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Regional Trade and Economic Development

In: Economic Development Through Regional Trade

Author

Listed:
  • Kato Kimbugwe

    (Aberystwyth University)

  • Nicholas Perdikis

    (Aberystwyth University)

  • May T. Yeung

    (Estey Centre for Law and Economics in International Trade)

  • William A. Kerr

    (University of Saskatchewan)

Abstract

Regional integration has many synonyms including economic integration and economic cooperation, but is generally understood to be the coming together of countries, usually, but paradoxically, not always in the same region,1 with the objective of reducing barriers to trade between members and in the process, spurring development and enhancing welfare in the region. Pelkmans (1984, p. 2) defines economic integration as ‘both a state of affairs and a process’. As a state of affairs, it refers to a fusion of separate national economies through various types of integration. As a process, it signifies the gradual elimination of economic barriers between countries. Hine (1994) defines it as attempts by governments to link together the economies of two or more countries through the removal of economic barriers under specific integration schemes. (p. 235)

Suggested Citation

  • Kato Kimbugwe & Nicholas Perdikis & May T. Yeung & William A. Kerr, 2012. "Regional Trade and Economic Development," Palgrave Macmillan Books, in: Economic Development Through Regional Trade, chapter 2, pages 11-31, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36992-4_2
    DOI: 10.1057/9780230369924_2
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    Citations

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    Cited by:

    1. Franziska Schuenemann & William A. Kerr, 2019. "European Union non-tariff barriers to imports of African biofuels," Agrekon, Taylor & Francis Journals, vol. 58(4), pages 407-425, October.
    2. Kerr, William A., 2018. "Dismantling Trade Agreements: Why Is It So Difficult?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 19(1), June.
    3. Kerr, William A., 2012. "Taming the Bear: The WTO after the Accession of Russia," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 13(2), pages 1-10.

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