Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa

This edited volume focuses on economic integration, currency union, and sustainable and inclusive growth in East Africa. It consists of twelve interrelated studies that provide a comprehensive picture of the state and determinants of economic development and cooperation among countries in East Africa, such as Burundi, Ethiopia, Kenya, Rwanda and Tanzania. The contributions are grouped into five parts: economic integration and its effects on trade; common currency and exchange rate; research, innovation, and knowledge, and shadow economics and corruption; inclusive and sustainable growth; and the conflict-growth nexus and reconstruction. This book will appeal to scholars and decision makers looking for the necessary tools and determinants of economic development and cooperation in East Africa.

Almas Heshmati is Professor of Economics at Jönköping University and Sogang University. He held similar positions at the Korea University, Seoul National University, University of Kurdistan Hawler, RATIO Institute (Sweden) and the MTT Agrifood Research (Finland). He was Research Fellow at the World Institute for Development Economics Research (WIDER), The United Nations University during 2001-2004. From 1998 until 2001, he was an Associate Professor of Economics at the Stockholm School of Economics. He has a Ph.D. degree from the University of Gothenburg (1994), where he held a Senior Researcher position until 1998. His research interests include applied microeconomics, globalization, development strategy, efficiency, productivity and growth with application to manufacturing and services. In addition to more than 150 scientific journal articles he has published books on EU Lisbon Process, Global Inequality, East Asian Manufacturing, Chinese Economy, Technology Transfer, Information Technology, Water Resources, Landmines, Power Generation, Renewable Energy, Development Economics, World Values, Poverty and Economic Growth.