The Regionalization of the World Economy is popular PDF and ePub book, written by Jeffrey A. Frankel in 2007-12-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Regionalization of the World Economy can be Read Online from any device for your convenience.
The Regionalization of the World Economy Book PDF Summary
Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.
Detail Book of The Regionalization of the World Economy PDF
- Author : Jeffrey A. Frankel
- Release : 01 December 2007
- Publisher : University of Chicago Press
- ISBN : 9780226260228
- Genre : Business & Economics
- Total Page : 295 pages
- Language : English
- PDF File Size : 15,6 Mb
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