Nicolaïdes, Phedon A.; Homik, Joanna - In: Intereconomics : review of European economic policy 52 (2017) 5, pp. 315-322
Economic integration can be beneficial for all participating countries. But after a point, further gains from integration can be achieved only by trading off costs in one policy or sector against benefits in another. In this article we explore the relationship between these trade-offs and their...