Background and reasons for Economic Cooperation of African Union
Authors: Zaporozhchenko Anzhelika
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The article presents an analysis of resource, historical and political background and reasons for Economic Cooperation speakers. The author noted as reasons that contribute to economic cooperation resource capabilities of African countries and their geographic compactness, and to those that have a negative impact on the development of economic relations took a historic colonial past, the political instability of the region and the impact on African economies of the world economic crisis of 2008. The author emphasized the fact that the countries of the AU are located compactly on the African continent, but have certain sub-regional differences. In geopolitical and economic terms, Africa is divided into two parts: North Africa and tropical Africa. North African countries inhabited mainly by Arabs who are Muslim, have a higher, in comparison with the countries of tropical Africa, the level of economic and industrial development, are more involved in the international division of labor. The article notes that the consequence of the colonial past is the low economic development of countries, their focus on export of raw materials instead of finished products not developed transport system. For example, oil-exporting countries are Nigeria, Libya, Algeria, copper – Zaire, Zambia, iron ore – Liberia, Mauritania, etc. In agriculture formed monocultural specialization: monoculture Senegal – peanuts, Ethiopia – coffee, Ghana – cocoa beans. It should also be noted that, despite the negative trends that uniquely affect the development of economic relations in the countries of the African Union, a significant intensification of inter-African economic cooperation, as evidenced by the transformation of the OAU into the AU.