Regional integration and intra-regional trade: a comparative analysis

Intra - African Trade and Regional Integration

In the fast globalizing world, the combined effect of small market size, weak institutions, low human development, worsening terms of trade, persistent conflict and poor investment climate, pan-African cooperation as enshrined in the African Economic Community and NEPAD has been designated by African governments as the best overall framework for accelerating African development in the 21 centur...

ECO and Regional Trade

Economic Cooperation Organization (ECO), based on regional and multicultural cooperation, has focused on the improvement of living standards, collective as well as individual prosperity of people and economic development of member’s states. Since February 1992 ECO has been expanded to ten as the result of collapse of the Soviet Union. Of course, gas and oil are very important factors in this re...

Regional Trade Integration and Multinational Firm Strategies

This paper analyzes the e¤ects of the formation of a regional trade agreement on the level and nature of multinational …rm activity. We examine aggregate data that captures the response of U.S. multinational …rms to the formation of the ASEAN free trade agreement. Observed patterns guide the development of a model in which heterogeneous …rms from a source country decide how to serve two foreign...

The Interactive Relationship between Regional Trade Integration and Foreign Direct Investment

E conomic integration among countries has continued to deepen over the past decade. This is especially visible at the regional level, with the escalation of Regional Integration Agreements (RIAs) ranging from Free Trade Areas (FTAs) to Customs Unions (CUs). Nowadays, many developing countries have entered a new regional integration agreement with developed and developing countries. S...

Regional Trade Integration and Spatial Effects in the Euro Mediterranean Zone