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          Domestic Preparedness for Trade in Services Liberalization: Are East African Countries Prepared for Further Trade Liberalization? (English)
          Discussion paper by E.P Bagumhe, 2011, 24 pages
          Categories: Regional and Bilateral Trade Agreements, VI Members Research, WTO Issues/Multilateral Trading System

          Over the past decades East African Countries have witnessed even faster growing rates of the share of trade services in their GDPs. This paper argues that although the importance of services as a share of overall GDP, increase with growth on FDI and employment. Its growth can be driven by number of factors, such as final demand factors and basic structural changes in production, linked to development. Weak domestic preparedness before opening up is likely to be associated with unsatisfactory and undesirable outcomes of Services Trade liberalization. This paper tries to expound issues that are essential on domestic preparedness for Service Trade Liberalization and analyses the associated concerns. The purpose of this paper is not to provide answers but to shed some light on how services Trade liberalization is currently operationalized in the East African Countries, in particular, that is, to open up the “black box,” and indicate the operational design elements around which variance is the highest.

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          Feasibility and Implication of East African Community Monetary Union (English)
          Article by E.P Bagumhe, 2013, 31 pages
          Categories: Regional and Bilateral Trade Agreements, VI Members Research

          This paper , seeks to employ the Bayoumi and Eichengreen’s (1997) OCA Index methodology as a framework of analysis to examine this objective of EAC. The paper will proceed by providing a brief historical background of monetary and economic arrangements in East African Community. Part two of this paper will review both the theoretical and empirical literature with a view of the theoretical prediction towards the OCA. The specific objective of this paper is to answer four policy questions; Will individual countries increase their welfare when they abolish their national Currency and adopt some currency of a wider area, what is the ideal arrangement of forming regional currency blocs before reaching a complete monetary integration? Thirdly, what is the similarity of output movements of the EAC partner’s states? Fourthly, Does the EAC Partner states meet the convergence criteria as proposed by OCA theory.

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