What are the advantages of regional integration, Macroeconomics

Benefits of Regional Integration

Most economic experts cite that regional integration permits disadvantaged countries to realize economies of scale, vie on a broader (often global) platform and enhance overall economic efficiency. Alassane D. Ouattara the Deputy Managing Director of the International Monetary Fund declares that regional integration 'enables participating countries to pool their resources and avail themselves of regional institutional and human resources, in order to achieve a level of technical and administrative competence that would not be likely on an individual basis'.


Posted Date: 4/1/2013 3:47:48 AM | Location : United States

Related Discussions:- What are the advantages of regional integration, Assignment Help, Ask Question on What are the advantages of regional integration, Get Answer, Expert's Help, What are the advantages of regional integration Discussions

Write discussion on What are the advantages of regional integration
Your posts are moderated
Related Questions
What is the difference between accounting profit and economic profit? Accounting Profit: The accounting profit of a business is the revenue of business minus the explicit

Which one of the following statements is correct? A. Most production possibilities curves illustrate decreasing marginal opportunity costs. B. Relative scarcity is no longer

What is the meaning of Capital - Gross domestic product By capital we characteristically mean manufactured goods which are used to produce other goods and services though are

in the keynesian cross assume that the consumption function is given by c=200+0.75(y-t). given planned investment is 100, government purchases and taxes are both 100. then what i

Q. Explain the Says Law? GDP, and Say's Law Aggregate supply Y S = f(L, K) in the classical model where L is concluded in the labor market while K is

To develop what you believe is a terrific idea for a video game, you lease 50,000 square feet in an office building from Commercial Property, LLC, under a written five-year lease.

You are an assistant to a senator who chairs an ad hoc committee on reforming taxes on telecommunication services. Based on your research, AT&T has spent over $15 million on relate

Discuss how decisions are made in your workgroup. Which model is used for what situation? Be sure to provide specific examples of at least three situations and what model was used

The final and most important part of the methodology is the impulse response functions which will provide the most information with regards to the aim of the project. In order to a