Will a Regional Bloc Enlarge?:
This paper investigates whether a regional bloc would enlarge or remain stagnant in size using a model where enlargement is the endogenous outcome of the interaction between the supply of and demand for membership. We show that a maximum size of the bloc exists beyond which the regional policy-maker...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2007
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 07/69 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | This paper investigates whether a regional bloc would enlarge or remain stagnant in size using a model where enlargement is the endogenous outcome of the interaction between the supply of and demand for membership. We show that a maximum size of the bloc exists beyond which the regional policy-maker will be unwilling to enlarge further, and that either the supply side or the demand side of membership might be binding in the determination of the equilibrium size of the bloc. Furthermore, we analyze how the deepening of integration within a regional bloc affects its width. We show that deeper integration may lead to wider integration when the demand side of membership is binding in the determination of the equilibrium size of the bloc, while the equilibrium size of the bloc will be unaffected when the supply side of membership is binding |
| Beschreibung: | 1 Online-Ressource (33 p) |
| ISBN: | 145186633X 9781451866339 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:23Z |
| indexdate | 2024-07-10T09:35:32Z |
| institution | BVB |
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| spelling | Albertin, Giorgia Verfasser aut Will a Regional Bloc Enlarge? Albertin, Giorgia Washington, D.C International Monetary Fund 2007 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 07/69 This paper investigates whether a regional bloc would enlarge or remain stagnant in size using a model where enlargement is the endogenous outcome of the interaction between the supply of and demand for membership. We show that a maximum size of the bloc exists beyond which the regional policy-maker will be unwilling to enlarge further, and that either the supply side or the demand side of membership might be binding in the determination of the equilibrium size of the bloc. Furthermore, we analyze how the deepening of integration within a regional bloc affects its width. We show that deeper integration may lead to wider integration when the demand side of membership is binding in the determination of the equilibrium size of the bloc, while the equilibrium size of the bloc will be unaffected when the supply side of membership is binding Online-Ausg http://elibrary.imf.org/view/IMF001/07953-9781451866339/07953-9781451866339/07953-9781451866339.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Albertin, Giorgia Will a Regional Bloc Enlarge? |
| title | Will a Regional Bloc Enlarge? |
| title_auth | Will a Regional Bloc Enlarge? |
| title_exact_search | Will a Regional Bloc Enlarge? |
| title_exact_search_txtP | Will a Regional Bloc Enlarge? |
| title_full | Will a Regional Bloc Enlarge? Albertin, Giorgia |
| title_fullStr | Will a Regional Bloc Enlarge? Albertin, Giorgia |
| title_full_unstemmed | Will a Regional Bloc Enlarge? Albertin, Giorgia |
| title_short | Will a Regional Bloc Enlarge? |
| title_sort | will a regional bloc enlarge |
| url | http://elibrary.imf.org/view/IMF001/07953-9781451866339/07953-9781451866339/07953-9781451866339.xml |
| work_keys_str_mv | AT albertingiorgia willaregionalblocenlarge |