Costs and Benefits of Economic Integration in Asia

Costs and Benefits of Economic Integration in Asia
Author: Robert J. Barro
Publisher: Oxford University Press
Total Pages: 304
Release: 2011-01-04
Genre: Business & Economics
ISBN: 0199780773

Costs and Benefits of Economic Integration in Asia brings together authoritative essays that identify and examine various initiatives to promote economic integration in Asia.

Regional Integration in West Africa

Regional Integration in West Africa
Author: Eswar Prasad
Publisher: Brookings Institution Press
Total Pages: 203
Release: 2021-07-13
Genre: Business & Economics
ISBN: 0815738544

" Assessing the potential benefits and risks of a currency union Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goal of achieving a monetary and currency union by late 2020. Although some progress has been made toward achieving this ambitious goal, major challenges remain if the region is to realize the necessary macroeconomic convergence and establish the required institutional framework in a relatively short period of time. The proposed union offers many potential benefits, especially for countries with historically high inflation rates and weak central banks. But, as implementation of the euro over the past two decades has shown, folding multiple currencies, representing disparate economies, into a common union comes with significant costs, along with operational challenges and transitional risks. All these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "

Towards A Common Future

Towards A Common Future
Author: Arindam Banik
Publisher: Springer
Total Pages: 366
Release: 2017-09-08
Genre: Business & Economics
ISBN: 9811055920

This book focuses on the tremendous shift in both economic growth and development progress taking place towards the Asia-Pacific Region. Each of the countries in the region has various concerns and challenges for its sustainable development, a common goal most of them are trying to achieve at the moment. Interestingly, sustainable development in the region may be critical for achieving sustainable development at the global level as well. With a limited mandate, the book covers some specific developmental issues of ‘the hot spots’ of APR that are regarded to be contributing to their sustainable development. The book also looks at the formation and strengthening of some economic and financial initiatives with the potentials to affect growth and influence economic cooperation and integration of the countries in the region.

Regional Integration in the Union for the Mediterranean Progress Report

Regional Integration in the Union for the Mediterranean Progress Report
Author: OECD
Publisher: OECD Publishing
Total Pages: 201
Release: 2021-05-27
Genre:
ISBN: 9264504621

Regional Integration in the Union for the Mediterranean: Progress Report monitors major trends and evolutions of integration in the Euro-Mediterranean region. The Report examines five domains of regional integration, namely trade integration, financial integration, infrastructure integration, movement of people, as well as research and higher education.

The Theory of Economic Integration (Routledge Revivals)

The Theory of Economic Integration (Routledge Revivals)
Author: Bela Balassa
Publisher: Routledge
Total Pages: 319
Release: 2013-05-13
Genre: Business & Economics
ISBN: 1136646310

First published in 1962, The Theory of Economic Integration provides an excellent exposition of a complex and far-reaching topic. Professor Balassa has been remarkably successful in covering so much ground with such care and balance, in a treatment which is neither in any way abstruse nor unnecessarily technical. His book will interest economists in Europe by reason of its subject and treatment, but it is also a valuable and reliable textbook for students tackling integration as part of a course of International Economics and for those studying Public Finance. He distinguishes between the various forms of integration (free trade area, customs union, common market, economics union, and total integration). In addition, he applies the theoretical principles to current projects such as the European Common Market and Free Trade Area, and to Latin American integration projects. In offering this theoretical study, the author builds on the conclusions of other writers, but goes beyond this in providing a unifying framework for previous contributions and in exploring questions that in the past received little attention – in particular, the relationship between economic integration and growth (especially the interrelationship between market size and growth, and the implications of various factors for economic growth in an integrated area).

Local and Regional Development

Local and Regional Development
Author: Andy Pike
Publisher: Routledge
Total Pages: 328
Release: 2006-11-22
Genre: Science
ISBN: 1134248547

Local and regional development is an increasingly global issue. For localities and regions, the challenge of enhancing prosperity, improving wellbeing and increasing living standards has become acute for localities and regions formerly considered discrete parts of the ‘developed’ and ‘developing’ worlds. Amid concern over the definitions and sustainability of ‘development’, a spectre has emerged of deepened unevenness and sharpened inequalities in the development prospects for particular social groups and territories. Local and Regional Development engages and addresses the key questions: what are the principles and values that shape definitions and strategies of local and regional development? What are the conceptual and theoretical frameworks capable of understanding and interpreting local and regional development? What are the main policy interventions and instruments? How do localities and regions attempt to effect development in practice? What kinds of local and regional development should we be pursuing? This book addresses the fundamental issues of ‘what kind of local and regional development and for whom?’, frameworks of understanding, and instruments and policies. It outlines what a holistic, progressive and sustainable local and regional development might constitute before reflecting on its limits and political renewal. With the growing international importance of local and regional development, this book is an essential student purchase, illustrated throughout with maps, figures and case studies from Asia, Europe, and Central and North America.

Economic Integration in the Maghreb

Economic Integration in the Maghreb
Author: Mr.Alexei P Kireyev
Publisher: International Monetary Fund
Total Pages: 47
Release: 2019-02-13
Genre: Business & Economics
ISBN: 1484378377

Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.

Regional Integration and Economic Development in South Asia

Regional Integration and Economic Development in South Asia
Author: Sultan Hafeez Rahman
Publisher: Edward Elgar Publishing
Total Pages: 425
Release: 2012-04-01
Genre: Business & Economics
ISBN: 1781005249

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.

Redefining Capitalism in Global Economic Development

Redefining Capitalism in Global Economic Development
Author: Kui-Wai Li
Publisher: Academic Press
Total Pages: 477
Release: 2017-06-07
Genre: Business & Economics
ISBN: 0128041978

Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and countries with large trade surpluses. The book illuminates these economic implications and consequences through a framework of capitalist ideologies and concepts, recognizing that Asia is redefining capitalism today. The author, Li, seeks not to describe why nations fail, but how the sustainability of capitalism can save the world. - Merges capitalist theory with global events, as few books do - Emphasizes ways to interpret capitalist ideas in light of current global affairs - Reframes capitalism via economics, supported by insights from political science, sociology, international relations and peace studies

World Development Report 2009

World Development Report 2009
Author: World Bank
Publisher: World Bank Publications
Total Pages: 410
Release: 2008-11-04
Genre: Political Science
ISBN: 082137608X

Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.