First published in 1971, this is a study of the application of the economic theory of integration in developing countries attempts to assess the development of common markets and free trade areas in the contemporary developing world.
The book synthesises various revisions of the old theory of the customs union, tackling the process of elaborating an appropriate theory for developing countries. The reissue will be of interest to those concerned with International Trade and Development Economics, as well as those interested in the development of the Caribbean region.
Part I: A Theory of Economic Integration for Developing Countries 1. Qualitative Aspects of the Theory 2. Quantitative Aspects of the Theory Part II: Application of the Theory to Caribbean Countries 3. Economic Characteristics of Selected Caribbean Countries 4. Integration Movements in the Caribbean Part III: Application of the Theory to the Caribbean Countries 5. Choice of Alternative Integration Patterns for the Selected Countries 6. Analysis of Alternative Integration Patterns