Search results for ""Author Mordechai E. Kreinin""

Questions related to the economics of regionalism became increasingly important beginning in the late 1980s, when regional groupings started to become very popular as a tool of commercial policy. The goal of this book is to address the question of whether or not regionalism in developed countries has truly benefited developing countries and to what degree regionalism among developing countries and between developed and developing countries will improve economic development prospects. Mordechai Kreinin and Michael Plummer consider the implications of the emerging global trend of economic regionalism for developing countries. The analysis focuses on the trade and investment effects of integration in developed countries on developing countries, as well as the ramifications of regional integration in the latter. After an extensive review of the theoretical and empirical literature pertinent to the economics of regionalism, the book considers the ex-post trade and direct-foreign-investment effects of the Single Market Program in Europe and NAFTA, followed by chapters on ASEAN and economic integration in Latin America, primarily MERCOSUR. The study suggests three salient conclusions. First, in designing preferential trading arrangements, developed countries should recognize and attempt to minimize the possible discriminating effect on developing countries. Second, the developing countries have an abiding interest in the success of WTO negotiations that would minimize the discrimination against them of regional groupings in Europe and North America. And third, any customs unions or free-trade areas among the developing countries themselves should be outward-looking if they are to enhance the welfare of developing countries.Economists and policy scholars, as well as readers interested in regionalism and economic development, will find this book a great resource.

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Economic integration, both within Asia and around the world, has had a major impact on the economies of the Asia-Pacific. NAFTA, the European Union, and ASEAN have determined the course of foreign direct investment, development, trade and policy making throughout the region. The editors of this volume have chosen 14 articles that best represent their work in this area over the past decade. They examine the major issues and future course of integration and offer recommendations for the future success of developing economies in an increasingly dependent world. The book is divided into three sections. The first offers the reader an overview of the chapters and an historical review of ASEAN integration. The second section considers the effects on Asian countries of regional integration in Europe and North America. The final section considers integration within the Asian economies themselves. Together, they reveal a complex and varied series of causes and effects. It also leads to three important policy conclusions that will need to be considered in charting the course of regional economic development in the twenty-first century.Researchers and students in Economics and international business and anyone interested in economic integration and Asian development will find this collection to be very useful.

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