence on the one hand and the Dendrinos-Sonis spatial competition model estimated by the SUR method on the other hand. The results show a lack of convergence of living standards and support the idea of income polarization in space; these results also support the idea of a very poorly integrated region with relatively competitive interrelationships. The paper suggests the acceleration of regional integration in the WAEMU region combined with the implementation of inclusive integration policies that promote each member's comparative advantage.

Sprache
Englisch

Erschienen in
Journal: Economies ; ISSN: 2227-7099 ; Volume: 10 ; Year: 2022 ; Issue: 1 ; Pages: 1-11 ; Basel: MDPI

Klassifikation
Wirtschaft
Thema
competition
complementarity
Dendrinos-Sonis model
sigma-convergence

Ereignis
Geistige Schöpfung
(wer)
Alinsato, Alastaire Sèna
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2022

DOI
doi:10.3390/economies10010022
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Alinsato, Alastaire Sèna
  • MDPI

Entstanden

  • 2022

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