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The Theory of Economic Integration (Routledge Revivals) (Paperback)
Loot Price: R1,618
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The Theory of Economic Integration (Routledge Revivals) (Paperback)
Series: Routledge Revivals
Expected to ship within 12 - 17 working days
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First published in 1962, The Theory of Economic Integration
provides an excellent exposition of a complex and far-reaching
topic. Professor Balassa has been remarkably successful in covering
so much ground with such care and balance, in a treatment which is
neither in any way abstruse nor unnecessarily technical. His book
will interest economists in Europe by reason of its subject and
treatment, but it is also a valuable and reliable textbook for
students tackling integration as part of a course of International
Economics and for those studying Public Finance. He distinguishes
between the various forms of integration (free trade area, customs
union, common market, economics union, and total integration). In
addition, he applies the theoretical principles to current projects
such as the European Common Market and Free Trade Area, and to
Latin American integration projects. In offering this theoretical
study, the author builds on the conclusions of other writers, but
goes beyond this in providing a unifying framework for previous
contributions and in exploring questions that in the past received
little attention - in particular, the relationship between economic
integration and growth (especially the interrelationship between
market size and growth, and the implications of various factors for
economic growth in an integrated area).
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