Economic Commission For Afric A Perspective Of Foreign Direct Investment ( Fdi ) Inflows And Intra Trade Relations

1765 Words Sep 28th, 2014 8 Pages
Environmental scan
Economic commission for Africa: A perspective of foreign direct investment (FDI) inflows and intra-trade relations

Abraham Rukevwe Idogho

Summary of EC mandate
Primarily, the Economic commission for Africa (EC) pursue an “integrated economic agenda”, which calls for free trade and custom union agreements among the various trading blocs in Africa, and it also provides platforms for global demand for African exports, attract inflows of foreign direct investments (FDI), and negotiate favourable trade agreements with foreign equals. However, like most institutions, the EC responds to internal and external forces that can positively or negatively affect its operations. This paper attempts to present some of these potential threats or opportunities, within and outside the EC operational unit - as an “advisory guide” to policy makers of the EC. The structure of this environmental scan follows the guidelines of the performance branch of the Saskatchewan ministry of finance. However, after each sub heading, analysis or impacts of events will follow. A general conclusion/ synopsis concludes the paper

1.1. Broad external trends
Owing to globalization, almost any institution will one way or the other be affected by events outside its borders and the EC is no exception. This section will be focusing on some of these economic, demographic, and political trends that are unfolding outside the African continent, particularly in “developing Asia” , in China;…

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