collective responses. In part, this could be
done through the regular engagements at the
APR Forum of Heads of State and
Government. The APRM could also use its
convening power (perhaps in collaboration with
other structures in the AU) to organise
information-sharing and reflection sessions, to
assist countries in cooperating with one
another.
What the APRM does about fragmented
markets, market access and
expansion
The APRM addresses this issue in the Economic
Governance and Management (EGM) thematic area.
Objective 5 under this thematic area aims to: ‗Accelerate
and deepen regional integration in the monetary, trade
and investment domain.‘ The four questions intended to
focus the review process on the above Objective provide:
Bottleneck 4: Fragmented markets,
market access and expansion
Concept
Africa‘s division into a patchwork of 55 states – many
with very small populations and economies – has proved
a burden on its development. Globally, successful
countries are increasingly looking beyond their borders
for opportunities, since larger markets create bigger
opportunities. Echoing President Museveni, the
economist Paul Collier points out:89
Scale and specialisation, the cornerstones of
productivity, can take place only in large
markets. Most African countries constitute
small markets, and so trade with other
countries is critical to rising prosperity.
International trade is in Africa‘s blood: even in
the 12th century, African traders were
exchanging goods over huge distances. Yet
many countries are now economically isolated
because of a combination of inadequate
transport infrastructure and bureaucratic
impediments to the free flow of commerce.
Being small and isolated is, in economic terms,
a death sentence: people are trapped in the
inevitable poverty of low-productivity activities.
In addition, Objective 6 seeks to ‗develop and
implement trade and investment policies that
promote economic growth‗. Again, four of the six
questions under this Objective are directly relevant
to the issue of regional economic integration:
Question 1: ―To what extent are your
country‘s investment policies facilitative of
economic growth?‖
Question 2: ―To what extent do investment
authorities in your country coordinate,
exchange information and work with
counterparts in other countries?‖
Question 3: ―To what extent are your
country‘s trade policies facilitative of
economic growth?‖
Question 4: ―What measures has your
country taken to promote trade with other
countries, in particular intra-regional trade?
How successful have these measures
been?‖
Agenda 2063 aspires to an Africa that is a major social,
political and economic force in the world. It seeks ‗an
integrated continent, politically united based on the ideals
of Pan Africanism and the vision of Africa‘s
Renaissance‘.90 This envisages a continent that is united
politically and economically, which holds significant
developmental potential for the continent. Finally, it is
notable that this section is related to Bottlenecks no. 2
(interference with the private sector), no. 5 (lack of
industrialisation and low value addition), no. 6 (underdeveloped infrastructure), no. 7 (under-development of
human resources) no. 9 (under-development of
agriculture), and no. 9 (under-development of the
services sector).
89
90
Question 1: ‗What regional economic
organizations is your country a member of and
what are the advantages?‘
Question 2: ‗In which areas and to what extent
have your country‘s economic policies been
harmonized with those of the RECs you have
identified?‘
Question 3: ‗What are the challenges facing
your country in the various RECs it is a
member of? How can they be addressed?‘
Question 4: ‗To what degree are informal
cross-border economic transactions important
to your country‘s economy?‘
All this shows that regional integration and trade are
at the centre of the APRM initiative. In that spirit,
regional and continental integration is dealt with in a
number of the standards, including:
Collier P, „Reimagining the African
continent‟, Mail and Guardian Online (12
June 2015).
Agenda 2063, pp. 10-12.
28
AU, AU Constitutive Act (2000, Lomé, Togo)
AU, NEPAD Declaration on Democracy,
Political, Economic and Corporate Governance
(2002, Durban, South Africa)