Economic Integration and Development : Has Regionalism Delivered for Developing Countries?

By: Mordechai E. Kreinin, Michael G. Plummer

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Questions related to the economics of regionalism became increasingly important beginning in the late 1980s, when regional groupings started to become for more popular as a tool of commercial policy. The goal of this text is to address the question of whether or not regionalism in developed countries has truly benefited developing countries and to what degree regionalism between developing countries and between developed and developing countries will improve economic development prospects. The authors consider the implications of the emerging global trend of economic regionalism for developing countries. The analysis focuses on the trade and investment effects of integration in developed countries on developing countries, as well as the ramifications of regional integration in developing countries themselves.

Industry Reviews

'The intriguing and provocative results on the effects of the single European market and NAFTA make this short book worth a read, even if one is concerned only with how developing countries have been affected by regional trade agreements that do not include them.' -- Peter J. Montiel, Journal of Regional Science
'This book is an excellent attempt to pin down the effects of regional economic integration on developing countries. . . it will prove to be a good guide for researchers and students of development economics working in the area of regional trading arrangements, and policymakers and governments which are in the process of exploring the possibilities of forming free trade areas.' -- Pravakar Sahoo, Development Policy Review
'Students interested in either the methodological issues inherent in research on trade or on the economics of trading blocs in general would profit from the book.' -- James J. Hentz, The European Journal of Development Research

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List of figures	p. vii
List of tables	p. viii
Acknowledgements	p. ix
Introduction and summary	p. 1
The theory of preferential trading arrangements: an overview	p. 5
Measuring the effects of economic integration	p. 33
Effect of EC-92 and NAFTA on developing-country trade flows	p. 53
Effects of EC-92 and NAFTA on DFI in Asia	p. 96
ASEAN economic cooperation: real and monetary	p. 108
Anticipatory effects of regional integration: the case of ASEAN	p. 124
Economic integration in MERCOSUR and the Americas	p. 136
Bibliography	p. 151
Index	p. 161
Table of Contents provided by Syndetics. All Rights Reserved.

Economic Integration and Development : Has Regionalism Delivered for Developing Countries?

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