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Regional Blocs: Building Blocks or Stumbling Blocks?

Regional Blocs: Building Blocks or Stumbling Blocks?

Paperback

EconomicsInternational Relations

ISBN10: 134925813X
ISBN13: 9781349258130
Publisher: Palgrave MacMillan
Published: Jan 1 1997
Pages: 242
Weight: 0.73
Height: 0.59 Width: 5.50 Depth: 8.50
Language: English
A topical study of regional arrangements covering ASEAN, SAARC and APEC in Asia, NAFTA and MERCOSUR in the Americas, SADC, SACU and ECOWAS in Africa, and the European Union, EFTA and Eastern Europe. The book argues that foreign direct investment is complementary to trade and most regional arrangements can create trade and induce growth so long as they remain open and non-discriminatory. But they could also become stumbling blocks to globalization. The book demonstrates how US and EU trade policy will be crucial in shaping the world economy.

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