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Blocs financial aid
Blocs financial aid









  1. BLOCS FINANCIAL AID SOFTWARE
  2. BLOCS FINANCIAL AID FREE

BLOCS FINANCIAL AID FREE

Hence the motivation to explore how Free Trade Agreement in import tariff of commodities and services from Africa to China can be beneficial to Africa in its quest to improve the livelihoods of its citizenry. The Chinese government over the past years have granted trade concessions including tariff elimination to thirty (30) African countries. Finally, the paper provides an opportunity for further research to assist regional policy formulation particularly as it affects cross-border transportation system within the ECOWAS sub-region.Īfrica and China, at present times, enjoy close relations in numerous areas of cooperation including trade. Furthermore, the study provides a platform that brings the ECOWAS Super Highway conundrum to both regional and International conversations. The study makes original contribution to knowledge as the empirical literature is enriched. As a policy-driven research, this study has implications for theory and practice. Our findings also show that the challenge of language will be highly mitigated if an ECOWAS Super Highway is in place as this will aid in bridging the cultural divide that has existed between its Anglo-phone and Franco-Phone member-states. Our study further reveals that a Super Highway will serve to promote political stability within the ECOWAS sub-region, although not to a significant extent. Results from this study indicate a strong association between a super Highway and improve economic integration in the ECOWAS sub-region. Three main hypotheses were formulated and tested for this study.

BLOCS FINANCIAL AID SOFTWARE

The SPSS data software was used in the empirical analysis. Data were collected by means of self-designed questionnaire designed on a 5-point Likert scale. The study adopts survey method for its data collection. This paper examines the critical factors that have hampered socio-economic growth in the West Africa sub-region and highlights the imperative of an ECOWAS Super Highway as a driving force for the rapid transformation of a region so rich in human and materials resources yet is nested in a web of abject poverty. While regional integration is increasingly being accepted as essential in facilitating socio-economic growth, various accounts from the extant literature indicates that the lack of political will by ECOWAS leaders, among other concomitant factors, have led to the region’s inability to drive home the lofty ideas as contained in its numerous protocols. However, despite numerous sub-regional summits, little has been achieved to date in terms of sustainable economic development thus securing an almost permanent seat for the region as one of the world poorest. Over the last four decades, countries in West Africa sub-region have continued to search for an economic integration model through which its socio-economic prosperity will be enhanced. Addressing these hindrances would strengthen the continent’s trading blocs and enhance their positive impact on intra-African trade and economic growth. Many social, economic, and political challenges also weaken African trading blocs and their ability to promote integration and trade. Poverty rates are still high and GDP does not seem to be positively influenced by the trading blocs. The key findings are that intra-Africa trade is still low, despite the existence of numerous trading blocs, and that few of these contribute to regional trade creation. This paper analyzes this link using theoretical and empirical literature reviews. Therefore, there is a need to evaluate the interrelationship between African trading blocs and economic growth of the African continent. Regional integration and trading blocs have been suggested as ways that African nations can use to achieve sustained development and increase their participation in the global economy. There is general consensus among scholars, policy makers, and political leaders that the best way for African countries to develop is through regional trade.











Blocs financial aid