I develop an index for economic integration accounting for its gradual and bilateral nature: the Gradual And Bilateral Integration (GABI) index. The graduality captures differences in the depth and path of five stages in economic integration and is an improvement over the use of binary dummy...

Introduction and comment on the discussion / by William Wallace -- Maximalism or minimalism? : Britain's European options / by David Marquand -- Comment / by Hugh Corbet -- Comment / by Bryan Gould -- Comment / by Laurens Brinkhorst -- The balance of payments and British membership of the...