Integration affects economic growth mainly through two different channels : The scale-effect channel and the factor-reallocation channel. In order to investigate both channels within a unifying framework, we employ a simple descriptive growth model. The scale-effect channel increases either the...

"This book addresses recent trends in regional integration projects and the strides that such projects are making on the road toward globalization, focusing on a range of economic projects, emerging supranational units, and possible implications for future trends"--Provided by publisher.

This book addresses recent trends in regional integration projects and the strides that such projects are making on the road toward globalization, focusing on a range of economic projects, emerging supranational units, and possible implications for future trends.