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Après un aperçu de la croissance de l’activité bancaire transfrontalière en Afrique, cet article souligne certains aspects du contexte opérationnel des banques africaines avant d’examiner quelques-uns des défis que pose leur activité transfrontalière aux autorités africaines de réglementation et de supervision financière et les mesures qui devraient être prises pour remédier à ces difficultés.
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Abstract not available.
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Cet article présente le processus d’intégration du marché des assurances dans les États membres de la CIMA et les acquis depuis sa mise en place, avant d’examiner les principaux défis de la régulation pour les prochaines années. En définissant un cadre juridique clair et en instaurant des standards de gestion et d’organisation cohérents, la CIMA a impulsé une pratique saine des opérations d’assurance. Un important travail d’assainissement du secteur a été effectué malgré les difficultés inhérentes à un environnement naguère peu coutumier d’une discipline forte. Les marchés connaissent encore de nombreuses faiblesses qui renvoient une image de l’assurance qui n’est pas rassurante sur une grande frange de la population. Des réformes sont nécessaires dans le domaine de la gouvernance, de l’adaptation aux standards internationaux et de l’instauration d’un marché unique.
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Development is understood to be an economic process that aims at a constant improvement of the well-being of all individuals who have the right to participate and benefits from the fruits of development. Development is also a right that requires a progressive realisation by governments, international communities and private sectors to the satisfaction of all individuals. A progressive realisation of this right requires a vibrant economy, which can be acquired through International trade and Foreign Direct Investment (FDI). It is in this context that this thesis has attempted to discuss the influence of FDI and International trade on development. The discussion was initiated by focusing on the history of the multilateral trade system (MTS) by looking at various Ministerial rounds of both the General Agreement on Tariffs and Trade (GATT) and the World Trade Organisation (WTO). In this discussion the thesis found that, whilst there are various multilateral political frameworks regulating trade, FDI is subject to regional and domestic political frameworks. The thesis also discussed development in relation to the millennium development goals (MGDs). It was established the goal eight of the MDGs requires the integration of poor countries into the MTS so that they can be able to exploit their comparative advantage. This goal influenced the launching of the Doha Development Agenda (DDA) at the Doha round in 2001. However, the thesis also established that conclusion of the DDA has been progressing at a slow pace. Therefore it has not yielded substantial results for poor countries. The failure to conclude the DDA has led to an increase of Regional Trade Agreements (RTAs), which some scholars view as a supplement of multilateral trade integration. However, the SADC region has not been able to conclude their integration objectives due to the fact that many member states belong to other RTAs. In the case of FDI the thesis established that FDI is accompanied by a wide range of resources for host countries, which can be utilised for enhancing development. However, it was also established that the SADC has not been able to attract lucrative FDI due to a wide range of factors that impede FDI. On this finding, a case study was employed on four countries in the region, namely Angola, Botswana, South Africa and Zimbabwe.
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This thesis was submitted for the degree of Doctor of Philosophy and awarded by Brunel University LondonThis study is an attempt at determining the normative legitimacy of the Economic Community of West African States (ECOWAS). At its core, it scrutinizes the current mandate of the organization following the layering of economic integration objectives with human rights protection, sustenance of democracy, and the rule of law. The study discusses the elements of legitimacy across disciplines mainly, international law, international relations and political science. Legitimacy is eventually split along two divides, the normative and descriptive/sociological aspects. The study traces the normative content (shared/common values) underlying integration in Africa, concluding that integration has been born on new ideals such as human rights, democracy and the rule of law. Expectedly, Regional Economic Communities (RECs) as building blocks of the prospective African Economic Community (AEC) under the African Union (AU) regime are mandated to play a vital role in moving the continent forward upon these values. The inquiry is extended to the institutions of ECOWAS to determine their capacity to effectively implement the new mandate of the organization and operate supranationally. In the process, key legal and institutional shortcomings are discussed, particularly in relation to national institutions. It is argued that while human rights protection enhances the normative legitimacy of ECOWAS, it must not be pursued in isolation. Economic integration and protection of citizens’ rights are co-terminus and mutually reinforcing. Hence, community institutions must reflect this link if they are to be effective. The study concludes on the note that, while ECOWAS possesses layers of legitimacy, and have carried out legitimation steps, it cannot be considered a legitimate organization if Member States continue to be non-compliant with community objectives and if key legal questions remain unaddressed. It is submitted that ECOWAS is merely undergoing legitimation, whether it can eventually be considered a legitimate organization is dependent on addressing the identified challenges
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