Cities and African economic integration Cities and African economic

March 25, 2024 0 Comments

Integration Share on Twitter Share on Facebook Share on LinkedIn Compartment in Google Plus By José María Mella, emeritus professor at the Autonomous University of Madrid A new report from the United Nations Economic Commission for Africa has just appeared. It highlights the leadership role of cities to take advantage of the economic advantages that can be achieved with the economic integration of the continent, specifically with the Free Trade Agreement. As is known, the current economic context in Africa is characterized by two phenomena of extraordinary relevance: the urban explosion and regional trade integration.

In this sense, it is about identifying the strategic

Investments required by cities to enhance regional integration and the role that the Free Trade Agreement can play in the sustainable transformation of cities and the territorial development of the continent. In other words. The challenge is to design an economic policy that allows achieving  Italy WhatsApp Data greater economic growth, alleviating poverty and promoting social inclusion. Therefore, economic integration, accompanied by good policies. Can raise the population’s living standards, connecting cities to new markets and increasing access. To goods and services. In turn, trade integration can strengthen the system of medium and small cities. Promote greater connectivity of the countryside with the city and develop regional value chains. Political strategies are of great importance.

They must take into account Asian experiences

Teach that the development of the manufacturing sector could be a window of opportunity for the Philippines WhatsApp Number List  development of Africa. No other sector creates as many jobs. Strengthens regional value chains and stimulates the growth of a prosperous advanced economy. However, it is a complex process that requires infrastructure. A spirit open to the business world, good government and the internationalization of economies. These recommendations are based on   especially those that can be regional commercial.

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