In this paper the author compares six regional economic crises over the last four decades and the institution building or decay that followed. The analysis concludes that five conditions are especially important in generating a constructive regional response: (i) a significant degree of regional economic interdependence; (ii) an independent secretariat or intergovernmental body charged with cooperation; (iii) webs of interlocking economic agreements; and, as elements of the multilateral context, (iv) conflict with the relevant international organization (such as the International Monetary Fund [IMF]); and (v) the support of the United States.
http://www.aric.adb.org/pdf/
http://www.aric.adb.org/pdf/
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Rehema
Patriot in Kampala,East Africa
When the boot of government is on your neck,it doesn't matter if it's left or right. Today is Buganda and Besigye, tomorrow is some one else.
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