In this chapter, you will explore regional economic integration. You will also: Learn about the five different levels of integration, understand the potential benefits and drawbacks of regional integration, and examine the progress of various efforts at integration around the world.
The article focuses on the regional economic growth as a result of the direct foreign investment in the region and its spill-over effects on neighboring regions. The unequal distribution of foreign direct investment should in principle tends to enlarge the regional economic differences. The article, however, shows that this is not the result of the investment.
For the philosopher of history, G.W.F. Hegel, the fundamental challenge for any
student of societal evolution is to apprehend in thought the spirit of the age (or the
zeitgeist)—i.e., to understand the motive force of change while it is still at work
(Lauer, 1974). Catching the zeitgeist ‘in the act,’ so to speak, is a matter of practical
importance; for gaining such an understanding would seem to be a necessary,
if not sufficient, condition for successfully shaping ‘for the better’ any future state
of affairs. Hegel does not give us much cause for optimism here.
Chapter 8 - Regional economic integration. In this chapter students will be able to: Describe the different levels of regional economic integration; understand the economic and political arguments for regional economic integration; understand the economic and political arguments against regional economic integration; explain the history, current scope, and future prospects of the world's most important regional economic agreements; understand the implications for business that are inherent in regional economic integration agreements.
After studying this chapter you will be able to: Describe the different levels of regional economic integration; understand the economic and political arguments for regional economic integration; understand the economic and political arguments against regional economic integration; explain the history, current scope, and future prospects of the world's most important regional economic agreements; understand the implications for business that are inherent in regional economic integration agreements.
In this chapter students will be able to: Describe the different levels of regional economic integration; understand the economic and political arguments for regional economic integration; understand the economic and political arguments against regional economic integration; explain the history, current scope, and future prospects of the world's most important regional economic agreements; understand the implications for business that are inherent in regional economic integration agreements.
Chapter 9 - Discrimination trade policies: Free trade areas and anti-dumping protection. After completing this chapter, students will be able to: Show that there are contradictory clauses in the GATT, the most glaring of which are the exceptions to the most favored nation clause; explain how trade creation and trade diversion make the welfare effects of a trade bloc theoretically ambiguous; familiarize the student with several recent regional integration schemes, including the EU and NAFTA;...
Foreign direct investment may improve productivity through technology
transfer on the one hand, and it may also have other positive external effects through
corporate linkages (e.g. market access, or improved terms of financing) on the other
hand, thus promoting economic growth. These beneficial effects are not automatic,
though. Until the mid-nineties Hungary had played a leading role within the region
in attracting investments. After 1999, however, the country started accumulating
increasing competitive disadvantages as compared to its competitors.
The international community finds itself at a crossroads as it goes into the last quarter
of 2003. Will the Doha Agenda regenerate the multilateral consensus that has been the
hallmark of successive rounds of trade liberalization since 1947 and in doing so provide
new impetus for global integration? Or will the Doha Agenda collapse in stalemate and perhaps
be viewed as the moment when the international community retreated from multilateralism and
opened the floodgates for less desirable bilateral and regional arrangements?...
Any economically viable region can create a currency viable only within its borders, use that created capital to build infrastructure and industry, and the circulation of that money will operate a prosperous economy. Simultaneous with the 800-year evolution from plunder by raids to Plunder by Trade, wealth and power
This handbook on global economic policy is one in a set of six global policy
handbooks. The other five deal with technology, social, political, international,
and legal policy.
Public policy studies in the past have tended to emphasize domestic policy,
rather than cross-national policy. This is especially true of American policy studies
which tend to be especially nation-bound. This is also true to some extent of
policy studies in France, Russia, China, Brazil, and elsewhere.
With growth and development rapidly in Vietnam, is a danger of overuse and
poor management of natural resources, thus affecting sustainable development.
Level of understanding, knowledge and use of the principles of natural resources
management (NRE) is limited to Vietnam's agriculture. Design results
project is to start with the concept of resource management is used in many
organizations in Vietnam (Universities, Ministry of Agriculture and Rural Development, and system extensions) and
enhanced to provide the set of policy knowledge, and advice to farmers in
The growth of investments in mutual funds around the world has widely increased during the
past few decades, leading to fierce competition in the industry. Investors now have a wide
range of products to choose from, which makes their investment decision more complicated
than before. Although there are many factors in their decisions, performance still seems to be
a determining factor (see Ippolito, 1992; Capon et al., 1996; Sirri and Tufano, 1998).
The ongoing transitions in the Arab world are among the most
dramatic events since t he collapse of communism in Eastern
Europe. But months after the events in Tunisia that began the
Arab Spring in December 2010, it seemed that the bulk of world's
attention remained focused on t he usual mix of global security,
regional politics, and Middle East peace implications of what was
transpiring in the Arab world. Underlying economic problems, by
cont rast, received scant consideration.
The global development experience of the past century has shown that economic growth cannot be sustained without taking into consideration the social and political development of vulnerable populations, including the struggle for minority rights. Within this context, this volume argues for the support of an interdisciplinary discussion that aims to link studies surrounding the development of minorities in Asia.
Advertising regulation refers to the laws and rules defining the ways in which products can be advertised in a particular region. Rules can define a wide number of different aspects, such as placement, timing, and content. In the United States, false advertising and health-related ads are regulated the most. Many communities have their own rules, particularly for outdoor advertising. Sweden and Norway prohibit domestic advertising that targets children
This book highlights methodological approaches for the economics of sustainable
development and brings together recent empirical work done in India, especially by
Dr. Surender Kumar and Dr. Shunsuke Managi. Various chapters in this book use
Indian data to show the very wide applicability of methodologies in the theory of
production for dealing with many empirical issues of environmentally sustainable
development in a developing country.
The legislation already in place and now being considered adds up to a fundamental reshaping
of the EU's financial system. Agreement on banking supervision will put the European
financial system on far more secure foundations and act as a springboard for confidence. 2013
will see the implementation of many of the detailed rules of this package.