With an overall score of 0.442, ECCAS member countries are moderately integrated in their region. Unlike most regional economic communities, ECCAS excels on the macroeconomic dimension. Like most regional economic communities, it lags on the productive dimension. The disparities among member states’ overall regional integration scores are large.
What are the markers of ECCAS’s strength in macroeconomic integration? The first observation is that eight of ECCAS’s 11 countries score highly and two countries score well. If the lowest performer, Angola (score of zero), were discounted, ECCAS’s performance on this dimension would be stronger still.
It should be noted, however, that none of ECCAS’s members has bilateral investment treaties in force. For this reason, ARII only assesses countries’ macroeconomic integration on the basis of the regional convertibility of their currency and their inflation differential.
ARII measures regional integration in ECCAS along five dimensions. These dimensions use sixteen indicators to determine the extent to which ECCAS members are integrated within their region.
The more outward a dimension stretches, the more integrated ECCAS is on that dimension. Scores are calculated on a scale of 0 (not at all integrated) to 1 (entirely integrated).