The proliferation of free trade agreements and customs unions since the early 1990s has been remarkable. Today most countries are party to one or more regional trade initiatives (World Bank 2004). Economic integration at the regional level allows the members to reap benefits from specialization while accommodating the particular needs and adjustment capacities of the countries involved. Structural and fiscal adjustments cannot be avoided entirely...
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INFORMATION
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2006/09/15
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Bulletin d’information
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38238
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1
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1
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2010/07/01
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Disclosed
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Compensating lost revenue in regional trade agreements
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trade region
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