Regionalism in Europe

Over the past 40 years, the European Union has been a great force of attraction for new members. At the same time it has entered a host of bilateral and multilateral regional agreements with non-member countries. The result of these developments is a rather unique form of regionalism in Europe, consisting of deep integration within the European Union and a network of sometimes overlapping arrangements involving the Union. Regionalism in Europe: Geometries and Strategies After 2000 brings together a collection of studies of the nature and the implications of this unique regionalism in Europe written by a group of renowned economists from various countries. The issues discussed in this book range from theoretical and institutional aspects to empirical studies of the EU's regional policy, the regional implications of European Monetary Union, and empirical studies of the trade and welfare effects of regional arrangements between the EU and other countries.

Contenu

Introduction. Part I: Theoretical and Institutional Aspects of Regionalism. 1. Federalism with Overlapping Jurisdiction and Variable Levels of Integration: The Concept of FOCI; B.S. Frey, R. Eichenberger. 2. On the Long-Run Effects of Expanding Regionalism; C. Freund. 3. Trade Regionalism in Europe: Towards Integrated Approach; A. Sapir. Part II: Regional Policy in Europe. 4. Regional Economic Convergence: Is European Regional Policy Worth Keeping; M. Boldrin, F. Canova. Part III: Regional Implications of European Monetary Union. 5. Northern Light: Do Optimal Currency Area Criteria Explain Nordic Reluctance to Join EMU? M. Hutchison, M. Bergman. 6. Europe's Outsiders and their Challenges with EMU; A. Fischer. Part IV: Regionalism: The EU and Other Regions. 7. Nordic Integration and European Integration; T. Gylfason. 8. Deep Integration, Nondiscrimination, and Euro-Mediterranean Trade; B. Hoekman, D.E. Konan. 9. Turkey's Strategic Trade Policy Alternatives in a World of Multi-Polar Trade Blocs: Lessons from an Intertemporal, Multi-Region General Equilibrium Model; X. Diao, A.E. Yeldan. 10. Post Lomé Trading Arrangements: The Multilateral Option; L.A. Winters. Index.