East African Community

What are the factors that contribute to thebreakdown of economic development communityA CASE psychoanalyze OF EAST AFRICA COMMUNITY (EAC[Instructor][Instructor][Course][Date]WHAT ARE THE FACTORS THAT CONTRIBUTE TO THE BREAKDOWNOF ECONOMIC maturement COMMUNITYA CASE STUDY OF EAST AFRICAN ECONOMY (EACEXECUTIVE SUMMARYThis gaffe study is made possible with the objectives of determining the factors which contribute to the administration and re governance of the (EAC ) including the reasons behind the break-up of the triplet unified countries of Kenya , Uganda , and TanzaniaThe succeeding discussions leave focus on the variables that contribute to the break-up and /or rising of EAC which let in growth appraise education /literacy rate , interest rate , exchange rate , resources exports and imports , health , and governmental concernsThe discussions are part into sub-titles which include the background of the concerned countries and the EAC , the aims of AEC , its organizational structure , its problems , the revival of EAC , the goals and objectives of EAC , analysis of available data , findings , the summary and conclusion , and the recommendationsINTRODUCTION (EAC ) is a regional inter-governmental economic accommodative consisting of troika East African countries of Kenya , Uganda and Tanzania with its headquarters located at Arusha , Tanzania . Burundi and Rwanda will marrow on July 2007 as resolved during the HYPERLINK http /www .eac .int / new(a)s_2006_8th_summit_communique .pdf o http /www .eac .int /news_2006_8th_summit_communique .pdf Joint Communiquy of the 8th Summmit of EAC Heads of State digest November 30 2006EAC was originally founded in 1967 , but disbanded in 1977 because of political differences . On November 30 , 1999 , the EAC Free Trade Agreement was write and became shall be enforced on July 7 , 2000 . In January 2001 at a ceremony held in its headquarters , the EAC was revived . The new treaty paved the way for economic and political confederation of the three countries .

A further treaty was signed in March 2004 setting up customs union that commenced on January 1 , 2005 . Under the terms of the treaty , Kenya being the richest of the three countries will pay duty on its good enter Uganda and Tanzania until 2010 based on declining scale . However , a common land system of trarrifs will apply to other countries supplying with goods to these three countriesThe Index of Economic Freedom (2007 ) stated that the East African Countries cover an area of 1 .8 million square kilometers with a combined population of 100 million (July 2005 estimate ) manduction common language (Swahili , with common history , culture , radical , and has vast of natural resourcesThe succeeding discussions will feature the reasons of its formation the causes of its break-up , the motivation of its revival , and the courses of action to attain its genuine purposeHISTORY AND BACKGROUNDThe discussions of forum as posted in the Encyclopedia of Business , second Edition traced that these countries were under the British colonial direct in the beginning gaining independence . The purpose of the treaty was to keep intact cooperative regional trade as mandated under British rule . The...If you want to get a full essay, order it on our website: Orderessay

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