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The Economics of International Integration, Second Edition (Paperback, 2nd edition)
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The Economics of International Integration, Second Edition (Paperback, 2nd edition)
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The second edition of Miroslav Jovanovic's The Economics of
International Integration will be a useful addition to the
bookshelf of anybody interested in teaching a course on economic
integration. It is especially strong and up-to-date on developments
in Europe, both with respect to completing the EU market and to the
evolution of the eurozone. The various integration schemes are
situated in the 21st century global economy with its rapidly
changing technology. The analysis is always accessible to
non-specialists and, while Jovanovi has his own views, he is
careful in presenting various sides of debates.' - Richard Pomfret,
University of Adelaide, Australia'A wide ranging, comprehensive but
accessible and topical discussion of the many different dimensions
of international economic interdependence and the instruments that
governments around the world use to cooperate in the pursuit of
greater integration of markets. Highly recommended for students
seeking a non-technical treatment of the economics of international
integration with extensive discussion of the European experience in
moving towards economic and monetary union.' - Bernard Hoekman,
European University Institute, Italy 'Europe, the Americas, Asia
and the Pacific, Africa, and the Middle East, within a region as
well as across countries, have been integrating not only by FTAs
but also by the development of global supply chains. However, we
don't know much about how the integration is really going and what
consequences will be brought about by it. This book provides us
with theoretical tools and empirical facts to understand it. Policy
makers should read this book to implement good policy.' - Daisuke
Hiratsuka, Institute of Developing Economies (IDE), JETRO, Japan In
this comprehensive second edition of The Economics of International
Integration, Miroslav N. Jovanovi examines the theory of
international economic integration and explores the existing and
emerging international integration agreements, their achievements,
problems and prospects. One of the most important issues in
international economics today concerns the dissipating multilateral
trading system and the proliferation of a number of trading blocs
and arrangements. This has been particularly the case after the
establishment of the World Trade Organization in 1995 and
especially during the Doha Round (2001-13). This book takes on
those and other important new issues such as integration through
spatially fragmented production, and the operation of supply
chains. The author argues that international economic integration
deals are here to stay, and evolve with variable successes in spite
of advantages offered by the multilateral trading system. Jovanovi
's second edition includes up-to-date surveys of economic
integration and their agreements, criticism of the eurozone and
speculation on the future of integration. This thoroughly revised
second edition provides a broad understanding of international
economic integration and its complexities, and will be of great
interest to students and scholars of international economics,
development economics, policy and international business.
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