ANALYSIS OF COMESA MACROECONOMIC CONVERGENCE CRITERIA

Authors

  • Jean Lucien Razafindrakoto Senior Lecturer at the Economics Department, University of Antananarivo, Madagascar
  • Jean Razafindravonona Associate Professor at the Faculty of Economics, Management and Sociology, University of Antananarivo, Madagascar

Keywords:

Macroeconomic convergence criteria, Multiple memberships, Regional Economic Community, Regional integration, COMESA

Abstract

This paper shed lights on the issue of macroeconomic convergence criteria through the analysis of its drawbacks due to overlapping membership found in many African countries. This paper wants to provide information to policy makers in many African countries with the same dilemma by explaining, first why multiple memberships is a hindrance to development and then criticizes the actual approach of regional economic community rationalization. The main results show that despite the difficulty of following different criteria many countries continue to be member of more than one Regional Economic Community.

Published

2023-08-28

How to Cite

Jean Lucien Razafindrakoto, & Jean Razafindravonona. (2023). ANALYSIS OF COMESA MACROECONOMIC CONVERGENCE CRITERIA. Research Retrieval and Academic Letters, (3). Retrieved from https://ojs.publisher.agency/index.php/RRAL/article/view/2059

Issue

No. 3 (2023): Research Retrieval and Academic Letters

Section

Economic Sciences