Regional Integration and Development

Author: Maurice Schiff et al. / Guo Lei
Publisher:
Publish Date: 2004-10-01
Features: This book evaluates the impact of regional integration arrangements on trade and competition; analyzes how to effectively utilize RIAS; examines the effects of RIAS on domestic investment and foreign direct investment; conducts a detailed analysis of the dynamic economic effects of integration; and explores the necessity, timing, and cross-relationships of deep integration, the integration of the "deep sea," and economic impacts, as well as the relationship between regionalism and multilateralism. Although regionalism is complex and diverse, with most systems being unique, it is difficult to form a unified and actionable policy framework, but in Chapter 9, we condense the conclusions from the previous eight chapters into some policy insights that generally apply in most cases. These thumb rules are not golden rules, but they should not be easily violated.