Economic Community of West African States (ECOWAS) seeks regional economic and monetary integration like the European Union (EU), but the success recorded so far has been insignificant. In this book, some of the pros and cons of the steps for a successful regional integration process are examined. The analysis shows that ECOWAS efforts under the OCA theory, namely the Mundell (labor mobility), Kenen (response to shocks) and MacKinnon (trade openness) criteria leaves more to be desired. Achievements under the political criteria of the OCA, particularly on solidarity with regional ...
Economic Community of West African States (ECOWAS) seeks regional economic and monetary integration like the European Union (EU), but the success r...