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International Transactions and Regional Integration

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  • Puchala, Donald J.

Abstract

The relevance of transaction analysis to the study of regional integration has been the subject of controversy. In dialectical fashion though, this controversy has produced improved understanding. Early exponents, who tended at times to overestimate the efficacy of the transaction approach, have accepted its limitations, and, by the same token, some early critics of transaction analysis have accepted its usefulness. Overall, we have come to recognize that regional integration is a multidimensional phenomenon, much more complex than initially imagined. Transaction approaches are appropriate and useful for investigating some aspects of regional integration; they are less useful for investigating others.

Suggested Citation

  • Puchala, Donald J., 1970. "International Transactions and Regional Integration," International Organization, Cambridge University Press, vol. 24(4), pages 732-763, October.
  • Handle: RePEc:cup:intorg:v:24:y:1970:i:04:p:732-763_01
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    Cited by:

    1. Sam-Sang Jo, 2012. "Region-building and critical juncture: Europe and Northeast Asia in comparative perspective," Asia Europe Journal, Springer, vol. 10(1), pages 1-20, May.
    2. James Lee Ray & J. David Singer, 1973. "Measuring the Concentration of Power in the International System," Sociological Methods & Research, , vol. 1(4), pages 403-437, May.

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