Europe and Asia followed very different paths to economic integration after 1945. By 2000, an economic union with free movement of goods and factors of production and a common currency linked much of Europe. Meanwhile, effective economic integration agreements were absent from Asia, although...

On June 23, 2016, the people of the United Kingdom of Great Britain (UK) — mostly those residing in England and Wales — held a referendum that resulted in an overall vote to leave the European Union (EU). This so called ‘BREXIT', a fusionist portmanteau of the words ‘Britain' and...

This book presents a deeper understanding of the on-going de facto economic integration in East Asia, looking at the extent of economic integration, what sort of integration has been accomplished, and comparing the level of integration reached and the path followed to that of the European Union

The analysis of business cycle synchronization levels has become a key point in the discussion of the processes of international economic integration. Economists show a particular interest in analyzing the frequency of processes of business cycle convergence and divergence (decoupling) in the...