The Theory of Economic Integration (Routledge Revivals)

By Bela Balassa

© 1962 – Routledge

304 pages

Purchasing Options:
Paperback: 9780415681247
pub: 2012-09-29
US Dollars$46.95
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Hardback: 9780415679107
pub: 2011-06-28
US Dollars$170.00
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About the Book

First published in 1962, The Theory of Economic Integration provides an excellent exposition of a complex and far-reaching topic. Professor Balassa has been remarkably successful in covering so much ground with such care and balance, in a treatment which is neither in any way abstruse nor unnecessarily technical. His book will interest economists in Europe by reason of its subject and treatment, but it is also a valuable and reliable textbook for students tackling integration as part of a course of International Economics and for those studying Public Finance.

He distinguishes between the various forms of integration (free trade area, customs union, common market, economics union, and total integration). In addition, he applies the theoretical principles to current projects such as the European Common Market and Free Trade Area, and to Latin American integration projects.

In offering this theoretical study, the author builds on the conclusions of other writers, but goes beyond this in providing a unifying framework for previous contributions and in exploring questions that in the past received little attention – in particular, the relationship between economic integration and growth (especially the interrelationship between market size and growth, and the implications of various factors for economic growth in an integrated area).

Table of Contents

1. Introduction Part 1: The Statics of Economic Integration 2. Commodity Movements: Production Aspects 3. Commodity Movements: Consumption and Welfare Aspects 4. Factor Movements Part 2: The Dynamics of Economic Integration 5. National Frontiers and Economic Growth 6. Economies of Scale 7. External Economies 8. Further Dynamic Factors Part 3: Integration and Economic Policy 9. Regional Problems in a Common Market 10. Harmonization of Social Policies 11. Fiscal Problems in a Union 12. Monetary Unification and the Balance of Payments

About the Series

Routledge Revivals

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Drawing from over 100 years of innovative, cutting-edge, publishing Routledge Revivals is an exciting new programme whereby key titles from the distinguished and extensive backlist of the many acclaimed imprints associated with Routledge will be re-issued.

The programme draws upon the illustrious backlists of Kegan Paul, Trench & Trubner, Routledge & Kegan Paul, Methuen, Allen & Unwin and Routledge itself.

Routledge Revivals spans the whole of the Humanities and Social Sciences, and includes works by some of the world’s greatest thinkers including Emile Durkheim, Max Weber, Simone Weil, Martin Buber, Karl Jaspers and Max Beloff.

If you are interested in Revivals in the Behavioral Sciences, please visit http://www.psypress.com/books/series/psyrevivals/.

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS051000
BUSINESS & ECONOMICS / Public Finance
BUS069020
BUSINESS & ECONOMICS / International / Economics
BUS069030
BUSINESS & ECONOMICS / Economics / Theory