New PDF release: Regional integration: the West European experience

By William Wallace

ISBN-10: 0815792247

ISBN-13: 9780815792246

This paintings is a part of the Integrating nationwide Economies sequence. As worldwide markets for items, companies and fiscal resources became more and more built-in, nationwide governments now not have as a lot regulate over financial markets. With the of completion of the Uruguay around of the GATT talks, the area economic climate has entered a clean section requiring varied principles and varied degrees of overseas cooperation. rules as soon as considered solely family and effectively decided by means of nationwide political associations, at the moment are topic to foreign constraints. Cogent research of this deeper integration of the realm financial system, and guidance for presidency rules, are pressing priorities. This sequence goals to satisfy those wishes over quite a number 21 books via a number of the world's best economists, political scientists, overseas coverage experts and executive officers. all of the books within the sequence are provided on the similar fee: #22.50 for hardbacks and #8.50 for paperbacks.

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European Integration, Global Integration 87 The Complications of Post-Cold War Europe 95 The Overloaded Agenda: Regional Integration as a Distraction from Global Integration 104 Comments Suzanne Berger 109 Appendix: Institutions and Their Membership 119 References 125 Index 131 Page xiii Abbreviations and Acronyms APEC Asia-Pacific Economic Cooperation CAPCommon Agricultural PolicyCFSPCommon Foreign and Security PolicyCSCEConference on Security and Cooperation in EuropeECEuropean CommunityECJEuropean Court of JusticeEcosocEconomic and Social CommitteeECSCEuropean Coal and Steel CommunityEDCEuropean Defence CommunityEEAEuropean Economic AreaEECEuropean Economic CommunityEFTAEuropean Free Trade AssociationEMSEuropean Monetary SystemEMUeconomic and monetary unionEPCEuropean Political CooperationEUEuropean UnionEuratomEuropean Atomic Energy CommunityGATTGeneral Agreement on Tariffs and TradeGDPgross domestic productionG7Group of SevenIEAInternational Energy AgencyIGCIntergovernmental ConferenceIMFInternational Monetary FundNACCNATO Consultative CommitteeNAFTANorth American Free Trade Agreement Page xiv NATO North Atlantic Treaty Organization OECD Organization for Economic Cooperation and Development OEEC Organization for European Economic Cooperation WEU West European Union Page xv Preface to the Studies on Integrating National Economies Economic interdependence among nations has increased sharply in the past half century.

Although many nations today are small and carry little individual weight in the global economy, their combined influence is considerable and their interests cannot be ignored as easily as they were in the past. A second political trend, less visible but equally important, has been the gradual loss of the political and economic hegemony of the United States. Immediately after World War II, the United States by itself accounted for more than one-third of world production. S. share had fallen to about one-fifth.

Dilemmas for National Policies Cross-border economic integration and national political sovereignty have increasingly come into conflict, leading to a growing mismatch between the economic and political structures of the world. The effective domains of economic markets have come to coincide less and less with national governmental jurisdictions. When the separation fences at nations' borders were high, governments and citizens could sharply distinguish "international" from "domestic" policies. International policies dealt with at-the-border barriers, such as tariffs and quotas, or responded to events occurring abroad.

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Regional integration: the West European experience by William Wallace


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