Regional cooperation arrangements (RCAs) have produced vastly dissimilar performances; some have spurred remarkable expansion in trade and cooperation among members, while several others have achieved little. Studies show that performances vary because RCAs differ from one another in important...

This paper examines the effects of intensified international competition on industry profits in six European Union (EU) countries. The paper uses two methods to estimate industry profits. The traditional method uses accounting data to obtain a measure of gross price-average cost margins. The...

This paper makes the case for a political theory of African integration through a case study of the Union économique et monétaire ouest-africaine, a West African regional integration block based on a currency union and a common market. While economic theories have been widely used to analyze...

Recent developments in the monetary situation in West Africa, in particular the transformation for the CFA franc area and the project to build a single currency for the CEDEAO/ECOWAS, require a systematic review of the assumptions underlying the formation of monetary unions. The article provides...

Almost two years after the publication of the "Integrated Review", the British govern­ment has updated its security strategy. This "refresh" is primarily intended to adapt to the rapidly advancing development towards a contested and fragmented global order. Without indicating a radical shift,...

In September 1992 French voters approved the Maastrict Treaty. This paper analyzes political and economic forces that affected French voters, and the links between the progress of European integration and changes in the pattern of redistribution. A model of referendum choice is tested against a...

Progress on regional cooperation in Southeast Asia is often punctuated by decades rather than years. The exposure of the wider Asia-Pacific to natural hazards renders it the world’s most disaster prone. Since the Indian Ocean earthquake and tsunami in 2004, there have been three significant...