A research report submitted to the Faculty of Public and Development Management, University of the Witwatersrand, Johannesburg, in partial fuJfilment of the requirements for the degree of Master of Management (in the field of Public and D~velopment Management) . APRIL 1998 / This paper focuses on whether apartheid South Africa's approach to the Southern African Customs Union (SACU) has been hegemonic and whether a democratic South Africa will ensure leadership of SACU member countries to enhance mutual economic development or maintain a hegemonic approach. Institutional r6constitution and democratisation are terms which have recently regained popularity in SACU. Bot.awana, Lesotho, Narni.b.i.a and Swaziland (BLNS) are attempting to develop a programme which would accelerate the process of participatory fairness. South Africa on the other hand is initiating consultative forums between SACU member countries to incorporate popular aspirations and address tensions emanating from a concentration of industry in South Africa. This paper begins by providing a history characterised by hegemonic relationships of the pre-1994 period between South Africa and the BLNS countries, which is followed by a theoretical approach to options for solutions for the regional integration complexities of Southern Africa, referring '!lore specifically to SACU. South Africa's initiative to facilitate participation of member countries, which culminated in the introduction of the Customs Union Task Team (CUTT), received attention. The general discussion of interviews test the theoretical perspective of participative engagement of SACU membership, and provide suggestions towards the future of the customs union. A conclusive analysis and recommendations for further research are presented.

M.Comm. / The purpose of the dissertation was to determine the appropriateness of forming a monetary union with a common currency within SACU. SACU embodies five neighbouring countries, who are situated in the Southern region of Africa. These countries include: South Africa, Botswana, Namibia, Swaziland and Lesotho. The benefits and costs that might accrue to the SACU region with the formation of a monetary union were highlighted in the study. Past experiences of European and African monetary unions have shown that countries who participate in a monetary union were able to pursue credible and disciplined monetary policies. Fiscal and monetary variables determined how appropriate it is to form a monetary union within SACU. The study analysed the level of convergence of fiscal variables and the comovement of monetary variables using statistical analysis and graphical representations. The analysis was essential in assessing the readiness of the SACU states for the eventual formation of a monetary union. Since countries such as Lesotho, Swaziland and Namibia are small in terms of their respective populations, sizes of their economies, per capita income in comparison to their neighbours such as South Africa and Botswana, the study highlights the fact that regional monetary integration is a useful way of increasing their economic influence and participation in an increasingly globalised world. The study concludes that the formation of a monetary union with a common currency within SACU is feasible and provides some ideas for further studies.

No abstract available. / Thesis (Ph.D.)-University of Natal, Durban, 2001.

<p>The EPA&rsquo / s will have an impact on regional integration in Africa, especially in the SADC region. The region has been split between the SADC and ESA EPA configuration therefore impacting on regional integration objectives set out under the SADC Trade Protocol.The EPA&rsquo / s will be concluded separately with six of the sub groupings under the ACP grouping. With the EU-SADC EPA negotiations has come a problem of overlapping of membership of the different regions which has created confusion and conflicts. Members of Southern African Development Cooperation (SADC) did not all enter into the EU-SADC EPA has one. The EU-SADC EPA configuration consists of Angola, Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland and Tanzania. The rest of the SADC member states are negotiating with the EU-ESA configuration. With South Africa having been allowed into the negotiations, its role should be examined and what it can contribute to the negotiations. Another conflict that has been created is the fact that South Africa has its own bilateral agreement with the EU thus putting stain on the trade relationship between South African and the rest of the SADC countries.</p>

<p>The EPA&rsquo / s will have an impact on regional integration in Africa, especially in the SADC region. The region has been split between the SADC and ESA EPA configuration therefore impacting on regional integration objectives set out under the SADC Trade Protocol.The EPA&rsquo / s will be concluded separately with six of the sub groupings under the ACP grouping. With the EU-SADC EPA negotiations has come a problem of overlapping of membership of the different regions which has created confusion and conflicts. Members of Southern African Development Cooperation (SADC) did not all enter into the EU-SADC EPA has one. The EU-SADC EPA configuration consists of Angola, Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland and Tanzania. The rest of the SADC member states are negotiating with the EU-ESA configuration. With South Africa having been allowed into the negotiations, its role should be examined and what it can contribute to the negotiations. Another conflict that has been created is the fact that South Africa has its own bilateral agreement with the EU thus putting stain on the trade relationship between South African and the rest of the SADC countries.</p>

M.Comm. / This study uses annual data for five SACU members over the period 1991-2005 to investigate the evidence for convergence in macroeconomic variables. Panel unit root test as an econometric tool is utilised together with other several approaches for this analysis. The results show significant evidence that the SACU countries have reached a reasonable level of convergence on specific macroeconomic variables. This can be attributed to common economic policies and institutional features. It is also evident that the countries that are members of the CMA show a dramatically higher convergence rate. As far as monetary policy is concerned, a high degree of convergence has been achieved in SACU. However, the results show no convergence on fiscal policies. This could be attributed to data constraint on debt to GDP which was used as a proxy for fiscal policy.

Thesis (Ph.D. (Political & International Studies)) - Rhodes University, 2007.

Doctor Legum - LLD / The thesis considers the approaches followed by the European Union with the Brussels Regime, the federal system of the United States of America under the ‘full faith and credit clause’; the inter-state recognition scheme under the Australia and New Zealand Trans- Tasman judicial system; as well as the convention-approach of the Latin American States. It finds that the most suitable approach for the SACU is the negotiation and adoption by all SACU Member States of a multilateral convention on the recognition and enforcement of foreign judgments, comparable to the 1971 Convention of the Hague Conference on Private International Law; the EU Brussels I Regulation and the Latin-American Montevideo Convention, as complemented by the La Paz Convention. It is imperative that a proposed convention should not merely duplicate previous efforts, but should be drafted in the light of the legal, political and socio-economic characteristics of the SACU Member States. The current legislative provisions in force in SACU Member States are compared and analysed, and the comparison and analysis form the basis of a proposal for a future instrument on recognition and enforcement of foreign judgments for the region. A recommended draft text for a proposed Convention on the Recognition and Enforcement of Foreign Judgments for the SACU is included. This draft text could form the basis for future negotiations by SACU Member States.

Extensive research has been done on the relationship between financial development (FD) and growth (with the main focus on economic growth). Theoretical models and most of the conclusions reached stipulate that the development of a financial system is one of the essential ingredients for economic growth. A developed financial system is able to provide financial services efficiently to the real sector. This study examines the relationship between FD and manufacturing sector growth of the SACU countries. The study first reviews the theoretical and empirical literature of FD and growth (economic and manufacturing sector). This gives a full understanding of the topic before attempting to empirically study it. It also helps in the selection process of the model and variables to be employed in the study. A balanced panel for four SACU countries, namely Botswana, Lesotho, RSA and Swaziland, for the period 1976 to 2008 was estimated using Zellner‟s Seemingly Unrelated Regression Estimation (SURE) method. Namibia was omitted because of limited data. The SURE model was selected because it performs better than ordinary least squares (OLS) estimation of individual equations in cases where the countries studied can be affected by similar external shocks because they are in the same economic region and also have country specific structural differences which could affect their economic growth. Two measures of FD were used: credit to the private sector provided by commercial banks (FIC) and the ratio of liquid liabilities of commercial banks to GDP (LL). Manufacturing sector growth was measured by manufacturing value added to GDP. The results of the relationship between manufacturing growth and FD were very weak across the countries. The model that used FIC performed better, there was a negative significant relationship found in RSA and Swaziland, while with the model that used LL, all the countries gave an insignificant relationship. The results for Swaziland were very consistent with the past findings of the relationship between FD and economic growth in the country (for example Aziakpono (2005a)). This may be because of the high share of the manufacturing sector in GDP. Theory suggests that a well-developed financial system will have a positive impact on growth, but this was not the case in RSA and Botswana, where in some cases FD had a negative impact on the growth of the sector. The analysis of the countries‟ manufacturing sector development shows that the sector plays an important role in the economies of the SACU countries, especially in terms of employment and exports. The coefficients of trade openness are generally positive, though not significant in some cases. The other control variables gave mixed results across the counties and across the models. Based on the findings, the countries have to develop strategies that will improve entrepreneurial skills. Also the financial development in the small SACU countries is essential in order for all the sectors in the economy to benefit from the financial sector and in turn increase economic growth.

Considering the obstacles to the conclusion of the Doha Round of international trade negotiations, bilateral free trade agreements (FTAs) are the new trend emerging in international relations. Hence, the Southern African Customs Union (SACU) and China intend to negotiate such an agreement in order to promote trade and investment between their markets. However, SACU is an organisation with a colonial legacy that continues to debilitate the economies of its weaker member states. Discrepancies in its administration and operation threaten the integrity of the customs union, especially when third parties are involved. This study assesses the politics of trade in the Southern African Customs Union, and the prospect of a FTA with the People’s Republic of China. It explores the quantity and quality of trade between the parties, as well as the role of the state in encouraging economic diplomacy. The dissertation draws on the experiences of other developing countries that have signed FTAs with stronger economies, in order to provide policy recommendations that will steer sustainable trade relations between SACU and China that will be aligned to SACU’s development agenda. The study concludes that a FTA will stimulate a restructuring of SACU’s trade partners, without creating a significant increase in production or employment. Furthermore, the cost competitiveness of Chinese imports will cripple the respective SACU industries, cause unemployment and negate prospects of new industrialisation in certain sectors of the economy. SACU’s strategy for trade liberalisation should be incremental and sector specific. Copyright / Dissertation (MA)--University of Pretoria, 2010. / Political Sciences / unrestricted