In Africa there has been an immense effort in the past, continuing into the present, to unite politically and to build numerous economic integration areas. In this paper we discuss the reasons for the existence of this phenomenon in Africa which we call the drive to political and economic...

The EAC is on the verge of establishing a customs union. But this is accompanied by fears that the Customs Union would lead to trade imbalances among the Partner States, which would create serious problems for the proper functioning of the Customs Union itself. To mitigate these problems the...

The EAC is on the verge of establishing a customs union. But this is accompanied by fears that the Customs Union would lead to trade imbalances among the Partner States, which would create serious problems for the proper functioning of the Customs Union itself. To mitigate these problems the...

As the tenth anniversary of EMU is approaching, a debate is underway as to whether the single currency has promoted or hindered convergence among the countries of the Euro Area. On the one hand, there is wide agreement that asymmetric shocks have subsided after the creation of the single...

Throughout the post-war period Greece has faced a unique, and unfavourable, situation consisting of: (i) a perimetric location away from major European markets; and (ii) distorted economic relations as its northern borders were designed to be real barriers to communication and trade with...

The paper compares the cyclical behaviour of the Greek economy to that of the other EC economies, using quarterly and annual data since 1960 and the Real Business Cycle model as a theoretical framework. The evidence suggests that there are remarkable similarities in these features despite...

As the tenth anniversary of EMU is approaching, a debate is underway as to whether the single currency has promoted or hindered convergence among the countries of the Eurozone. On the one hand, there is wide agreement on the fact that asymmetric shocks have subsided after the creation of the...

Since the early 1990s, the number of Regional Trade Agreements has increased considerably across continents. This is resulting into increasing regional integration with substantial importance being given to cross-border connectivity development. India, a late subscriber of active RTA strategy,...

In Africa there has been an immense effort in the past, continuing into the present, to unite politically and to build numerous economic integration areas. In this paper we discuss the reasons for the existence of this phenomenon in Africa which we call the drive to political and economic...

ASEAN and China share a complex relationship in economic terms; while they collaborate in several spheres, conflict of interests is not uncommon either. The proposal for an ASEAN–China Free Trade Agreement (ACFTA) was floated in 2000, and the agreements covering merchandise trade,...