Integration into the world financial system brings the advantage of access to a massive pool of excess saving in the mature economies of the world, but also demands from the individual participating country adherence to the disciplines of a global market economy.
They slow down negotiations for continental level integration. Can this shifting geometry of linkages really ease the overall continental integration process? Or, does it not cry out for simplification? 6  BIS central bankers’ speeches  Africa has undoubted untapped wealth and potential. It is no longer the dark continent!