The Potential of Africas Global Economic Integration Essay -- Interna

Africa has gigantic been thought of as a place where trade could non happen, particularly on an international level. In recent times however, there has been a push to create more consolidation among African nations. These nations hurl completed the benefits which occur when firms are freely able to engage in coronation from country to country moving away from the old protectionist policies of earlier years. As the textbook globose Business explains, these policies direct, on numerous occasions before, triggered avenging that further restricted trade (Peng, 2009). Governments there commence also attempt their hardest to change the image in the media of the continent and send signals to the public saw that they are indeed open to trade. To do so, they have used a series of tactics to push towards a more business-friendly continent. Many have shifted to being democratically elected governments focusing on the country and not just the ruling family. In addition, new laws ha ve been implemented to beset corruption in an attempt to gain more integration. Many of their efforts have been successful and these efforts have made it attractive to do business there. With countries kindred Ghana experiencing economic expansion of a record 13.6% in 2011 and an general growth rate of 6% for countries in the continent in 2012 (The Economist, 2011), well(p) above that of any rivaling Asian country, it is paramount that regional and global integration occur and other regions and international nations take advantage of opportunities available. Some companies and countries have recognized the huge potential for trade and investment in Africa and are starting to get involved for example China, who are choosing to accept the fortune in exchange for profits, are becoming ... ...ne, 08 Aug. 2012. Web. 24 Feb. 2014.Peng, Mike W. Global Business. Mason, OH South-Western Cengage Learning, 2009. 221. Print.Rothmyer, Karen. They Wanted Journalists to Say Wow. President an d fellows of Harvard College (2011) Discussion Paper series D-61. Web. 27 Feb. 2014.Shen, Li. What Makes Chinas Investment Successful In Africa The Entrepreneurial Spirit And style Of Chinese Enterprises In Transitional Times. Journal Of Developmental Entrepreneurship 17.4 (2012) -1. Business man-made lake Complete. Web. 24 Feb. 2014.Yeh, Stuart S. Ending Corruption In Africa Through United Nations Inspections. external Affairs 87.3 (2011) 629-650. Business Source Complete. Web. 24 Feb. 2014.Vogt, Heidi. Ethiopian Airlines Pilot Acted fishily Before Hijacking, Family Says. The Wall Street Journal. Dow Jones & Company, 19 Feb. 2014. Web. 24 Feb. 2014.