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The research evaluates the progress towards security and stabilization in Afghanistan as the country transitions towards a complete US–NATO drawdown in December 2014. It argues that the country’s propensity for civil war is high given the weak state institutions, deep-seated ethnic...
Persistent link: https://www.econbiz.de/10011137099
The East African Community has long recognised that regional economic integration can yield significant welfare gains to its member states. To that end, the community has been making steady progress towards the removal of tariffs and quantitative restrictions to trade. Moreover, in recent years,...
Persistent link: https://www.econbiz.de/10011139259
Der Begriff der europäischen Integration findet in wissenschaftlichen Beiträgen und politi-schen Debatten zwar große Verwendung, eine einheitliche Definition existiert jedoch nicht. Hierdurch sind Integrationsschritte oder -prozesse kaum quantifizierbar. Auch wird selten darauf eingegangen,...
Persistent link: https://www.econbiz.de/10010980782
A number of theoretical studies have predicted that preferential trade agreements (PTAs) raise outside multinationalsí incentive to invest in the participating countries, especially in those that are integrated with larger markets and have lower production costs. The hypothesis has however not...
Persistent link: https://www.econbiz.de/10008641999
This paper evaluates income convergence in the European Union, between “old” (EU15) and “new” member states from Central and East Europe (CEE10), and among the countries within these two groups. The GDP per capita convergence should be expected according to the exogenous economic growth...
Persistent link: https://www.econbiz.de/10010900429
Regional economic integration in East Asia has gained momentum in the aftermath of the 1997 financial crisis and the escalation of international terrorism. In the first essay, the integration process in Europe and East Asia is compared briefly. This is followed by a discussion on the expansion...
Persistent link: https://www.econbiz.de/10005785203
Economic integration affects economic development through two main channels: growth and localization of the economic activities. The theories of endogenous growth and economic geography enable us to understand these mechanisms. We study in this paper their similarities and specificities before...
Persistent link: https://www.econbiz.de/10005785910
This paper explores to what extent the magnitude and speed of the contagion effects that materialized in East Asia in the second half of 1997 may have had "real" underpinnings, in the sense that the pattern of production, consumption and trade increased the vulnerability of East Asian countries...
Persistent link: https://www.econbiz.de/10005661909
This paper considers the form of monetary policy coordination and regional exchange rate arrangement that would best support economic and financial integration in East Asia. In view of the region's economic diversity, we propose a graduated program of informal policy cooperation from weak forms...
Persistent link: https://www.econbiz.de/10008485504
A salient feature of the East Asian region is the persistent discrepancy between the progress in de facto and de jure economic integration. East Asia has long been said to be the champion of loose regional economic integration, with deepening intra-regional trade and investment linkages in the...
Persistent link: https://www.econbiz.de/10008485505