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Economic Integration Theories and the Developing Countries

Eduard Marinov

MPRA Paper from University Library of Munich, Germany

Abstract: Economic integration theory goes through two development stages each of which addresses the relevant for its time political and economic context The first stage is regarded as classic theory or static analysis and includes the traditional theories of economic integration that explain the possible benefits of integration. The second stage includes the new economic integration theories that are often referred to as dynamic analysis of economic arrangements. Besides these two, there is a third type of integration theories that deals with the effects, benefits and constrains of economic integration arrangements of developing and least developed countries. The current paper tries to come up with a conclusion on what parts of the classic and new integration theories are applicable to integration arrangement among developing countries and to summarize these theories.

Keywords: Economic Integration; Integration Theory; Developing Coun-tries Integration (search for similar items in EconPapers)
JEL-codes: B2 F15 F55 (search for similar items in EconPapers)
Date: 2014-09
New Economics Papers: this item is included in nep-his and nep-hpe
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Citations: View citations in EconPapers (4)

Published in Infusing Research and Knowledge in South-East Europe, ed. by R. Dautov, P. Gkasis, A. Karamanos, T. Lagkas, A. Prodromidou, A. Ypsilanti ISBN 978-960-9416-07-8 (2014): pp. 164-177

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