The Political Economy of Trade Integration by Oliver FratzscherThe Political Economy of Trade Integration by Oliver Fratzscher

The Political Economy of Trade Integration

byOliver Fratzscher

Paperback | August 16, 1996

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Theory of international trade is merged with models of political economy in order to illustrate puzzling issues in a world of rapid trade integration: How can regionalism and multilaterism be compatible and welfare be improved in a world of expanding trading blocks? How can a sustainable mechanism of trade integration be designed in Central Europe? How can foreign direct investment affect volumes and direction of trade? The Political Economy of Trade Integration reveals answers and policy implications.
Title:The Political Economy of Trade IntegrationFormat:PaperbackDimensions:196 pages, 9.25 × 6.1 × 0.07 inPublished:August 16, 1996Publisher:Physica-Verlag HD

The following ISBNs are associated with this title:

ISBN - 10:3790809454

ISBN - 13:9783790809459


Table of Contents

Contents: Regionalism and Multilaterism: How Are They Compatible? - A Symmetrical Two-sector Trading Block Model: A Look at Trade Data: More Regionalism and More Welfare.- Krugman's Trading Block Model.- Two-sector Trading Block Model with Comparative Advantage.- A Brief Critique, Conclusions, and Outlook.- Political Economy of Trade Integration - A Mechanism of Central European Integration: A Pressure Group Model of Trade Policy.- Simulations with a Modified Trading Block Model.- The Central European Demand for Integration.- The European Union's Supply of Integration.- FDI: The Neglected Twin of Trade - A Substitute or a Complement?: FDI and Trade as Vehicles of Global Integration.- FDI and the Theory of Multinational Firms.- Data Material.- A Gravity Model of International Trade and FDI.- Pitfalls of the Gravity Model.- Macroeconomic Considerations.