ENGLISH

Regional Blocs: Building Blocks or Stumbling Blocks?

By A. S. Bhalla , P. Bhalla (auth.)

Book information

Publisher
Palgrave Macmillan UK
Year
1997
ISBN
978-1-349-25813-0, 978-1-349-25811-6
DOI
10.1007/978-1-349-25811-6
Language
english
Format
PDF
Filesize
22 MB (23429578 bytes)
Edition
1
Pages
XV, 242\258
Time added
2017-06-25 01:07:36
Development Economics;International Relations;Inte

Description

A topical study of regional arrangements covering ASEAN, SAARC and APEC in Asia, NAFTA and MERCOSUR in the Americas, SADC, SACU and ECOWAS in Africa, and the European Union, EFTA and Eastern Europe. The book argues that foreign direct investment is complementary to trade and most regional arrangements can create trade and induce growth so long as they remain open and non-discriminatory. But they could also become stumbling blocks to globalization. The book demonstrates how US and EU trade policy will be crucial in shaping the world economy.

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