Cover
title | : | Economics of International Integration 4Th Ed. |
author | : | Robson, Peter. |
publisher | : | Taylor & Francis Routledge |
isbn10 | asin | : | 0415148774 |
print isbn13 | : | 9780415148771 |
ebook isbn13 | : | 9780203019603 |
language | : | English |
subject | International economic integration, Integration economique internationale |
publication date | : | 1998 |
lcc | : | HF1418.5.R63 1998eb |
ddc | : | 337.1 |
subject | : | International economic integration, Integration economique internationale |
Page i
THE ECONOMICS OF INTERNATIONAL INTEGRATION
Now in its fourth edition, The Economics of International Integration has established itself as an accessible introduction to the economics of regional integration among nation states. This new edition has been completely revised to reflect important theoretical developments of the past decade and current policy initiatives. The original focus on the analysis of customs unions, free trade areas, common markets, fiscal integration and harmonization, monetary integration and regional policy issues has been retained and updated, while two entirely new chapters deal with the new economics of market integration and the role of transnational corporations.
The books main focus is the theoretical framework that has been developed to understand regionalism and it provides a balanced account of contemporary mainstream analysis and current policy debates. The analysis reflects current initiatives in the European Union which have been the principal driving force for newer theories of integration and whose experience yields useful guidelines for other blocs. In the European context, the book assesses the impact of the Single Market programme, as well as discussing emergent budgetary problems in the light of monetary integration and enlargement into Eastern Europe.
The Economics of International Integration provides an original and stimulating analysis that encompasses several distinct branches of economic thought. It is a balanced and accessible survey for students of economics and international relations of the theoretical and policy issues involved in international integration.
Peter Robson is Honorary Professor of Economics in the University of St Andrews. He has held visiting professorships at the College of Europe and the Universities of Amsterdam and Clermont-Ferrand. He has served as the editor of the Journal of Common Market Studies. His recent publications include Transnational Corporations and Regional Economic Integration (Routledge, 1993).
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Page iii
THE ECONOMICS OF INTERNATIONAL INTEGRATION
Fourth edition
Peter Robson
London and New York
Page iv
First published 1980
by the Academic Division of Unwin Hyman Ltd
This edition published in the Taylor & Francis e-Library, 2002.
Second edition 1984, third edition 1987, third impression 1990,
reprinted 1993
Fourth edition first published 1998
by Routledge
11 New Fetter Lane, London EC4P 4EE
Simultaneously published in the USA and Canada
by Routledge
29 West 35th Street, New York, NY 10001
1998 Peter Robson
All rights reserved. No part of this book may be reprinted or
reproduced or utilized in any form or by any electronic, mechanical,
or other means, now known or hereafter invented, including
photocopying and recording, or in any information storage and
retrieval system, without permission in writing from the publishers.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British
Library
Library of Congress Cataloguing in Publication Data
Robson, Peter
The economics of international integration/Peter Robson.4th
ed.
p. cm.
Includes bibliographical references and index.
1. International economic integration. I. Title.
HF1418.5.R63 1988
337.1dc21 9729570
ISBN 0-203-01960-1 Master e-book ISBN
ISBN 0-203-27959-X (OEB Format)
ISBN 0-415-14876-6 (hbk)
ISBN 0-415-14877-4 (pbk)
Page v
CONTENTS
List of figures and tables | ix |
List of abbreviations and acronyms | xi |
Preface | xiv |
| Introduction | |
The scope of the subject | |
The emergence of the theory of international economicintegration | |
The present reach of international economic integration:a global perspective | |
Plan of the book | |
| The theory of customs unions and free trade areas | |
The theoretical context | |
Customs unions and resource allocation | |
The economics of a free trade area | |
| Broadening the framework | |
The terms-of-trade effects of customs unions and free tradeareas | |
Economies of scale in customs union theory | |
Conclusion | |
Page vi
| Customs unions versus unilateral tariff reduction | |
The superiority of unilateral tariff reduction? | |
The analysis of customs unions with public goods | |
Public goods and the rationale for customs unions | |
| The rationale for the integration of othereconomic policies | |
Policies to overcome allocational cross-border spillovers | |
Policies to overcome stabilization spillovers | |
Policies for cohesion and convergence | |
The dynamics of policy integration | |
| The theory of common markets | |
Integration and intra-bloc capital flows | |
Foreign capital and the costs and benefits of integration | |
Factor supplies, dynamic effects and convergence | |
Conclusion | |
| The new economics of market integration |
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