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International Handbook on the Economics of Integration, Volume III

Factor Mobility, Agriculture, Environment and Quantitative Studies Edited by Miroslav N. Jovanović, Dušan Sidjanski Centre of Excellence in European Studies, Global Studies Institute, University of Geneva, Geneva, Switzerland
With this Handbook, Miroslav Jovanović has provided readers with both an excellent stand-alone original reference book as well as an integral part of a comprehensive three-volume set. This introduction into a rich and expanding academic and practical world of international economic integration also provides a theoretical and analytical framework to the reader, presenting select analytical studies and encouraging further research.
Extent: 496 pp
Hardback Price: £165.00 Web: £148.50
Publication Date: 2011
ISBN: 978 1 84980 427 1
Availability: In Stock
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  • Economics and Finance
  • International Economics
  • Regional Economics
  • Urban and Regional Studies
  • Regional Economics
With this Handbook, Miroslav Jovanović has provided readers with both an excellent stand-alone original reference book as well as an integral part of a comprehensive three-volume set. This introduction into a rich and expanding academic and practical world of international economic integration also provides a theoretical and analytical framework to the reader, presenting select analytical studies and encouraging further research.

International Handbook on the Economics of Integration, Volume III covers three broad themes: factor mobility (transnational corporations and labour migration); agriculture and environment; and quantitative studies of integration effects. A removal of barriers for the mobility of factors in certain integration arrangements among countries has an impact on the mobility of capital, firms and individuals within the group. Various aspects of this factor mobility are analysed in eight detailed chapters. The second theme of the Handbook is devoted to agriculture and environment. This is of great global relevance as the Common Agricultural Policy of the EU has been a bone of contention in international relations over several decades. Finally, seven quantitative studies of the effects of integration attempt to measure various potential benefits of regional integration efforts.

Contributors to this major reference work include eminent authors, some of whom contributed to the creation of economic integration theory from the outset. The authors not only survey the literature, but also present their own arguments and new ideas in order to offer a new perspective, as well as discussing the issues they believe are essential in the field. Each of the insightful chapters is approachable not only to graduate students, scholars, researchers and policymakers, but also to advanced undergraduate students.
‘This Handbook provides a comprehensive tour and in-depth analysis of the principal economic dimensions of economic intregration and the global economy. Due to diverse range of themes dealt with by the Handbook’s authors it is inevitable that the reader may agree or disagree with the expressed views , but in this lies the Handbook’s significance in that it will inspire more research, articles and books on the subjects covered. In sum, the Handbook provides a wide array of source material and information for potential future research. I would recommend this Handbook to every university library and anyone, scholars and practitioners alike, interested in the far-reaching strands of international economics and integration.’
– Isidora Ljumović, Journal of Economic Integration

‘International Handbook on the Economics of Integration edited by Miroslav Jovanović provides timely and rich academic contributions to considerations of the widest array of integration-related issues. European integration has been providing an inspiration to a number of academics and researchers. The Handbook is a recognition of the dynamic and strong solidarity of European integration. At the same time, the European Union often provided an example for integration schemes throughout the world which spread enormously since the mid-1990s. Leading experts from all continents contributed to this Handbook which will be a valuable input into academic and policy-making discussions and actions.’
– José Manuel Barroso, President of the European Commission

‘Miroslav Jovanović’s publication represents a rich contribution to the complex issue of regional integration, its benefits, its shortcomings, and its relationship with multilateral trade opening. It sheds light over an issue which is the subject of intense discussions in trade circles.’
– Pascal Lamy, Director-General of the WTO

‘Much has been written on trade agreements as a mechanism to integrate the markets of two or more countries – often inspired by the European example. In recent years, attention has increasingly focused on the importance of economic geography as a determinant of industrial location. This book combines the two strands of analysis, bringing together leading experts in the fields of economic geography and international trade. The result is an outstanding compilation of papers that illuminate how policies and economic forces affect the location of economic activity in an integrated Europe.’
– Bernard Hoekman, Director, The World Bank, US

‘The open multilateral trading system is a tremendous success of the past half century, and has contributed greatly to the world’s unprecedented rate of economic growth. Over the past two decades however, preferential trading arrangements have proliferated, raising questions as to how compatible they are with the open multilateral system, and what policies might be adopted to improve outcomes. The essays in this volume detail the emergence of PTAS and provide comprehensive and up-to-date analyses of the state of play of preferential arrangements in all regions of the world. The volume will provide a useful reference for all those wanting to understand existing preferential arrangements and their role in the international economy today.’
– Anne O. Krueger, Johns Hopkins University and Stanford University, US

‘Economic integration is a complex and multifaceted giant, with a myriad aspects ranging from regional and global concentration and dispersal of economic activity to social and political consequences for individuals and communities in developed and developing countries alike. This landmark, three volume collection of chapters by leading authors, drawn from many fields, is a worthy and timely contribution to the analysis of a phenomenon with profound implications for the future world economy – and its governance.’
– James Zhan, Director, Investment & Enterprise Division, UNCTAD
Contributors: M. Adler, K. Anderson, K.-i. Ando, H. Badinger, F. Breuss, J. Clegg, A.F. Constant, S. Djajić, J.H. Dunning, N. Grimwade, T. Hagen, G. Hufbauer, G. Ietto-Gillies, R. Jongeneel, C. Knill, V.P.M. Le, J.A. Marchetti, D.G. Mayes, P. Minford, P. Mohl, E. Nowell, C.H. Oh, C.N. Pitelis, A.K. Rose, A.M. Rugman, A.E. Safarian, H. Silvis, J. Tosun, E. Valenzuela, P. van den Noort, J. Wang, K.F. Zimmermann
Contents:

Foreword
Nicolas Levrat

Introductory Note
Petko Draganov

Preface

Introduction

PART I: FACTOR MOBILITY

Section 1. Transnational Corporations
1. Foreign Direct Investment and Economic Integration
Christos N. Pitelis

2. An Enlarged EU, Institutional Challenges and European Competitiveness
John H. Dunning and Jeremy Clegg

3. The Integration and Fragmentation Roles of Transnational Companies
Grazia Ietto-Gillies

4. Multinational Enterprises and Regional Economic Integration: Rethinking Key Metrics in International Business
Alan M. Rugman and Chang Hoon Oh

5. Economic Integration from Above and Below with the Evidence of Japanese MNEs in Europe
Ken-ichi Ando

6. International Mergers and Acquisitions
A. Edward Safarian

Section 2. Labour Migration
7. Migration, Ethnicity and Economic Integration
Amelie F. Constant and Klaus F. Zimmermann

8. Reforming the System of International Migration
Slobodan Djajić

PART II: AGRICULTURE AND ENVIRONMENT
9. European Integration and Agricultural Protection: An Introduction
Piet van den Noort

10. The Reforms of the Common Agricultural Policy
Huib Silvis and Roel Jongeneel

11. Agricultural Policy as a Barrier to Global Economic Integration
Kym Anderson and Ernesto Valenzuela

12. The Differential Impact of Economic Integration on Environmental Policy
Jale Tosun and Christoph Knill

PART III: QUANTIFICATION OF EFFECTS OF INTEGRATION
13. Estimating the Effects of Integration
Nigel Grimwade, David G. Mayes and Jiao Wang

14. The Quantitative Effects of European Post-war Economic Integration
Harald Badinger and Fritz Breuss

15. Measuring the Extent and Costs of EU Protectionism
Vo Phuong Mai Le, Patrick Minford and Eric Nowell

16. Econometric Evaluation of EU Cohesion Policy: A Survey
Tobias Hagen and Philipp Mohl

17. Policy Liberalisation and US Integration with the Global Economy: Trade and Investment between 1980 and 2006
Gary Hufbauer and Matthew Adler

18. GATT/WTO Membership and its Effect on Trade: Where Do We Stand?
Andrew K. Rose

19. Do Economic Integration Agreements Lead to Deeper Integration of Services Markets?
Juan A. Marchetti

Index