This study examines the impact of regional economic blocs on Togo's economy by comparing its integration into various African and global economic frameworks. This study employs qualitative research methods including interviews with key stakeholders, focus group discussions, and document analysis to gather data on how regional economic blocs affect Togolese businesses and policies. Specifically, the study reveals that Togo's participation in the ECOWAS (Economic Community of West African States) has led to increased trade with Nigeria, resulting in a 20% rise in import volumes from Nigeria over two years. The findings highlight the importance of regional economic blocs for fostering intra-African trade and investment opportunities but also underscore the need for tailored strategies to maximise benefits while mitigating potential challenges. Recommendations include developing a comprehensive export strategy that leverages ECOWAS membership, engaging in capacity-building programmes to enhance Togolese businesses' competitiveness, and advocating for more equitable regional economic agreements.
Agbleyi et al. (Tue,) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: