All Posts by BILL GOLDEN

What is the East African Federation

The East African Federation is a proposal to bring the six countries of the East African Community (Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda) into a political union. The project has been repeatedly delayed, due to problems of political will. In 2018, the EAC formed a twelve-member Committee of

Read More

The Importance of Trust

Trust is very important for a strong economy. People can only do business if they can trust that others will keep to their agreements. Kenneth Arrow, who won the in Economics in 1972, believed that a lack of trust was a huge factor keeping developing countries poor. However, trust doesn’t

Read More

What is a Customs Union?

Customs unions are an important part of international trade in the modern world. They determine how easy it is for countries to import and export goods to each other. Several customs unions exist in Africa today. This includes the East African Community (EAC) and the South African Customs Union (SACU)

Read More