Contents
Economic Community Of West African States
Summary of Economic Community Of West African States
An organization of sixteen West African states committed to the elimination of trade barriers among the member states and the promotion of economic development in the region. Formed at Lagos, Nigeria, in 1975, the group, known commonly by the acronym ECOWAS, has identified the following areas as targets for action: immediate elimination of tariffs and barriers to trade in locally produced raw materials, with elimination of barriers on industrial products by 1989; elimination of nontariff barriers by 1985; establishment of a special fund to promote internal telecommunications; and formation of a common defense organization. The following states were members of ECOWAS in 1984: Benin, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone, Togo, Upper Volta.
(Main Author: William J. Miller)
Introduction to Economic Community of West African States
Economic Community of West African States (ECOWAS), organization to encourage economic, social, and cultural development in West Africa. Founded in 1975 by the Treaty of Lagos, ECOWAS began operation in 1977. Its 16 member states are Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone, and Togo. ECOWAS is administered through a secretariat, which is based in Lagos, Nigeria. Since its inception, ECOWAS has moved to liberalize trade by gradually reducing restrictions on the movement of goods, services, and people between member states. It has also improved communications and transport within the region. Some member governments, however, have been slow to implement agreed-upon policies at a national level and to pay their contribution to community funds.
ECOWAS played a significant military role in the region during the 1990s. The organization set up mechanisms in 1990 to mediate disputes between its members, all of whom are pledged to mutual nonaggression. In the same year the ECOWAS Monitoring Group (ECOMOG), a peacekeeping force, was sent to Liberia to try to mediate a year-old civil war. ECOWAS efforts to finalize a peace settlement and establish a government acceptable to all Liberian factions failed initially, and fighting continued through 1993. However, by the end of that year ECOWAS had helped to oversee the negotiation of a peace treaty and the setting up of a transitional government, which took power in 1994. When fighting again erupted between factions in early 1996, ECOMOG forces occupied the Liberian capital of Monrovia. ” (1)
Resources
See Also
- International Organization
- Foreign Relations
- Intergovernmental Organization
- Regional Organization
- Regional Integration
Resources
Notes and References
Guide to Economic Community of West African States
Economic Community of West African States (ECOWAS) or Communaute Economique des Etats de l’ Afrique de l’Ouest (CEDEAO) in relation with International Trade
In the context of trade organizations, Christopher Mark (1993) provided the following definition of Economic Community of West African States (ECOWAS) or Communaute Economique des Etats de l’ Afrique de l’Ouest (CEDEAO): A customs union including Benin, Burkina Paso, Cape Verde, Equatorial Guinea, Ivory coast, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone, and Togo, founded in 1975. Objectives include phased elimination of tariffs and nontariff restrictions on intra-regional trade in manufactured goods; liberalization of intra-regional ttade in agriculture; establishment of a common external tariff; removal of restrictions on the movement of capital, services, and labor; harmonization of agricultural and industrial policies; and creation of a monetary union. Inconsistency of members’ commercial policies –due in part to membership ~n other preferential trading arrangements –has contributed to negligible progress in the reduction of intra-regional trade barriers. The common external tariff was not implemented in 1990 as scheduled. Some progress in telecommunications and transport cooperation has been achieved.
Hierarchical Display of Economic Community of West African States
International Organisations > Extra-European organisations > African organisation
Geography > Economic geography > Ecowas countries
Economic Community of West African States
Concept of Economic Community of West African States
See the dictionary definition of Economic Community of West African States.
Characteristics of Economic Community of West African States
[rtbs name=”xxx-xxx”]
Resources
Translation of Economic Community of West African States
- Spanish: Comunidad Económica de los Estados de África Occidental
- French: Communauté économique des États de l’Afrique de l’Ouest
- German: Wirtschaftsgemeinschaft westafrikanischer Staaten
- Italian: Comunità economica degli Stati dell’Africa occidentale
- Portuguese: Comunidade Económica dos Estados da África Ocidental
- Polish: Wspólnota Gospodarcza Państw Afryki Zachodniej
Thesaurus of Economic Community of West African States
International Organisations > Extra-European organisations > African organisation > Economic Community of West African States
Geography > Economic geography > Ecowas countries > Economic Community of West African States
See also
- Ecowas
Related Entries of the International Encyclopedia:
- Economic Community Of The West African States Economic Community of the West African States OutlineThe community was meant to be a customs union and was based on a treaty signed in 1975. Its membership consists of the Ivory Coast, Mali, Mauritania, Niger, Senegal, Upper Volta, Benin, Gambia, Ghana, Guinea, Guinea-Bissau, Nigeria, Togo......
- West African Economic Community West African Economic Community Outline Also called "Communauté Economique de l'Afrique Occidentale". The CEAO was established in 1973. It consists of a number of West African countries, such as the Ivory Coast, Mali, Mauritania, Niger, Senegal and Upper Volta. A Communi......
- Economic Community of Central African States Economic Community of Central African States or Communaute Economique des Etats de I' Afrique Centrale (CEEAC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Economic Community of Central African [...]...
- Organization For European Economic Cooperation Organization For European Economic Cooperation Summary of Organization For European Economic Cooperation A post-World War II organization established to coordinate the reconstruction of Europe. The OEEC arose in response to an Anglo-French declaration in 1947 calling for European [...]...
- European Development Fund EDF and the Treaties of the European Union Description of EDF provided by the European Union Commission: The European Development Fund is the main instrument for Community aid for development cooperation in the African, Caribbean and Pacific (ACP) countries and the Overseas Countries and [...]...
- West African Economic and Monetary Union West African Economic and Monetary Union or Union Economique et Monetaire Ouest africaine (UEMOA) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of West African Economic and Monetary Union or Union [...]...
- Economic Community of West Africa Contents Economic Community of West Africa Economic Community of West Africa and the Peaceful Settlement of Disputes As to disputes ... Read more...
- EC EC and Europe There is an entry on ec in the European legal encyclopedia. EC and the European Union Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration Resources See Also European Community Resources See [...]...
- Community Preference Summary of Community Preference A component principle of the Common Agricultural Policy (read this and related legal terms for further details) of the European Economic Community.(Main Author: William J. Miller) Community Preference and Europe There is an entry on community [...]...
- Regional Organizations Regional organizations are, under some perspectives, international organizations, as they are members of the international community and encompass geopolitical entities that, in their operations or activities, transcend a single state or country. However, its membership is characterized by [...]...
- Central African Customs and Economic Union Central African Customs And Economic Union Central African Customs and Economic Union Outline The Central African Customs and Economic Union (CACEU or UDEAC: Union Douanier et Economique de l'Afrique Centrale) The union came into existence in 1966 pursuant to a treaty signed in 1964 by [...]...
- African Law History of the African Law African Law in the Precolonial Period For more information about this section, in the context of the legal history, see the main entry in this legal encyclopedia. African Law in the Colonial Period For more information about this section, in the context of the [...]...
- European Free Trade Association Summary of European Free Trade Association A free trade area consisting of seven European countries among which tariffs and quantitative restrictions on industrial imports have been eliminated. Established in 1960 by the Stockholm Convention, EFTA originally included Austria, Denmark, [...]...
- European Political Community European Political Community and Europe There is an entry on european political community in the European legal encyclopedia. Resources See Also Further Reading Entry "European Political Community" in the work "A Concise Encyclopedia of the European Union from Aachen to [...]...
- Commission of the European Community Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration...
- Economic Development Financing Literature Review on Economic Development Financing In the Encyclopedia of Public Administration and Public Policy, [1] William L. Waugh offers the following summary about the topic of Economic Development Financing: Economic development is a policy priority for most local, regional, and [...]...
- EAC The East African Community, abbreviated as EAC, is a regional intergovernmental organisation with its headquarters in Arusha (Tanzania), consisting of the following member countries: Burundi BI Rwanda RW Uganda UG Kenya KE Tanzania TZ The Treaty for Establishment of the East African [...]...
- EEC Embracing mainstream international law, this section on eec explores the context, history and effect of the area of the law covered here. EEC and Europe There is an entry on eec in the European legal encyclopedia. EEC and the European Union Resources See Also International Organization [...]...
- South Pacific Regional Trade and Economic Cooperation Agreement South Pacific Regional Trade and Economic Cooperation Agreement in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of South Pacific Regional Trade and Economic Cooperation Agreement (SPARTECA): A non-reciprocal [...]...
- Regionalization Regionalization Further ReadingA concise encyclopedia of the United Nations (including Regionalization , H Volger, KA Annan -2010) The Oxford Handbook on the United Nations (TG Weiss - 2007) International Law: A Dictionary (including Regionalization , Boczek, Boleslaw Adam -2005)...
- United Nations Economic Commission for Europe United Nations Economic Commission for Europe (UNECE) The United Nations Economic Commission for Europe, abbreviated as UNECE, is one of five regional commissions of the United Nations. UNECE was set up in 1947 to promote pan-European economic integration. To do so, it groups 56 countries [...]...
- Black Sea Economic Cooperation Black Sea Economic Cooperation (BSEC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Black Sea Economic Cooperation (BSEC): A regional cooperation organization including Albania, Armenia, Azerbaijan, [...]...
- Efta Efta Efta in International Trade Meaning of Efta, according to the Dictionary of International Trade (Global Negotiator): The European Free Trade Association is an intergovernmental organization set up for the promotion of free trade and economic integration to the benefit of its four Member [...]...
- African Economic Community Embracing mainstream international law, this section on African economic community explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "African economic community" in the Parry and Grant Encyclopaedic Dictionary of [...]...
- Council of Baltic Sea States Council of Baltic Sea States (CBSS) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Council of Baltic Sea States (CBSS): A regional cooperation organization including Denmark, the EC Commission, Estonia, [...]...
- Community Organizations Literature Review on Economic Development: Community Organizations In the Encyclopedia of Public Administration and Public Policy, [1] Herbert J. Rubin offers the following summary about the topic of Economic Development in Community Organizations : To bring about equity in economic [...]...
- Defense Community European Defence Community (EDC) and Europe There is an entry on european defence community (edc) in the European legal encyclopedia. Resources See Also Further Reading Entry "European Defence Community (EDC)" in the work "A Concise Encyclopedia of the European Union from [...]...
- Organisation for Economic Cooperation and Development (OECD) Literature Review on Organisation for Economic Cooperation and Development (OECD) In the Encyclopedia of Public Administration and Public Policy, [1] Kerstin Martens offers the following summary about the topic of Organisation for Economic Cooperation and Development (OECD): This entry [...]...
- Economic Reform in Muslim Majority Countries Economic Reform In Muslim Majority Countries in 2016 In countries with predominantly Muslim populations, the pursuit of economic growth is one way of achieving sustainable social benefits that can reduce some of the pressures that may lead some to turn to violent extremism. In 2016, the United [...]...
- South Asian Association for Regional Cooperation South Asian Association for Regional Cooperation (SAARC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of South Asian Association for Regional Cooperation (SAARC): A regional cooperation organization [...]...
- EC Commission EC Commission in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of EC Commission: The "executive branch" of the European Community, which is responsible for carrying out policies approved by the EC [...]...
- European Regional Development Fund European Regional Development Fund (ERDF) and the European Union Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration Resources See Also Structural funds...
- Economic and Social Committee Economic and Social Committee (ESC) and Europe There is an entry on economic and social committee (esc) in the European legal encyclopedia. Economic and Social Committee and the European Union Resources See Also ESC Resources See Also Further Reading Entry "Economic and Social [...]...
- European Communities Summary of European Communities The name for the collective institution that embraces the European Economic Community, the European Atomic Energy Community, and the European Coal And Steel Community (qq.v.). Each of the three entities was established by separate convention, the earliest of [...]...
- EURATOM Embracing mainstream international law, this section on euratom explores the context, history and effect of the area of the law covered here. Euratom (European Atomic Energy Community) and Europe There is an entry on euratom (european atomic energy community) in the European legal [...]...
- International Organizations Cross References International Organizations Cross-References International Organizations are Institutions which have membership from several states, and they are usually international in scope. ... Read more...
- Economic Partnership Agreements EPA and the Treaties of the European Union Description of EPA provided by the European Union Commission: Economic Partnership Agreements: The ACP countries and the EU have agreed to enter into economic integration agreements - concluding newWTO compatible trading arrangements, progressively [...]...
- Caricom Caricom Caricom in International Trade Meaning of Caricom, according to the Dictionary of International Trade (Global Negotiator): The Caribbean Community Market (CARICOM) is an organization of 15 Caribbean nations established in 1973 whose main purposes are to promote economic integration and [...]...
- World Economic Forum World Economic Forum in International Trade Meaning of World Economic Forum, according to the Dictionary of International Trade (Global Negotiator): International institution established in 1971 in Geneva, Switzerland, committed to improving the state of the world through public-private [...]...
- African, Caribbean and Pacific Countries Group African, Caribbean and Pacific countries (ACP) Group and the Treaties of the European Union Description of African, Caribbean and Pacific countries (ACP) Group provided by the European Union Commission: The African, Caribbean and Pacific countries (ACP) Group was formed when the first [...]...
- Economic Area European Economic Area (EEA) and Europe There is an entry on european economic area (eea) in the European legal encyclopedia. Resources See Also Further Reading Entry "European Economic Area (EEA)" in the work "A Concise Encyclopedia of the European Union from Aachen to [...]...
- Common Market Summary of Common Market A supranational organization of trading nations, created to promote economic collaboration and minimize constraints on the free movement of goods among the member states. Features of a common market include elimination of tariffs on goods moving between member [...]...
- WEU WEU (Western European Union) and Europe There is an entry on weu (western european union) in the European legal encyclopedia. Common Foreign and Security Policy, NATO and WEU and the European Union WEU and the European Union Resources See Also International Organization Foreign Relations [...]...
- Community Method Community Method and Europe There is an entry on community method in the European legal encyclopedia. Resources See Also Further Reading Entry "Community Method" in the work "A Concise Encyclopedia of the European Union from Aachen to Zollverein", by Rodney Leach (Profile [...]...
- Economic Reform in Muslim Africa Economic Reform In Muslim Africa in 2016 Through the West Africa Trade and Investment Hub, USAID supports integration of the region and with the rest of the world. Often in partnership with the Economic Community of West African States (ECOWAS), USAID helps to improve customs regulation and [...]...
- ECSC Embracing mainstream international law, this section on ecsc explores the context, history and effect of the area of the law covered here. ECSC and the European Union Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional [...]...
- European Economic Interest Grouping European Economic Interest Grouping and Europe There is an entry on european economic interest grouping in the European legal encyclopedia. Resources See Also Further Reading Entry "European Economic Interest Grouping" in the work "A Concise Encyclopedia of the European Union [...]...
- Customs Union Summary of Customs Union An arrangement among participating countries whereby tariffs are eliminated or virtually eliminated on products moving between members, and a common external tariff (read this and related legal terms for further details) is adopted to provide uniform treatment to [...]...
- European Payments Union Summary of European Payments Union An intra-European mechanism for the periodic settlement of trade balances. The EPU was established July 1, 1950, among the members of the Organization for European Economic Cooperation (read this and related legal terms for further details) (OEEC) to [...]...
- East African Community East African Community (EAC) The East African Community, abbreviated as EAC, is a regional intergovernmental organisation with its headquarters in Arusha (Tanzania), consisting of the following member countries: Burundi BI Rwanda RW Uganda UG Kenya KE Tanzania TZ The Treaty for [...]...
- Central American Bank for Economic Integration Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration...
- Organization of Central American States Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration...
- Permanent Secretariat of the General Treaty on Central American Economic Integration Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration...
- African Cultures Indigenous Knowledge Systems: African Cultures and Management Philosophy, the Law and other Social Sciences This conceptual paper draws attention to the relevance of cultures to management philosophy with the purpose of contributing to a culturally viable practice of management in Africa. It [...]...
- Council on Mutual Economic Assistance Council on Mutual Economic Assistance (CEMA, CMEA or COMECON) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Council on Mutual Economic Assistance (CEMA, CMEA or COMECON): Formed in 1949, CEMA was a [...]...
- High Tribunals Iraqi High Tribunal Embracing mainstream international law, this section on iraqi high tribunal explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "iraqi high tribunal" in the Parry and Grant Encyclopaedic Dictionary of [...]...
- European Trade Union Confederation Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration...
- EEA See EEA disambiguation page for other meanings of EEA The European Economic Area, abbreviated as EEA, consists of the 28 Member States of the European Union (EU) and three countries of the European Free Trade Association (EFTA) (all except Switzerland, namely: Iceland, Liechtenstein and [...]...
- Western European Union Embracing mainstream international law, this section on western european union explores the context, history and effect of the area of the law covered here. Western European Union and the European Union Resources See Also International Organization Foreign Relations Intergovernmental [...]...
- List of Institutions and Multilateral Treaties with Pacific Settlement of Disputes among Members Contents List of Institutions and Multilateral Treaties with Pacific Settlement of Disputes among Members Introduction This list compries most of ... Read more...
- United Nations Economic and Social Development Functions of the UN: Economic and Social DevelopmentIntroduction to United Nations Economic and Social DevelopmentThe second major function of the UN is to promote economic and social development worldwide. The UN engages in a myriad of activities and sponsors a large number of age......
- Europe Central and East European Countries (CEECs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Central and East European Countries (CEECs): Includes Albania, Bulgaria, the Czech Republic, [...]...
- Wto Agreement in European Community Law The WTO Agreement in European Community Law: Status, Effect and Enforcement and the World Trade Organization The WTO Agreement in European Community Law: Status, Effect and Enforcement in relation to the World Trade Organization (WTO) covers several issues....
- Alliance For Progress Alliance For Progress Summary of Alliance For Progress An economic development program for Latin America sponsored by the Organization of American States (OAS) at the 1961 Punta del Este Conference. The program called for ten years of concerted efforts directed towards economic growth, [...]...
- Pacific Basic Economic Council Pacific Basic Economic Council (PBEC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Pacific Basic Economic Council (PBEC): A consultative grouping comprising government and private-sector representatives [...]...
- West Indies Associated States Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration...
- Economic Community of Great Lakes Countries Economic Community of Great Lakes Countries or Communaute Economique des Pays des Grands Lacs (CEPGL) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Economic Community of Great Lakes Countries or [...]...
- Economic Community European Economic Community (EEC) and Europe There is an entry on european economic community (eec) in the European legal encyclopedia. Resources See Also Further Reading Entry "European Economic Community (EEC)" in the work "A Concise Encyclopedia of the European Union from [...]...
- European Economic Community Summary of European Economic Community One of the three components of the European Communities. In March 1957, the members of the European Coal and Steel Community (France, Federal Republic of Germany, Italy, and the Benelux countries) expanded the sphere of economic cooperation through the [...]...
- African, Caribbean and Pacific Group of States Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration...
- Report To The Council And Commission On Economic And Monetary Union In The Community A report from 1970. See Werner Report Community.......
- African, Caribbean And Pacific States African, Caribbean and Pacific States Outline(The ACP) is not an international economic organization in the sense of a regional economic union, such as the EU and ASEAN. But it is a political voice in the international economic relationships of the countries. For example, the ACP as a poli......
- Southern African Development Community Southern African Development Community (SADC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Southern African Development Community (SADC): A regional cooperation organization including Angola, Botswana, [...]...
- Economic Rights and Duties of States Embracing mainstream international law, this section on economic rights and duties of states explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "states, economic rights and duties of" in the Parry and Grant Encyclopaedic [...]...
- Economic Court of the Commonwealth of Independent States The Economic Court of the Commonwealth of Independent States Name The Economic Court of the Commonwealth of Independent States is the standarized name of one of the International Courts and Tribunals (see the entries in this legal Encyclopedia about court rules and procedural law for more [...]...
- European Community Member States Resources See Also Legal System Country Jurisdiction Immigration Consulate...
- East- West Trade A general reference to trade between the industrial nations of the West, particularly those nations that are members of the Organization for Economic Cooperation and Development ("https://lawin.org/list-of-international-trade-law-terms/">read this and related legal terms for [...]...
- Economic Union Summary of Economic Union Also known as an economic community, an advanced form of economic integration on the part of several states. The economic union incorporates the features of a Common market (read this and related legal terms for further details)—unrestricted free trade among [...]...
- Organization for Economic Cooperation and Development Organization For Economic Cooperation And Development (OECD) Summary of Organization For Economic Cooperation And Development An association of industrial countries formed in 1961 to promote the economic well-being of its member countries while contributing to the development of the world [...]...
- Economic Cooperation Organization Introduction to Economic Cooperation Organization Economic Cooperation Organization (ECO), an organization that promotes economic and cultural cooperation between Islamic states (see Islam). Established in 1985, its original members were Iran, Pakistan, and Turkey. The conclusion of the Sovi......
- European Atomic Energy Community Summary of European Atomic Energy Community One of the three components of the European Communities, established by the Treaty of Rome in 1957. The entity, known commonly as Euratom, was created by member states of the European Coal and Steel Community (at that time, France, Italy, Federal [...]...
- European Coal And Steel Community European Coal And Steel Community Summary of European Coal And Steel Community One of three component entities within the European Communities, the coal and steel organization was formed following World War II to permit member states to equalize their access to iron and steel resources. The [...]...
- Caribbean Community and Common Market Caribbean Community and Common Market (CARICOM), organization established in 1973 to promote regional unity and to coordinate economic and foreign policy among Caribbean nations. Member countries include Antigua and Barbuda, Barbados, Belize, Dominica, G......
- Charter Of Economic Rights And Duties Of States Charter Of Economic Rights And Duties Of States Charter of Economic Rights and Duties of States Further Reading A concise encyclopedia of the United Nations (including Charter of Economic Rights and Duties of States , H Volger, KA Annan -2010) The Oxford Handbook on the United Nations (TG [...]...
- Organization of African Unity Organization of African Unity and the Peaceful Settlement of Disputes Based on the Handbook on Peaceful Settlement of Disputes between States (1992, United Nations): Article XIX of the OAU Charter lays down the principle of peaceful settlement of disputes and provides for the establishment [...]...
- West Africa The Legal History of West Africa This section provides an overview of West Africa Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration Resources See Also Legal Biography Legal Traditions Historical Laws [...]...
- Southern African Customs Union Southern African Customs Union (SACU) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Southern African Customs Union (SACU): A customs union including Botswana, Lesotho, Namibia, South Africa, and [...]...
- Economic Friction Cultural, religious, or ideological perspectives that interfere with and distort opportunities for trade or economic advancement.......
- Economic Integration Summary of Economic Integration The process of unifying two or more national economies through conscious coordination of trade, fiscal, and monetary activities. Economic integration is normally preceded by the reduction or abolition of tariffs, quotas, and similar constraints upon trade [...]...
- Economic Mobilization The orchestration and direction of a nation's economic resources under governmental auspices, toward the attainment of a clear national goal, such as the prosecution of a war. Mobilization may involve the allocation of labor and raw materials to essential projects on a priority basis, rationing ......
- Economic Nationalism A conscious, articulated national drive toward economic self-sufficiency. Economic nationalism is comparable to Autarchy (read this and related legal terms for further details) but does not mandate the economic isolation......
- Caribbean Community Caribbean Community Outline The Caribbean Community was based on the Treaty of Chaguaramas, signed in 1973. It consists of a number of Caribbean islands, including Antigua, Anguilla, Barbados, Guyana, Jamaica, Trinidad and Tobago, Grenada, Dominica, St Vincent-Grenadines, St Lucia, St [...]...
- Andean Community Andean Community, organization of South American countries located along the Andes Mountains, whose aim is to facilitate development of member nations through economic and social cooperation. The Andean Community (also known as the Andean Group) was established in 1969 by authority of an [...]...
- European Economic Area European Economic Area and the Treaties of the European Union Description of European Economic Area provided by the European Union Commission: Agreement Between the Community, and three Member States of the European Free Trade Area (EFTA)(not Switzerland) entered into force on 1 January 2004 [...]...
- European Community European Community (EC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of European Community (EC): (Previously known as the European Economic Community, or EEC; the term "European Communities" [...]...
- Economic Strategy Institute Economic Strategy Institute in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Economic Strategy Institute: A private organization based in Washington, DC, that conducts studies and makes policy [...]...
- Economic And Social Council Of The United Nations Economic and Social Council of the United Nations OutlineECOSOC is one of the major organs of the UN, consisting of 54 members. Its main function is to develop and coordinate social and economic policies of UN members. There are five regional commissions under ECOSOC: the Economic Commissio......
- Organization Of Eastern Caribbean States Organization Of Eastern Caribbean States Organization of Eastern Caribbean States Outline The organization was established in 1981 for the purpose of improving political and economic cooperation between its members and attracting investment to the region. It consists of Antigua, Dominica, [...]...
- Organization of East Caribbean States Organization of East Caribbean States (OECS) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Organization of East Caribbean States (OECS): A customs union including Antigua and Barbuda, Dominica, Grenada, [...]...
- Commonwealth of Independent States Commonwealth of Independent States (CIS) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Commonwealth of Independent States (CIS): An organization of II countries -- including all former Soviet republics [...]...
- African Development Bank African Development Bank Outline The agreement to establish the AfDB came into existence in 1964, and the bank began to operate in 1966. Its membership is open to both African and non-African countries. There are about 75 members in the bank. As a regional development bank, the AfDB provides [...]...
- African Union Definition of African Union Within the context of international organizations, the following is a brief meaning of african union: African Union (AU) is the successor of Organisation of African Unity (OAU) and came into existence in 2002 at Durban summit in South Africa. Its headquarters are [...]...
- Central American Common Market Summary of Central American Common Market A free trade area among the nations of Central America, established in 1960 by a treaty between El Salvador, Guatemala, Honduras, and Nicaragua. The common market began operations in 1961, and Costa Rica joined the group in 1962. Honduras dropped [...]...
- African Petroleum Producers' Association African Petroleum Producers' Association OutlineThe APPA was established in 1987 by Algeria, Angola, Benin, Cameroon, Congo, Gabon, Libya and Nigeria in Lagos, Nigeria. The aim of the association is to promote policy cooperation, technical assistance and exchange of information in the d......
- West Tax Law Dictionary West Tax Law Dictionary Some of the topix covered: 3050 – Accounting Method (641) 3051 – Accrual Method (898) 3052 ... Read more...
- International Economic Law Legal Issues International economic law is more likely to fall under the rubric of public international law, as it deals with international economic relationships between states. See, for example, Petersmann, 'International Economic Theory and International Economic Law: On the Tasks of a [...]...
- Community Law Community Law, law of the member states of the European Union (EU), as adopted by the union's Council of Ministers. The European Court of Justice interprets and applies EU law. Community law forms part of the law of states and prevails over national law. (1) Community Law and Europe There [...]...
- Economic Vulnerability Economic Vulnerability and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economic Vulnerability: In the context of trade relations, the proportion of a country's GNP accounted for by exports and imports [...]...
- Economic Profit Economic Profit and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economic Profit: The amount by which a producer's income exceeds total operating costs, including the cost of capital provided by the [...]...
- Economic Rent Economic Rent and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economic Rent: The gain to a producer or resource owner resulting from a trade barrier or other restriction of supply that leads to a higher [...]...
- Economic Summit Economic Summit and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Economic Summit: Although the term can be used more generally, its most prominent use is in referring to the annual [...]...
- Economic Order New International Economic Order (NIEO) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of New International Economic Order (NIEO): An agenda for discussions between industrial and [...]...
- Economic Sanctions UN Sanctions against Iran Note: for more information, click here. United Nations Sanctions against Iran by Title, Description and Date: UN Security Council Resolution 1696: Resolution expressing the Security Council's concern about the direction of Iran's nuclear program. (July 31, [...]...
- Organization of African Trade Union Unity Resources See Also International Organization Foreign Relations Intergovernmental Organization Regional Organization Regional Integration...
- Benelux Economic Union Benelux Economic Union Outline The Benelux Economic Union was based on the Treaty of Economic Union signed by Belgium, Luxembourg and the Netherlands in The Hague in 1958. The treaty came into force in 1960, but the economic cooperation among the three countries goes back a long way to 1932, [...]...
- Latin American Economic System Latin American Economic System Outline SELA was established in 1975 for Latin American states only. It is a permanent advisory organization for promoting cooperation between members or between members and non-members. Due to the nature of the organization, it only plays a role at policy level, [...]...
- Economic And Social Council Introduction to Economic and Social Council Economic and Social Council (ECOSOC), one of the six principal organs of the United Nations, composed of representatives of 54 countries. Each year 18 members are elected by the UN General Assembly for 3-year terms. ECOSOC's early activities were [...]...
- Asia Pacific Economic Cooperation Asia Pacific Economic Cooperation (APEC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Asia Pacific Economic Cooperation (APEC): A regional cooperation organization including Australia, Brunei. Canada. [...]...
- Carribbean Community And Common Market Commonly known as Caricom, the successor organization to the defunct Caribbean Free Trade Association (Carifta). The object of CARICOM was to stimulate regional development through the adoption of a common external tariff and uniform protectionist measures, harmonization of fiscal affairs, and conce......
- United States Trade Representative An office, with ambassadorial rank, created by Congress to direct U.S. trade negotiations during the Kennedy and Tokyo Rounds. Known previously as the special trade representative and the special representative for trade negotiations, the office was reorganized with expanded powers by Executive [...]...