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During the last century there has been a huge reduction in trade costs at almost every spatial scale impulsed not only by technological advances applied to transport and communication systems, but also by the spread of regional trade agreements and other related schemes. This estringent fall has...
Persistent link: https://www.econbiz.de/10011575903
The European Neighborhood Policy (ENP), launched in 2004, is a unified European Union (EU) policy framework towards the EU neighboring (ENP) countries. The objective of the ENP is to strengthen the prosperity, stability and security of the (enlarged) EU countries and the ENP countries. Even...
Persistent link: https://www.econbiz.de/10011575752
Why are trade agreements regional? I address this question in a model of oligopoly featuring product variety. Tariffs have the effect of manipulating a country's terms of trade and shifting profits towards the domestic market at the expense of foreign trade partners. Countries endogenously form...
Persistent link: https://www.econbiz.de/10011494467
The last decades have witnessed the rise of a new wave of economic regionalism, the most remarkable example of which is the European Union. Regional economic integration is generally interpreted either as an attempt to resist the centrifugal forces of globalisation by strenghtening economic ties...
Persistent link: https://www.econbiz.de/10011492324
This article describes the development of international trade blocs world wide from the 1950s till 2010. We updated the data on international trade flows and introduced a new trade bloc variable based on the intramax hierarchical clustering technique, which defines trade blocs on actual trade...
Persistent link: https://www.econbiz.de/10011554247
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This article evaluates from the Global Dimension of Regional Integration Model (GDRI - MODEL) developed by Estrada (2004) which the level of regional integration in the year of 2007 for the Common Market of the South - MERCOSUR, considering Argentina, Brazil, Paraguay and Uruguay (Members of the...
Persistent link: https://www.econbiz.de/10011574914
During the programming period 2007-2013 the Cohesion Policy of EU was adopted and is also implemented the policy of territorial co-operation with third countries. In this framework, the EU co-finances (through the European Regional Development Fund, the pre-accession instrument and the...
Persistent link: https://www.econbiz.de/10011566043
Decentralization can be generally described as a process in which selected functions are assigned to sub-national units. The literature identifies number of positive consequences of decentralization which all lead to better satisfaction of citizens? needs for public services. Although...
Persistent link: https://www.econbiz.de/10011532485