Economic Integration and Development
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Economic Integration and Development

Has Regionalism Delivered for Developing Countries?

Mordechai E. Kreinin and Michael G. Plummer

Mordechai Kreinin and Michael Plummer consider the implications of the emerging global trend of economic regionalism for developing countries. The analysis focuses on the trade and investment effects of integration in developed countries on developing countries, as well as the ramifications of regional integration in the latter. After an extensive review of the theoretical and empirical literature pertinent to the economics of regionalism, the book considers the ex-post trade and direct-foreign-investment effects of the Single Market Program in Europe and NAFTA, followed by chapters on ASEAN and economic integration in Latin America, primarily MERCOSUR.
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Mordechai E. Kreinin and Michael G. Plummer


We are grateful to the Institute of Southeast Asian Studies (ISEAS) for financial support and intellectual stimulation during our stay in Singapore in the summer of 1998. In particular, we received excellent comments and direction from Professor Chia Siow Yue, Director of ISEAS. We also received research assistance from Yuri Soares, Nihan Mert and Gauri Ponappa. Yuri Soares and Jason Eis helped contribute to Chapter 8. Finally, we are grateful to the Global Economic Quarterly for their permission to allow us to reprint ‘Anticipatory effects of regional integration: the case of ASEAN’ (Chapter 7). ix Kreinin 00 prelims 24/9/02 12:23 pm Page x

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