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- W2276987485 abstract "Few people today, whether they be in Brussels, London or African capitals, can claim to understand fully the intentions of the EEC behind their offer of association to the Asian, Pacific, African and Caribbean nations. Much less understood is the impact of the EEC's enlargement on the economies of these nations. Observations have been made based mainly on the operation of the Yaounde or Arusha forms of association but these have at best been guess-work, and a great deal depends upon which side of the fence one is standing. There is, however, one fundamental point on which a consensus has been reached and this is that the enlargement of the EEC has raised basic issues affecting the very foundation of economic development of much of the Third World. This paper intends to throw some light on the principle issues of association and how these affect the African economic development efforts. The present trade and economic links between Africa and Europe are the outcome of historical accident. The metropolitan powers controlled the exploitation of minerals and other primary commodities in their African colonial territories and in return, the colonies received grants-in-aid and technical assistance which facilitated the exploitation of Africa's resources. Because the economic activity in Africa was confined to the extraction and export of primary commodities, a kind of specialization emerged in which Africa exported all that she produced and imported all that she consumed. This specialization eventually strengthened the degree of interdependence between Africa and Europe, and industrialization of the European countries became dependent to a large extent on raw materials from the African continent." @default.
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- W2276987485 date "1973-01-01" @default.
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- W2276987485 title "The Enlargement of the European Economic Community and its Implications on African Trade and Development" @default.
- W2276987485 hasPublicationYear "1973" @default.
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