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Item Details
| Title:
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THE REGIONALIZATION OF THE WORLD ECONOMY
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| By: |
Jeffrey A. Frankel |
| Format: |
Hardback |
| List price:
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£60.00 |
| Our price: |
£54.00 |
| Discount: |
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| You save:
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£6.00 |
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| ISBN 10: |
0226259951 |
| ISBN 13: |
9780226259956 |
| Availability: |
Usually dispatched within 1-3 weeks.
 Delivery
rates
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| Stock: |
Currently 0 available |
| Publisher: |
THE UNIVERSITY OF CHICAGO PRESS |
| Pub. date: |
24 November, 1997 |
| Series: |
National Bureau of Economic Research Project Reports |
| Pages: |
292 |
| Description: |
Regional economic arrangements such as free trade areas (FTAs), customs unions and currency blocs have become increasingly prevalent in the world economy. Including both empirical and theoretical studies, this volume addresses questions concerning FTAs and other regional trading arrangements. |
| Synopsis: |
Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has caused some economists to be optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this text examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. |
| Illustrations: |
15 line drawings, 37 tables |
| Publication: |
US |
| Imprint: |
University of Chicago Press |
| Returns: |
Returnable |
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