0704-883-0675     |      dataprojectng@gmail.com

AN APPRAISAL OF THE CONCEPT AND PRACTICE OF ECONOMIC INTEGRATION UNDER INTERNATIONAL LAW: A CASE STUDY OF ECOWAS

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: FOOTNOTE / ENDNOTE
  • Recommended for : Student Researchers
  • NGN 5000

ABSTRACT

The partitioning and subsequent introduction of European colonial governance in West Africa with its policy of legitimate trade in one or two cash crops to serve Europe‘s industrial needs eroded indigenous industrial skills and the basis for development of sustainable interactive economic activities in West Africa. As a result, by the time most of the new nation states of West Africa gained independence in the 1960s, they were left with structurally fragile and highly disarticulated economies with inherent acute and devastating price distortions in the international commodity markets, as currently being suffered by Nigeria and Ghana in relation to crude oil exports, and Cote d‘Ivoire in relation to its cocoa exports. These challenges were further exacerbated by issues such as bad governance, political instability, lack of adequate diversification, infrastructural deficit and lack of political will amongst others. It was this socio-economic disintegration that ECOWAS is designed to reverse, through the mechanism of economic cooperation and integration with a view to fostering sector development of member states concerned in wealth creation and enhanced standards of living for its citizens. In spite of this initiative, the hope of the sub-regional body remains largely unrealised owing to emerging challenges of poverty (which is made manifest in very low literacy levels, inadequate health care services most often reflected in very high maternal mortality, inadequate shelter, unaffordable goods and services amongst a host of other problems in member states), intra-state armed conflicts, bad governance, political instability and the global economic recession which are taking tolls on the development capacity of member states. This study answers to the problems of research. It aims at examining the ECOWAS Treaty and its application to the various imperatives of cooperation and integration of the economies of member states of ECOWAS. The study also focuses on examining the role of law and its implication on the concept and practice of economic integration, and to provide findings with relation to problems and prospects of economic integration. The study establishes these findings to include, low level of awareness of integration initiatives which has served to impede effective implementation of most of the initiatives primarily aimed at deflecting the negative effects of globalisation especially in the area of trade and commerce, particularly under the ECOWAS Trade Liberalisation Scheme (ETLS). The study also finds that poor governance and lack of political and institutional accountability is a common denominator of armed conflicts in most member states in the sub-region, and accounts in part for the failure of relevant agencies to perform substantially. An additional find, is the absence of a common supranational legal tool which constitutes a major impediment to cross border practice and accounts substantially for the slow pace of intra-regional trade across the sub-region. Flowing out of these findings, the study recommends the imperative of raising the level of awareness of national authorities, manufacturers and general public on the various integration initiatives of ECOWAS with a view to promoting inter-community trade, wealth creation and empowering community citizens, particularly when noted that ECOWAS has a large market that is vital for national and sub-regional development. It is also recommended that the Protocol on Democracy and Good Governance should be enforced with a view to sanctioning erring member states that violate the Protocol through the suspension of such erring members voting rights on all matters relating to the ECOWAS. The study additionally recommends the harmonisation of Business Laws with the aim of eliminating the existence of different legal systems in ECOWAS. This would assist in providing a more secure legal environment and provide for certainty of laws, thereby enhancing the pace of intra-regional trade in ECOWAS.




FIND OTHER RELATED TOPICS


Related Project Materials

An Appraisal of the Role of First-Time Voters in Shaping Electoral Outcomes in Shinkafi Local Government Area, Zamfara State

Background of the Study

First-time voters represent a critical demographic in the electoral process, of...

Read more
EVALUATION OF THE IMPACT OF ENVIRONMENTAL LAW THE POLITICS OF EARTH PROTECTION

BACKGROUND TO THE STUDY

Environmental laws are meant to safeguard humans from extinction. It is also th...

Read more
TELEVISION VIEWERSHIP PATTERN OF CIVIL SERVANTS IN JOS METROPOLIS

Abstract

This study sought to find out the perceived Television viewership pattern of Civil Servants  . It attempte...

Read more
The Influence of Media Framing on National Security Perception in Katsina-Ala LGA, Benue State

Chapter One: Introduction

1.1 Background of the Study

Implementation of Quantum Computing for Enhancing Smart Water Management Systems in Sokoto North Local Government, Sokoto State

Background of the Study

Water management is a critical issue in many parts of Nigeria, especially in regions like Sokoto...

Read more
The effect of economic hardship on maternal healthcare utilization in Kano State

Background of the Study

Economic hardship remains a pervasive challenge in many parts of Nigeria, with Kano State being no exception. In...

Read more
EFFECT OF APPLIED ORIENTATION AND MOBILITY PROGRAMME ON ATTITUDE AND ACHIEVEMENT IN GEOMETRY OF LEARNERS WITH VISUAL IMPAIRMENT IN ABUJA AND GINDIRI, NIGERIA

ABSTRACT

Geometry and on larger scale mathematics was not taught to learners with visual impairment and so they do not write public exami...

Read more
The Role of IT Project Management Methodologies in Successful System Implementation: A Study of Corporate Organizations in Bauchi State

Background of the Study

Effective IT project management methodologies are critical for the successful implementation of systems in corpor...

Read more
EFFECT OF PHYSICAL WORKING ENVIRONMENT ON ORGANIZATIONAL PERFORMANCE IN NIGERIA

ABSTRACT

The main objective of this study is to examine the effect of physical working environment on o...

Read more
An Appraisal of Youth Participation in Local Governance in Mubi North Local Government, Adamawa State

Background of the Study

Youth participation in governance is essential for building inclusive and democratic societies,...

Read more
Share this page with your friends




whatsapp