Reasons for regional integration agreements
- Peter Moser
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Regional integration agreements are commonplace in the world today. In 1996 there were 88 such agreements worldwide, covering a variety of forms from declarations of intent to unilateral preferential trade agreements, free trade treaties, customs unions, and the common market with its freedom of movement for labour and capital. Which factors have contributed to the great popularity of regional integration agreements?
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For a thorough survey see R. E. Baldwin, A. J. Venables: Regional Economic Integration, in: G. Grossman, K. Rogoff (eds.): Handbook of International Economics, Vol. 3, Amsterdam 1995, pp. 1597–1644.
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See the summaries in A. L. Hillman: The Political Economy of Protection, Chur 1989, and D. Rodrik: Political Economy of Trade Protection, in: G. Grossman, K. Rogoff (eds.): Handbook of International Economics, Vol. III, Amsterdam 1995, pp. 1457–1494.
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See for example the overview by L. A. Winters: The European Community: A Case of Successful Integration? in J. de Melo and A. Panagariya (eds.): New Dimensions in Regional Integration, Cambridge 1993, pp. 202–228, on the EU, and that of J. F. Francois, C. R. Shiells (eds.): Modelling Trade Policy: Applied General Equilibrium Asessment of North American Free Trade, Cambridge 1994, on NAFTA.
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See the compilation in R. E. Baldwin, A. J. Venables, op. cit. Regional Economic Integration, in: G. Grossman, K. Rogoff (eds.): Handbook of International Economics, Vol. 3, Amsterdam 1995, p. 1632.
R. E. Baldwin: Towards an Integrated Europe, Centre for Economic Policy Research, London 1994.
- Reasons for regional integration agreements
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- Peter Moser (1)
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- 1. Business School of Chur Samedan and University of St. Gallen, Switzerland