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Market and Trade Related Determinants of Economic Integration Among Developing Countries

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  • Marinov, Eduard

Abstract

Regional integration is often viewed as a way to support development and economic growth in developing countries through the related with it benefits to trade and welfare. There is a clear distinction between the integration processes among developed countries where mainly the classic static and dynamic effects described by classic and new integration theory are sought, and those among developing and least developed countries – where the reasoning, the expected benefits and the clear constrains to the participation in integration arrangements are different. The current paper tries to come up with a conclusion on what parts of classic and new integration are applicable to the integration arrangement among developing countries and tries to summarize these theories in three main groups – general economic, market-related and trade-related factors and effects.

Suggested Citation

  • Marinov, Eduard, 2014. "Market and Trade Related Determinants of Economic Integration Among Developing Countries," MPRA Paper 62291, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:62291
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    References listed on IDEAS

    as
    1. Shams, Rasul, 2003. "Regional Integration in Developing Countries: Some Lessons Based on Case Studies," Discussion Paper Series 26272, Hamburg Institute of International Economics.
    2. Shams, Rasul, 2003. "Regional integration in developing countries: Some lessons based on case studies," HWWA Discussion Papers 251, Hamburg Institute of International Economics (HWWA).
    3. Simonetta Longhi & Peter Nijkamp, 2007. "Economic Integration and Labour Markets: Ways Forward," Contributions to Economics, in: George M. Korres (ed.), Regionalisation, Growth, and Economic Integration, pages 3-23, Springer.
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    6. Bela Balassa & Ardys Toutjesdijk, 1975. "Economic Integration Among Developing Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 14(1), pages 37-55, September.
    7. Mordechai E. Kreinin, 1964. "On the Dynamic Effects of a Customs Union," Journal of Political Economy, University of Chicago Press, vol. 72(2), pages 193-193.
    8. Inotai, Andras, 1991. "Regional integration among developing countries, revisited," Policy Research Working Paper Series 643, The World Bank.
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    More about this item

    Keywords

    Economic Integration Theory; Developing Countries Integration;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements

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