Market Integration, Regionalism and the Global Economy / Edition 1

by Richard Baldwin, Daniel Cohen, Andre Sapir, Anthony Venables

Overview

This is a study of the nature and the policy implications of changes in the global economy in relationship to the process of regional integration, using the newest techniques of economic analysis. The principal message drawn from these analytical and policy insights is that in a world characterized 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.

Product Details

ISBN-13:	9780521645898
Publisher:	Cambridge University Press
Publication date:	08/26/1999
Edition description:	New Edition
Pages:	368
Product dimensions:	6.02(w) x 9.02(h) x 0.94(d)

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.

Editorial Reviews

'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

From the Publisher