ECONOMIC UNION IN EAST AFRICA: AN EVALUATION OF THE GAINS,
RAND CORP SANTA MONICA CALIF
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The discussion is limited to the effect of the East African Common Market on investment in manufacturing. This is not because of an assumed unimportance of the agricultural and mining sectors, nor because economic development is identified with industrial development. Rather this focus reflects a belief that economic integration among a group of less-developed countries has its principal effect on industrial development. This is probably especially true in the East African case. Because agriculture and mining are geared largely to export markets, they receive little direct stimulus from an expansion of the local market. It is doubtless true that economic integration has a secondary effect on nonindustrial sectors, arising from the increase in industrial output that in turn is stimulated by economic integration. However, this report is concerned only with the primary effects.