Does it make sense for developing countries to pursue regional integration as a means of accelerating development? Economic analysis based on static comparative advantage clearly indicates that such a course does not make sense if multilateral or even unilateral trade liberalization is a politically feasible alternative. Under second-best scenarios, the creation of regional free trade areas or customs unions may -- or may not -- represent an improvement...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1989/11/30
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Рабочий документ департамента
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10562
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1
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1
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2010/07/01
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Regional integration and economic development
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Intra-regional Trade