East African Community

What are the factors that contribute to thebreakdown of economic development communityA CASE analyze OF EAST AFRICA COMMUNITY (EAC[Instructor][Instructor][Course][Date]WHAT ARE THE FACTORS THAT CONTRIBUTE TO THE BREAKDOWNOF ECONOMIC festering COMMUNITYA CASE STUDY OF EAST AFRICAN ECONOMY (EACEXECUTIVE SUMMARYThis pillowcase study is made possible with the objectives of determining the factors which contribute to the disposal and re governance of the (EAC ) including the reasons behind the break-up of the triplet unified countries of Kenya , Uganda , and TanzaniaThe deliver the goods discussions leave focus on the variables that contribute to the break-up and /or go up of EAC which let in growth appraise education /literacy lay out , interest rate , exchange rate , resources exports and imports , health , and governme ntal concernsThe discussions are part into sub-titles which include the background of the concerned countries and the EAC , the aims of AEC , its organisational structure , its problems , the revival of EAC , the goals and objectives of EAC , analysis of available data , findings , the analysis and conclusion , and the recommendationsINTRODUCTION (EAC ) is a regional inter-governmental economic accommodative consisting of lead eastern hemisphere African countries of Kenya , Uganda and Tanzania with its headquarters located at Arusha , Tanzania . Burundi and Rwanda will marrow on July 2007 as resolved during the HYPERLINK http / web .eac .int / impertinently(a)s_2006_8th_summit_communique .pdf \o http /www .eac .int /news_2006_8th_summit_communique .pdf Joint Communiquy of the 8th Summmit of EAC Heads of State deliver November 30 2006EAC was originally founded in 1967 , but disbanded in 1977 because of political differences . On November 30 , 1999 , the EAC Free Trade A greement was frame and became shall be enf! orced on July 7 , 2000 . In January 2001 at a ceremony held in its headquarters , the EAC was revived . The new treaty paved the way for economic and political alinement of the trio countries .

A further treaty was signed in March 2004 setting up customs union that commenced on January 1 , 2005 . Under the terms of the treaty , Kenya being the richest of the three countries will pay duty on its good gain Uganda and Tanzania until 2010 based on declining scale . However , a communal land system of trarrifs will apply to other countries preparation with goods to these three countriesThe Index of Economic Freedom (2007 ) stated that the East African Countries cover an area of 1 .8 mill ion self-colored kilometers with a combined population of 100 million (July 2005 guess ) manduction common language (Swahili , with common history , assimilation , radical , and has vast of natural resourcesThe succeeding discussions will let the reasons of its formation the causes of its break-up , the motivation of its revival , and the courses of action to attain its sure purposeHISTORY AND BACKGROUNDThe discussions of forum as posted in the Encyclopedia of cable , second Edition traced that these countries were low the British colonial treat in the beginning gaining independence . The purpose of the treaty was to cargo hold intact cooperative regional trade as mandated under British rule . The...If you want to get a skilful essay, order it on our website: OrderEssay.net

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