This essential volume examines the influence of immigrants on the process of international economic integration - specifically, their influences on bilateral and multilateral trade flows. It extends beyond the identification and explanation of the immigrant - trade link and offers a more expansive treatment of the subject matter, making it the most comprehensive volume of its kind. The authors present abundant evidence that supports the notion that immigrants exert positive influences on trade between their home and host countries and demonstrate that while the immigrant - trade link may not b
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Interest in regional integration has recently revived in both developed and developing countries. The US has responded to the lack of progress in the Uruguay Round of the GATT by pursuing bilateral trade negotiations, while developing countries have been prompted to re-evaluate the potential benefits of regional integration. The tendency for the world trading system to divide into three blocs - the European Community, the Americas and East Asia - is providing their members with guaranteed access to large markets; however, poor non-member countries will suffer from the loss of access and the risk of trade wars is increased. In this book leading international experts assess the renewed attractiveness of regional integration to individual countries, the types of integration that are suitable to various circumstances, the conditions necessary to their success, and the relationship of regionalism to multilateral free trade
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Cover -- Half-Title -- Title -- Copyright -- Contents -- List of Figures and Tables -- Preface -- Notes on the Contributors -- Part I: Evaluation of Regional Integration Schemes -- 1 Overview -- 2 Andean Community Trade Flows and Policies in the Nineties -- 3 How Can APEC Help Asia to Get Over the Economic Crisis? -- 4 Nation-State, Free Trade, and Economic Integration in Latin America -- Part II: National Perspectives on Integration and Development Strategies -- 5 Overview -- 6 The Role of Free Trade Agreements in Chile's Development Strategy -- 7 Macroeconomic Coordination and Policy Problems of Regional Blocs: Reflections on the Mercosur Experiment -- 8 Developmental Affinities in Regional Integration -- 9 Combining Integration and Development Strategies: The Malaysian Perspective -- 10 Economic Globalization, Regional Economic Integration and China's Economic Development Strategy -- Part III: Cross-Pacific Cooperation and Integration -- 11 Overview -- 12 Regional Integration and Global Free Trade: Working at Cross Purposes? -- 13 Asia-Pacific Economic Cooperation (APEC) and the Free Trade Area of the Americas (FTAA): Possibilities for Trans-Pacific Cooperation -- 14 Perspectives on Trade between Latin America and Asia-Pacific -- Index.
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In this comprehensive second edition of The Economics of International Integration, Miroslav N. Jovanović examines the theory of international economic integration and explores the existing and emerging international integration agreements, their achievements, problems and prospects. One of the most important issues in international economics today concerns the dissipating multilateral trading system and the proliferation of a number of trading blocs and arrangements. This has been particularly the case after the establishment of the World Trade Organization in 1995 and especially during the Doha Round (2001-13). -- This book takes on those and other important new issues such as integration through spatially fragmented production, and the operation of supply chains. The author argues that international economic integration deals are here to stay, and evolve with variable successes in spite of advantages offered by the multilateral trading system. Jovanović's second edition includes up-to-date surveys of economic integration and their agreements, criticism of the eurozone and speculation on the future of integration. -- 'I taught one course on economic policy at Queen's University and met Miroslav Jovanović, who was the outstanding student in my class. I have followed his career ever since ... The most distinctive aspect of his treatment continues to be his union of theory and applied material. For him, the major interest always resides in the problems created by the working out of various forms of integration in real situations. He uses theory but no more than is needed to act as a tool for enlightening our understanding of what we see in the world around us ... For those who want a comprehensive survey relevant for understanding the issues surrounding economic integration, this is an excellent book.' (From the foreword by Richard G. Lipsey).
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South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others. This book considers the leadership of the South Asian Association for Regional Cooperation (SAARC) and the interaction with civil society in the process of South Asian regional cooperation and integration, and discusses how the emerging urgency in the provision of regional public goods provides an excellent opportunity to add to the successes in South Asian regional integration. The book considers civil society's ro
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South Asia today is among the most unstable regions in the world, riddled by both intra- and inter-state conflict. This book presents a comprehensive technical analysis of the trade-conflict relationship within the region, and explores how South Asia demonstrates underperformance of its potential for economic integration. Using the gravity model framework, the book highlights quantitative estimates of the cost of conflict in terms of loss of trade for South Asia. Other variables representative of political and economic regimes are also included to make the model comprehensive.