The objective of this paper is to reflect on how the historical lessons on the process of integration followed by the European Union (EU) can be used to shape and reflect about the process of economic integration that is been implemented in the East African Community (EAC). It will do so by providing a historical view of the process of common market (CM) and monetary union (MU), highlighting the main drivers and obstacles in both processes. It will focus on both the common market and the monetary union, because understanding the problems with the current monetary union in the Eurozone requires first understanding the institutional complexity and completeness required to implement the common market.

This is the 10th edition of the Doing Business report. First published in 2003 with 5 indicator sets measuring business regulation in 133 economies, the report has grown into an annual publication covering 11 indicator sets and 185 economies. In these 10 years Doing Business has recorded nearly 2,000 business regulation reforms in the areas covered by the indicators. And researchers have produced well over 1,000 articles in peer-reviewed journals using the data published by Doing Business—work that helps explore many of the key development questions of our time. Doing Business 2013 holds new information to inspire policy makers and researchers.