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The challenges hampering South African economic growth integration process in the sub-region
Ist Teil von
International Journal of Research in Business and Social Science (2147- 4478), 2023-10, Vol.12 (7), p.235-243
Erscheinungsjahr
2023
Link zum Volltext
Quelle
EBSCOhost Business Source Ultimate
Beschreibungen/Notizen
The study aims to assess the issues and challenges hampering policy implementation in the Southern African region for economic growth. Qualitatively, this paper collected data and analysed them based on content, using secondary sources from different domains, including Google Scholar, and Scorpius repositories. Findings demonstrate that the design and structure of the African regional development within the integration schemes is around inward-looking industrialization intended to facilitate economic participation costs for member states. This often remains unevenly distributed among member states. Most countries in Africa linger highly reliant on agriculture and yet suffer from high levels of unemployment and food insecurity on the continent. The study contributes to the existing debate on regional and economic integration in the Southern African sub-regional for social-economic development with the adoption of ethical value leadership and accountability. In these situations, it is logical to expect the “African regional integration in the Southern African Development Community (SADC) sub-regional schemes to be most focused on developing synergies that may exist to promote both socio-economic development and regional security across borders. This may hamper policy implementation through good governance and an ethically valued approach.