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The Economic Integration of Europe

The Economic Integration of Europe PDF Author: Richard Pomfret
Publisher: Harvard University Press
ISBN: 0674259432
Category : Business & Economics
Languages : en
Pages : 273

Book Description
The clearest and most up-to-date account of the achievements—and setbacks—of the European Union since 1945. Europe has been transformed since the Second World War. No longer a checkerboard of entirely sovereign states, the continent has become the largest single-market area in the world, with most of its members ceding certain economic and political powers to the central government of the European Union. This shift is the product of world-historical change, but the process is not well understood. The changes came in fits and starts. There was no single blueprint for reform; rather, the EU is the result of endless political turmoil and dazzling bureaucratic gymnastics. As Brexit demonstrates, there are occasional steps backward, too. Cutting through the complexity, Richard Pomfret presents a uniquely clear and comprehensive analysis of an incredible achievement in economic cooperation. The Economic Integration of Europe follows all the major steps in the creation of the single market since the postwar establishment of the European Coal and Steel Community. Pomfret identifies four stages of development: the creation of a customs union, the deepening of economic union with the Single Market, the years of monetary union and eastward expansion, and, finally, problems of consolidation. Throughout, he details the economic benefits, costs, and controversies associated with each step in the evolution of the EU. What lies ahead? Pomfret concludes that, for all its problems, Europe has grown more prosperous from integration and is likely to increase its power on the global stage.

The Economic Integration of Europe

The Economic Integration of Europe PDF Author: Richard Pomfret
Publisher: Harvard University Press
ISBN: 0674259432
Category : Business & Economics
Languages : en
Pages : 273

Book Description
The clearest and most up-to-date account of the achievements—and setbacks—of the European Union since 1945. Europe has been transformed since the Second World War. No longer a checkerboard of entirely sovereign states, the continent has become the largest single-market area in the world, with most of its members ceding certain economic and political powers to the central government of the European Union. This shift is the product of world-historical change, but the process is not well understood. The changes came in fits and starts. There was no single blueprint for reform; rather, the EU is the result of endless political turmoil and dazzling bureaucratic gymnastics. As Brexit demonstrates, there are occasional steps backward, too. Cutting through the complexity, Richard Pomfret presents a uniquely clear and comprehensive analysis of an incredible achievement in economic cooperation. The Economic Integration of Europe follows all the major steps in the creation of the single market since the postwar establishment of the European Coal and Steel Community. Pomfret identifies four stages of development: the creation of a customs union, the deepening of economic union with the Single Market, the years of monetary union and eastward expansion, and, finally, problems of consolidation. Throughout, he details the economic benefits, costs, and controversies associated with each step in the evolution of the EU. What lies ahead? Pomfret concludes that, for all its problems, Europe has grown more prosperous from integration and is likely to increase its power on the global stage.

Emerging Market Economies and European Economic Integration

Emerging Market Economies and European Economic Integration PDF Author: R. Scott Hacker
Publisher: Edward Elgar Publishing
ISBN: 9781781959183
Category : Business & Economics
Languages : en
Pages : 360

Book Description
'The daunting task of providing the "big picture" of the economic changes occurring today in Europe has been masterfully achieved by the editors R. Scott Hacker and his colleagues - Börje Johansson and Charlie Karlsson. The fact that they do this in conjunction with historical and statistical data, which adds to the overall economic backdrop of this climate, only adds to the impressiveness of this collection.' - Joan M. Jackson, Business Information Alert Providing a picture of the processes of economic change in Europe, of which EU harmonization policies and transition policies form an integral part, the editors present a collection of articles on current issues in central and east European countries.

Single Markets

Single Markets PDF Author: Michelle Egan
Publisher: OUP Oxford
ISBN: 0191045705
Category : Political Science
Languages : en
Pages : 300

Book Description
This timely book provides in-depth analytical comparison of the nineteenth century evolution of the American single market with corresponding political, economic, and social developments in post-WWII European efforts to create a single European market. Building the regulatory framework needed for successful adoption of an integrated single market across diverse political units represents one of the most important issues in comparative political economy. What accounts for the political success or failure in creating integrated markets in their respective territories? When social discontent threatens market integration with populist backlash, what must be done to create political support and greater legitimacy? Single Markets focuses on the creation of integrated economies, in which the United States and European Union experienced sharply contested ideas about the operation of their respective markets, conflict over the allocation of institutional authority, and pressure from competing political, economic, and social forces over the role and consequences of increased competition. Drawing upon four case studies, the book highlights the contestation surrounding the US and EUs efforts to create common currencies, expand their borders and territories, and deal with the pressures of populist parties, regional interests and varied fiscal and economic challenges. Theoretically, the book draws on work in European integration and American Political Development (APD) to illustrate that the consolidation of markets in the US and EU took place in conjunction with the expansion of state regulatory power and pressure for democratic reform. Single Markets situates the consolidation of single markets in the US and EU in a broader comparative context that draws on research in economics, public administration, political science, law, and history.

European Integration, 1950-2003

European Integration, 1950-2003 PDF Author: John Gillingham
Publisher: Cambridge University Press
ISBN: 9780521012621
Category : Business & Economics
Languages : en
Pages : 612

Book Description
Integration is the most significant European historical development in the past fifty years, eclipsing in importance even the collapse of the USSR. Yet, until now, no satisfactory explanation is to be found in any single book as to why integration is significant, how it originated, how it has changed Europe, and where it is headed. Professor Gillingham s work corrects the inadequacies of the existing literature by cutting through the genuine confusion that surrounds the activities of the European Union, and by looking at his subject from a truly historical perspective. The late-twentieth century has been an era of great, though insufficiently appreciated, accomplishment that intellectually and morally is still emerging from the shadow of an earlier one of depression, and modern despotism. This is a work, then, that captures the historical distinctiveness of Europe in a way that transcends current party political debate.

Economic Integration in the Maghreb

Economic Integration in the Maghreb PDF Author: Mr.Alexei P Kireyev
Publisher: International Monetary Fund
ISBN: 1484378377
Category : Business & Economics
Languages : en
Pages : 47

Book Description
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 Monetary Integration

Regional Monetary Integration PDF Author: Peter B. Kenen
Publisher: Cambridge University Press
ISBN: 1139466038
Category : Business & Economics
Languages : en
Pages : 199

Book Description
This book surveys the prospects for regional monetary integration in various parts of the world. Beginning with a brief review of the theory of optimal currency areas, it goes on to examine the structure and functioning of the European Monetary Union, then turns to the prospects for monetary integration elsewhere in the world - North America, South America, and East Asia. Such cooperation may take the form of full-fledged monetary unions or looser forms of monetary cooperation. The book emphasizes the economic and institutional requirements for successful monetary integration, including the need for a single central bank in the case of a full-fledged monetary union, and the corresponding need for multinational institutions to safeguard its independence and assure its accountability. The book concludes with a chapter on the implications of monetary integration for the United States and the US dollar.

Juggernaut

Juggernaut PDF Author: Uri B. Dadush
Publisher: Carnegie Endowment
ISBN: 0870032615
Category : Business & Economics
Languages : en
Pages : 274

Book Description
In Juggernaut, Uri Dadush and William Shaw explore the major trends associated with the rise of developing countries, including increased manufacturing, expansion in world trade, and, ultimately, improved living and working conditions, as well as the broad challenges those trends pose.

The Economics and Politics of European Integration

The Economics and Politics of European Integration PDF Author: Ivan T. Berend
Publisher: Routledge
ISBN: 1000327175
Category : Business & Economics
Languages : en
Pages : 255

Book Description
The Economics and Politics of European Integration offers a comprehensive history of European integration, from the conceptualization of a United States of Europe, to the present day. The special role of the United States in this process of integration, and the expansion and evolution of the European Union, is critically analyzed. The book also thoroughly discusses the current view of the EU and the complex crises emerging from the COVID-19 pandemic. While the book focuses primarily on Europe, the role of other countries is also examined. The rise of hostile enemies from Turkey, Russia, the US and China is explored, and the history and outcome of Brexit also receives unique focus. Maps are used throughout to clearly depict the enlargement process. This illuminating text will be valuable reading for students and researchers across international economics, economic history, political economy and European studies.

Economic Integration and Development

Economic Integration and Development PDF Author: Mordechai Elihau Kreinin
Publisher: Edward Elgar Publishing
ISBN: 184376718X
Category : Political Science
Languages : en
Pages : 179

Book Description
The intriguing and provocative results on the effects of the single European market and NAFTA make this short book worth a read, even if one is concerned only with how developing countries have been affected by regional trade agreements that do not include them. Peter J. Montiel, Journal of Regional Science This book is an excellent attempt to pin down the effects of regional economic integration on developing countries. . . it will prove to be a good guide for researchers and students of development economics working in the area of regional trading arrangements, and policymakers and governments which are in the process of exploring the possibilities of forming free trade areas. Pravakar Sahoo, Development Policy Review Students interested in either the methodological issues inherent in research on trade or on the economics of trading blocs in general would profit from the book. James J. Hentz, The European Journal of Development Research 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.

Regional Economic Integration and the Global Financial System

Regional Economic Integration and the Global Financial System PDF Author: Sorhun, Engin
Publisher: IGI Global
ISBN: 1466673095
Category : Business & Economics
Languages : en
Pages : 379

Book Description
In theory, regionalism and globalization are intended to be viewed as two separate concepts. However, as long as the approaches complement each other, considering these paradigms in tandem can have significantly positive effects on the overall status of the world economy. Regional Economy Integration and the Global Financial System addresses recent trends in regional integration projects and the strides that such projects are making on the road toward globalization. Focusing on a range of economic projects, emerging supranational units, and possible implications for future trends, this book is an essential reference source for professionals, scholars, and institutions interested in the dynamic effects of regionalism and globalization.