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Tanzania’s Economic Growth Prospects through EAC and SADC Membership
- Authors: Glukhov Y.A1
-
Affiliations:
- Institute for African Studies, Russian Academy of Sciences
- Issue: No 12 (2024)
- Pages: 42-48
- Section: Politics, economics
- URL: https://ogarev-online.ru/0321-5075/article/view/273299
- DOI: https://doi.org/10.31857/S0321507524120057
- ID: 273299
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Abstract
The article examines the economic effects of Tanzania’s multiple membership in the East African Community (EAC) common market and the Southern African Development Community (SADC) free trade area. Over the past two or three decades, regional integration processes have intensified on the African continent, which have become an important component of the economic development of countries. Geographical and commodity structure of Tanzanian foreign trade in the first two decades of the 21st century has changed significantly: the position of the countries of East Africa has strengthened due to integration within the EAC and rapidly developing Asian economies, trade flows with the former metropolitan countries have weakened, trade with the south of the continent has diversified within the SADC.
About the authors
Y. A Glukhov
Institute for African Studies, Russian Academy of Sciences
Email: yaroslav.glukhov@inafr.ru
ORCID iD: 0000-0001-6356-2447
Junior Researcher Moscow, Russia
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