Market Integration, Regionalism and the Global Economy
- Editors:
- Richard Baldwin, Graduate Institute of International Studies, Geneva
- Daniel Cohen, Université de Paris I
- Andre Sapir, Université Libre de Bruxelles
- Anthony Venables, London School of Economics and Political Science
- Date Published: August 1999
- availability: Available
- format: Paperback
- isbn: 9780521645898
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A study of the nature and the policy implication of changes in the global economy in relationship to the process of regional integration, conducted using the newest techniques of economic analysis. The principal message drawn from these analytical and policy insights is that in a world characterised by trade distortions and nonlinearities, regional integration may or may not foster global integration, and may or may not advance regional or global convergence. The key is good economic policy based on sound economic analysis. Part one of the volume covers three international trade policy issues: regionalism and multilateralism; the political economy of trade policy; and trade income inequality. Part two (chapters 7-11) focuses on three 'domestic' problems faced by regional groups: labour migration; exchange rate arrangements; and real convergence.
Read more- Major theoretical, business and policy implications
- Contributors are leading researchers in this field
- Latest in successful sequence of volumes with the Centre for Economic Policy Research
Reviews & endorsements
'This book is aimed at specialists. Its objective is to contribute to the study of the nature and policy implications of changes taking place in the 'global' economy in relation to trends in international economic integration. … [It] book will be used by specialists and graduate students as a part of the literature on international economic integration and globalization.' Miroslav N. Jovanovic UN Economic Commission for Europe, Geneva
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×Product details
- Date Published: August 1999
- format: Paperback
- isbn: 9780521645898
- length: 368 pages
- dimensions: 229 x 153 x 24 mm
- weight: 0.59kg
- contains: 21 tables
- availability: Available
Table of Contents
1. Introduction Richard Baldwin, Daniel Cohen, Andre Sapir and Anthony Venables
Part I. Regionalism and the Global Economy L. Alan Winters:
2. Discussion Andre Sapir
3. Preferential agreements and the multilateral trading system Kyle Bagwell and Robert W. Staiger
Discussion Raquel Fernandez
4. Politics and trade policy Elhanan Helpman
Discussion Thierry Verdier
5. Globalisation and labour, or if globalisation is a bowl of cherries, why are there so many glum faces around the table Dani Rodrik
Discussion Alasdair Smith
6. Openness and wage inequality in developing countries: the Lation American challenge to East Asian conventional wisdom
Discussion Riccardo Faini
Part II. Market Integration and Regionalism:
7. Operationalising the theory of optimum currency areas Tamim Bayoumi and Barry Eichengreen
Discussion Jean Pisani-Ferry
8. European Migrants: an endangered species? Riccardo Faini
Discussion Richard Baldwin
9. Geography and specialisation: industrial belts on a circular plain Anthony J. Venables
Discussion Alisdair Smith
10. Convergence ... an overview Giuseppe Bertola
Discussion Daniel Cohen
11. Convergence as distribution dynamics (with or without growth) Danny T. Quah
Discussion Lucrezia Reichlin.
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