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1、Regional integration refers to a process in which states enter into a regionalagreement for the purpose of promoting cooperation through institutions and rules.Various studies have shown that regional integration has man
2、y political and economicadvantages for all member states of the region.
This research studies the effects of East African Community EAC regionalEconomic Integration to Rwanda's trade and economic development.The res
3、urrectedEast African Community (our case study) is one of the Regional Integration in Africa.Itcomprises Kenya, Uganda, Tanzania, Rwanda and Burundi.The study is done by ameans of comparison.A comparison is made of the p
4、eriod before Rwanda has enteredEAC and after.This means the analysis is made for the period before and after EAC.
It is seen that there is more trade after the country had joined the EAC than before.Also foreign dir
5、ect investment increased sharply after the EAC.Rwanda has benefitedfrom the increased in the FDI.In addition EAC stimulated the tariff reduction within theregion which in turn led to trade creation and trade diversion an
6、d as well as theimprovement of citizens' welfare in some member states of the EAC particularlyRwanda.
However, in order for the impact of Economic integration to be well developed
there are several suggestions
7、as policy implications to be done.There shall be effectiveelimination of non-tariff barriers to trade within the region.Also government needs topromote sectors where trade creation is seen to be visible.Finally, another
8、policyimplication is by making local finns competitive and enhancing their economies of scale,additional tax revenue would also be generated.Therefore all these will enable thesuccess and progress of the economic integra
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