Theory of Economic Integration Uniwersytet （经济一体化Uniwersytet理论）.pdf

Theory of Economic Integration Descriptive background Katarzyna Śledziewska k.sledziewska@.pl .pl/~sledziewska What is economic integration? What is regionalism? • Definition and significance International economic integration • Complex notion which must be defined with care • Does not have a clear-cut meaning for all economists • Definitions are often vague – Mess – Process or stage? International economic integration • Pinder (1969) – Combination of parts into the whole. • Union is a outcome of the combination of these parts or members – A process towards union – Removal of discrimination between economic agents of the member countries • Kahnert te al.. (1969) – Process of the progressive removal of discrimination that exists along national borders • Mennis and Sauvant (1976) – Process whereby boundaries between nation-states become less discontinuous, thereby leading to the formation of more comprehensive systems. International economic integration • Pelkmans (1984) – Elimination of economic frontiers between two or more economies. – Economic frontier • A demarcation line across which the mobility of goods, services and factors is relatively low. • Balassa (1973) – Process – the removal of discrimination between different states – State of affairs – the absence of different forms of discrimination • Swann (1996) – Process or state of affairs that involves the combination of previously separate economies into larger arrangements International economic integration • Molle (1991) – Prograssive elimination of economic frontiers between countries – This progress is gradual • El-Agraa (1985) – Discriminatory removal of all trade impediments