Political Economy

Assessment and Measurement of Regional Integration by Philippe De Lombaerde

By Philippe De Lombaerde

A unique exam of why the quest for international loose exchange frequently forgets that exchange liberalization is organized locally instead of multilaterally. There are actually greater than 250 nearby integration tasks and this quantity is progressively expanding. This development increases a key query: what's the influence of neighborhood integration, either for the nations concerned and for these excluded from local integration schemes? utilizing a mixed monetary, political technological know-how and medical method, this ebook explores how nearby integration may be measured and evaluated and can provide entire solutions. It appears to be like on the methodological difficulties serious about designing tracking instruments for neighborhood integration in a scientific method and makes a few concrete feedback for designing and establishing platforms of signs of nearby integration. It additionally bargains a serious assessment of accessible symptoms and instruments and provides the most important new tracking instruments.

This booklet should be of serious curiosity to scholars and researchers of diplomacy and economics in addition to coverage makers and pros inside overseas and neighborhood organizations.

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Information and knowledge flows Actors and structural factors The categories of ‘Actors’ (cat. I) and their structural characteristics (‘Structural factors’) (cat. II), contain information about the basic building blocks of the integration effort. 22 The number of countries or regions involved has a direct influence on the dynamics of the decision-making process, although that relationship is not straightforward and should be seen in combination with the issue of asymmetries (see above). From an administrative and political point of view, the number and character of the policy-making and implementing levels is also important.

24 It has also been shown that proximity/distance is a typical multidimensional variable; physical, economic, political, cultural, linguistic and historical proximity are all relevant variables. As we mentioned before, structural asymmetries play an important role in integration processes although the direction of causalities is not clear. Its measurement can be based on variables of population, the economy, external relations, and so on. Indicators of institutionalisation and policy implementation The actors involved in integration processes take steps (measures) that are supposed to contribute towards regional integration and the ‘Institutionalisation’ of the region and its integration effort (cat.

4 An indicator should measure something believed to be important or significant in its own right, or should reflect or represent something important beyond what the indicator is itself a measurement of (for example, life expectancy figures might be used to indicate the general state of health of the population). This is really what makes something an indicator, rather than just a statistic. 5 There should preferably only be a short time-lag between the state of affairs referred to and the indicator becoming available.

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