Economic Hope?

Hongera. Despite the protracted talks and convoluted negotiations, BBC reports ofEast Africa trade accord relaunched.

For prospective entrepreneurs, this I would imagine from my econ 101 would be great news in terms of bringing a few steps closer a larger market with disposable income than was reachable prior to the accord.

My fear is that this will not be realised until each of the countries internally rid their systems of the beauracracies and status quo's that are already rampant in their havoc trail. I also feel that strong cultural forces( the tribal demarcations that have plagued Kenya itself) will serve as a blockade to the road to EAC fruition.

Then again mimi ni mtoto wa 'Nyayo era', completely unaware of the functioning of the previous East African Community. My instincts tell me that more than political decay caused the accord to crumble..GHC specialists care to comment? THis wasnt always my forte. Hopefully we wont let history repeat itself.

I think we should pace ourselves in our pro-capitalist models, by focusing more and a robust, safe framework (Canada vs the US) that evades the oh so common, tragedy of the commons. (Thanks Kibet..I feel a lot smarter after reading it.)

Maoni?