The seventh edition of The Economics of European Integration provides students with an accessible presentation of the facts, theories and controversies that are driving rapid change at the heart of Europe. This new edition covers crucial updates on the impact of Brexit and Covid-19 and offers an expert analysis of the contemporary status of integration within the European Union. Key Features and Updates *Wide range of learning features including boxed examples and illustrations, end of chapter summaries, self-assessment questions and essay questions. *Fully updated to include new discussions and examples such as the new budget which has significant implications on European bonds, immigration, and climate change. *Two new chapters highlighting the impact of both Brexit and Covid-19 on the EU. *An Online Learning Centre with Lecture Outlines, PowerPoint Presentations, and an Image Library. Richard Baldwin is Professor of International Economics at the Graduate Institute, Geneva, having been a visiting professor at Oxford and MIT. He is Editor-in-Chief and founder of VoxEU.org since 2007 and he advises governments around the world on globalisation and integration issues having served in the Bush (Sr) White House in 1990-91. Charles Wyplosz is Professor Emeritus of International Economics at the Graduate Institute in Geneva where he also served as Director of the International Centre for Money and Banking Studies. He is a Fellow of CEPR and of the European Economic Association, as well as a Founding Managing Editor of the Economic Policy journal.

This unique compilation of essays addresses a core political economy question: how do market forces and trade regulation interact? Its fresh Asian perspective offers a much-needed contribution to our understanding of how treaty-based regional and bilateral economic integration is driven by the Factory Asia phenomenon. The authors also compellingly show where the World Trade Organization could fit in. An informative read for scholars and experts alike.' - Manfred Elsig, University of Bern, SwitzerlandThe global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia. The world trading system, led by the World Trade Organization (WTO), is under pressure to evolve and address 21st-century trade issues. Meanwhile, economically salient Asia has built deep supply chains over decades, whilst experimenting with mega-regional trade agreements and economic policies to sustain growth amid a fragile economy. The Asian-led Regional Comprehensive Economic Partnership (RCEP) and the United States-led Trans-Pacific Strategic Economic Partnership (TPP) are competing to set standards for Asia's trade and supply chains. Lessons from the Asian experience offer new approaches and economic policies to sustain growth, presenting the WTO as a forum for action to improve global and regional trade governance in the 21st century. Policy makers will benefit from the expert knowledge and policy lessons presented in this book, and development economists and researchers will profit from its critical examination of the world trading system. Undergraduate and postgraduate students interested in development, development economics, international development, and related fields will find this essential supplementary reading. Contributors: R. Baldwin, S.Y. Chia, B. Dhar, S.J. Evenett, S. Inomata, M. Kawai, P. Low, M. Nakatomi, R. Pomfret, V. Pontines, J. Tijaja, S. Urata, R. Wang, G. Wignaraja, Y. Zhang

An Economist Best Book of the Year A Financial Times Best Economics Book of the Year A Fast Company "7 Books Microsoft CEO Satya Nadella Says You Need to Lead Smarter" Between 1820 and 1990, the share of world income going to today's wealthy nations soared from twenty percent to almost seventy. Since then, that share has plummeted to where it was in 1900. As the renowned economist Richard Baldwin reveals, this reversal of fortune reflects a new age of globalization that is drastically different from the old. The nature of globalization has changed, but our thinking about it has not. Baldwin argues that the New Globalization is driven by knowledge crossing borders, not just goods. That is why its impact is more sudden, more individual, more unpredictable, and more uncontrollable than before-which presents developed nations with unprecedented challenges as they struggle to maintain reliable growth and social cohesion. It is the driving force behind what Baldwin calls "The Great Convergence," as Asian economies catch up with the West. "In this brilliant book, Baldwin has succeeded in saying something both new and true about globalization." -Martin Wolf, Financial Times "A very powerful description of the newest phase of globalization." -Larry Summers, former U.S. Secretary of the Treasury "An essential book for understanding how modern trade works via global supply chains. An antidote to the protectionist nonsense being peddled by some politicians today." -The Economist "[An] indispensable guide to understanding how globalization has got us here and where it is likely to take us next." -Alan Beattie, Financial Times

This compelling volume, from the Centre for Economic Policy Research, examines the discussion surrounding expansion of the European Union (EU). The contributors address the key issues in the debate, including the implications of expansion for the global trading system, enlargement-related pressures to reform EU decision-making, and the economic consequences of membership for entrants. Using theoretical techniques to report results and insights, this book not only sheds light on the consequences of Austria, Finland and Sweden joining the EU, but also discusses and evaluates the possible membership of Central European ex-socialist countries. This is an important book for students and scholars interested in regional integration, and also for policy-makers in the new EU member countries and in applicant countries.

This volume, from the Centre for Economic Policy Research, examines the discussion surrounding both actual and possible future expansion of the European Union (EU). The contributors address the key issues in the debate, including the implications of expansion for the global trading system, enlargement-related pressures to reform EU decision making, and the economic consequences of membership for new entrants. Using the latest theoretical techniques to report new results and insights, this book not only sheds light on the consequences of Austria, Finland and Sweden joining the EU, but also discusses and evaluates the possible membership of Central European ex-socialist countries. This should be a useful book for students and scholars interested in regional integration, and also for policy-makers in the new EU member countries and in applicant countries. Many of the issues addressed in this volume will be relevant for the EUs inter-governmental conference in 1996."

Between 1820 and 1990, the share of world income going to today's wealthy nations soared from twenty percent to almost seventy. Since then, that share has plummeted to where it was in 1900. As Richard Baldwin explains, this reversal of fortune reflects a new age of globalization that is drastically different from the old. In the 1800s, globalization leaped forward when steam power and international peace lowered the costs of moving goods across borders. This triggered a self-fueling cycle of industrial agglomeration and growth that propelled today's rich nations to dominance. That was the Great Divergence. The new globalization is driven by information technology, which has radically reduced the cost of moving ideas across borders. This has made it practical for multinational firms to move labor-intensive work to developing nations. But to keep the whole manufacturing process in sync, the firms also shipped their marketing, managerial, and technical know-how abroad along with the offshored jobs. The new possibility of combining high tech with low wages propelled the rapid industrialization of a handful of developing nations, the simultaneous deindustrialization of developed nations, and a commodity supercycle that is only now petering out. The result is today's Great Convergence. Because globalization is now driven by fast-paced technological change and the fragmentation of production, its impact is more sudden, more selective, more unpredictable, and more uncontrollable. As The Great Convergence shows, the new globalization presents rich and developing nations alike with unprecedented policy challenges in their efforts to maintain reliable growth and social cohesion.

Regional trade agreements (RTAs) have proliferated around the world in the past two decades, and now nearly all members of the WTO are party to at least one. Besides tariffs and rules of origin regulating trade in goods, many RTAs now include provisions on services, investments, technical barriers to trade and competition rules, as well as a host of issues not directly related to trade. The geographic reach of RTAs is expanding, with transcontinental agreements spreading forcefully alongside intra-regional agreements. 'Multilateralizing Regionalism' was the title of a major conference held from 10-12 September 2007 at the WTO in Geneva. Brought together in this publication, the conference papers achieve two things. First, they marshall detailed, new empirical work on the nature of the 'Spaghetti Bowl' and the problems it poses for the multilateral trade system. Second, they contribute fresh and creative thinking on how to 'tame the tangle' of regional trade agreements.

'A manifesto for future-proofing our jobs and prosperity' THE SUNDAY TIMES We stand on the edge of a new era that will bring change to our world on a par with the Industrial Revolution. Automation, artificial intelligence and robotics are changing our lives quickly - but digital disruption goes much further than we realize. Richard Baldwin, one of the world's leading globalization experts, argues that the inhuman speed of this transformation threatens to overwhelm our capacity to adapt. But while the changes are now inevitable, there are strategies that humanity can use to adapt to this new world, employing the indispensable skills that no machine can copy: creativity and independent thought. THE GLOBOTICS UPHEAVAL will help each of us prepare for the oncoming wave of the advanced robotic workforce.

Nuestro mundo está a punto de entrar en una nueva era que supondrá cambios equivalentes a los de la Revolución Industrial. La automatización, la inteligencia artificial y la robótica modifican nuestra vida a pasos agigantados y la disrupción digital va mucho más lejos de lo que pensábamos. Richard Baldwin, uno de los principales expertos mundiales en globalización, sostiene que el ritmo de esta transformación va a resultar angustioso. Cuando la tecnología permita trabajar a presencias virtuales en cualquier oficina de cualquier parte del mundo, la globótica (la combinación de globalización y robótica) alterará la vida de millones de trabajadores cualificados mucho más deprisa de lo que nos afectaron la automatización, la industrialización o la globalización en épocas precedentes. ¿Qué pueden hacer las personas y los gobiernos para responder a este cambio excepcional? ¿Cómo evitar que en este proceso se debiliten los cimientos mismos de la sociedad? Aunque la convulsión es ya inevitable, existen estrategias para adaptarnos a este mundo nuevo, y estas se basan en las destrezas humanas que ninguna máquina puede replicar: la creatividad y el pensamiento independiente. La convulsión globótica nos ayuda a prepararnos para la inminente oleada de los robots avanzados en el mercado laboral.

New and collected poems by Curran, twice the western Massachusetts Poet's Seat laureate, are complimented by a painting by Richard Baldwin of Wendell, Massachusetts.

The 18th century was a wealth of knowledge, exploration and rapidly growing technology and expanding record-keeping made possible by advances in the printing press. In its determination to preserve the century of revolution, Gale initiated a revolution of its own: digitization of epic proportions to preserve these invaluable works in the largest archive of its kind. Now for the first time these high-quality digital copies of original 18th century manuscripts are available in print, making them highly accessible to libraries, undergraduate students, and independent scholars.Delve into what it was like to live during the eighteenth century by reading the first-hand accounts of everyday people, including city dwellers and farmers, businessmen and bankers, artisans and merchants, artists and their patrons, politicians and their constituents. Original texts make the American, French, and Industrial revolutions vividly contemporary.++++The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to insure edition identification: ++++British LibraryT021338 London]: Printed for Richard Baldwin; John Rivington; Robert Horsfield; and H. Woodfall, J. Hinton, L. Hawes, & Co, and T. Longman, 1770. 2],273, 1]p.; 12

The 18th century was a wealth of knowledge, exploration and rapidly growing technology and expanding record-keeping made possible by advances in the printing press. In its determination to preserve the century of revolution, Gale initiated a revolution of its own: digitization of epic proportions to preserve these invaluable works in the largest archive of its kind. Now for the first time these high-quality digital copies of original 18th century manuscripts are available in print, making them highly accessible to libraries, undergraduate students, and independent scholars.Delve into what it was like to live during the eighteenth century by reading the first-hand accounts of everyday people, including city dwellers and farmers, businessmen and bankers, artisans and merchants, artists and their patrons, politicians and their constituents. Original texts make the American, French, and Industrial revolutions vividly contemporary.++++The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to insure edition identification: ++++British LibraryT021337Previously published as: A complete guide to all persons .. Subsequently as: The new complete guide .. London]: Printed for Richard Baldwin, John Rivington, Robert Horsfield, H. Woodfall, J. Hinton, L. Hawes & Co., and T. Longman,, 1768. 2],266, 24]p.; 12

The writer has been deprived of his license to practice law in three states. The basis for these court orders was a confidential complaint made by the writer about the misconduct of a United States District Judge. The complaints included evidence, which pointed to the judge's financial ties to litigators with matters in his court. Nevertheless, the judge's misconduct was overlooked by supervising judges. The writer reviews the court order which drove him from the practice of law. "The point of all this," he concludes, "was to banish me from the legal profession, not to find the truth since bringing truth into the light of day would have been uncomfortable for" the judge. From the book: "Any professional regulatory authority empowered to deprive its members of their reputation and their ability to earn an income should be subject to the highest standards of objectivity and fairness. In the legal community, the opposite is the norm. The rules which govern the behavior of lawyers are explicitly intended to overlook complaints about the venal and self-interested behavior of the most powerful members of the profession. The judges make the rules and see to their own insulation from criticism, oversight and transparency in their dealings with persons interested in judicial outcomes. The judges take pains to block any examination of their off-the-books income streams. Those who are so incautious as to rely on the prescribed complaint rules and who come forward, confidentially, to object to obvious instances of be-robed venality are themselves subjected to the severest sanction." Consideration of salary increases for the judges should be put on hold, the writer asserts. Why? Better rules than the "bogus revised" ones are needed immediately. "In writing their own ethics rules, the judges have given themselves impunity to accept bribes." The writer offers prescriptive comments, including the text of a "Best Practices Declaration," which should be binding upon any who seek a position on the bench, local state or federal.

A history of the ancestry of Elizabeth Huey Taylor Cook, tracing various genealogical lines more than four hundred years. Individuals and couples are placed in their historical context, showing their participation in the events of their time (Revolutionary War, Civil War, early settlements in Massachusetts, Virginia, and Kentucky). Special attention is given to the role of various ancestors in the Indian wars of the 1600s and 1700s. Many details about the families' ownership of slaves are included. Various indiiduals' participation in church and community activities - from the earliest colonial settlements to and including the 20th century - are also covered. The main surnames which are treated include TAYLOR, HUEY, MOORE, CROUCH, MAYO, BALDWIN, SCOTT, DAWSON, PUTNAM, PORTER, HAWTHORNE, DOYNE, WHARTON, STONE, WINSTON, GAINES, WATTS, GOUGE, GRAVES, WILLIAMS, HUNT, JEWETT/JUETT, MASON, PENDLETON, GAMEWELL, SWAINE, PARSONS, BOOTH, WOODBURY, DWIGHT, WALTON, MAVERICK, HARRISON, LYTTLETON, VALLETTE, MARMADUKE. A total of about 120 surnames are traced.

A genealogy of Cecil Virgil Cook, Jr (1913-1970) and a history of the ancestry of Cecil Cook, extending backward some four hundred years, through various family lines and surnames. The principal surnames covered include (but are not limited to) COOK, FARMER, DORLAND, GOODE, FLOOD, BONDURANT, JONES, KEINADT (KAINADT, KOINER, KOYNER, COINERT AND COINER), DILLER, DORRIS, IRELAND, FELLOWS, SLAGLE, GRADELESS (GRAYLESS GRAYLEY), VAN ARSDALEN, MOORE, COTTON, CHENEY, CARMEAN (CREMEEN), CHEATHAM, HAWKINS, CROCKETT (CROSKETAGNE), DE SAIX, VAN METER (VAN METEREN), BODINE, DUBOIS, RENTFRO. The individuals represented by these surnames are placed in their context, with attention paid to events in which they played a part (the settlement of the earliest colonies, Indian Wars, the American Revolutionay War and Civil War, slavery and Reconstruction). Connections are also traced in Europe, primarily in England and France, in the 15th and 16th centuries.

At the root of inequality, unemployment, and populism are radical changes in the world economy. Digital technology is allowing talented foreigners to telecommute into our workplaces and compete for service and professional jobs. Instant machine translation is melting language barriers, so the ranks of these "tele-migrants" will soon include almost every educated person in the world. Computing power is dissolving humans' monopoly on thinking, enabling AI-trained computers to compete for many of the same white-collar jobs. The combination of globalization and robotics is creating the globotics upheaval, and it threatens the very foundations of the liberal welfare-state. Richard Baldwin, one of the world's leading globalization experts, argues that the inhuman speed of this transformation threatens to overwhelm our capacity to adapt. From computers in the office to automatic ordering systems in restaurants, we are familiar with the how digital technologies offer convenience while also eliminating jobs. Globotics will disrupt the lives of millions of white-collar workers much faster than automation, industrialization, and globalization disrupted the lives of factory workers in previous centuries. The result will be a backlash. Professional, white-collar, and service workers will agitate for a slowing of the unprecedented pace of disruption, as factory workers have done in years past. Baldwin argues that the globotics upheaval will be countered in the short run by "shelter-ism" - government policies that shelter some service jobs from tele-migrants and thinking computers. In the long run, people will work in more human jobs-activities that require real people to use the uniquely human ability of independent thought-and this will strengthen bonds in local communities. Offering effective strategies such as focusing on the social value of work, The Globotics Upheaval will help people prepare for the oncoming wave of an advanced robotic workforce.

Research on the spatial aspects of economic activity has flourished over the past decade due to the emergence of new theory, new data, and an intense interest on the part of policymakers, especially in Europe but increasingly in North America and elsewhere as well. However, these efforts--collectively known as the "new economic geography"--have devoted little attention to the policy implications of the new theory.

"Economic Geography and Public Policy" fills the gap by illustrating many new policy insights economic geography models can offer to the realm of theoretical policy analysis. Focusing primarily on trade policy, tax policy, and regional policy, Richard Baldwin and coauthors show how these models can be used to make sense of real-world situations. The book not only provides much fresh analysis but also synthesizes insights from the existing literature.

The authors begin by presenting and analyzing the widest range of new economic geography models to date. From there they proceed to examine previously unaddressed welfare and policy issues including, in separate sections, trade policy (unilateral, reciprocal, and preferential), tax policy (agglomeration with taxes and public goods, tax competition and agglomeration), and regional policy (infrastructure policies and the political economy of regional subsidies). A well-organized, engaging narrative that progresses smoothly from fundamentals to more complex material, "Economic Geography and Public Policy" is essential reading for graduate students, researchers, and policymakers seeking new approaches to spatial policy issues.

Regional trade agreements (RTAs) have proliferated around the world in the past two decades, and now nearly all members of the WTO are party to at least one. Besides tariffs and rules of origin regulating trade in goods, many RTAs now include provisions on services, investments, technical barriers to trade and competition rules, as well as a host of issues not directly related to trade. The geographic reach of RTAs is expanding, with transcontinental agreements spreading forcefully alongside intra-regional agreements. 'Multilateralizing Regionalism' was the title of a major conference held from 10-12 September 2007 at the WTO in Geneva. Brought together in this publication, the conference papers achieve two things. First, they marshall detailed, new empirical work on the nature of the 'Spaghetti Bowl' and the problems it poses for the multilateral trade system. Second, they contribute fresh and creative thinking on how to 'tame the tangle' of regional trade agreements.

At first sight, a free trade agreement (FTA)between Switzerland and the United States seems implausible, but this important new study concludes that a FTA between the two countries would be highly worthwhile to both countries. As leading advocates of market capitalism, Switzerland and the United States are well situated to conclude an FTA that breaks new ground in dismantling barriers. The study finds that the annual GDP gains to each partner from expanded trade could be on the order of $1.1 billion.

A study of the nature and the policy implication of changes in the global economy in relationship to the process of regional integration, conducted using the newest techniques of economic analysis. The principal message drawn from these analytical and policy insights is that in a world characterised by trade distortions and nonlinearities, regional integration may or may not foster global integration, and may or may not advance regional or global convergence. The key is good economic policy based on sound economic analysis. Part one of the volume covers three international trade policy issues: regionalism and multilateralism; the political economy of trade policy; and trade income inequality. Part two (chapters 7-11) focuses on three 'domestic' problems faced by regional groups: labour migration; exchange rate arrangements; and real convergence.

Economic Policy is written for all those with an informed interest in economic policy problems. All articles are submitted to rigorous scrutiny by a panel of distinguished economists from around the world, resulting in a volume of authoritative and accessible articles, each followed by the comments of panel members.
Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early.
Papers are specially commissioned from first-class economists and experts in the policy field.
The editors are all based at top European economic institutions and each paper is discussed by a panel of distinguished economists.
This unique approach guarantees incisive debate and alternative interpretations of the evidence.
Economic Policy increases to 4 issues in 2005.