Conclusion

Ram Upendra Das, Piyadasa Edirisuriya and Anoop Swarup
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Piyadasa Edirisuriya: Monash University, Australia
Anoop Swarup: Shobhit University, India

Chapter 7 in Regional Trade and Economic Integration:Analytical Insights and Policy Options, 2012, pp 215-216 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractIn conclusion, it can be stated that regional economic integration could pave way for its members to participate more effectively in the multilateral process of economic change, by providing them with opportunities to experiment with the economic change at a smaller scale and magnitude within the region. This could contribute to their preparedness to the multilateral liberalization process at the larger scale by contributing to their efficiency and competitiveness profiles through cooperation. Thus, the recent attempts of regional integration by India and other Asian countries need to be viewed against this understanding that RTAs are building blocks to the multilateral trading system…

Keywords: Regional Trade Agreements; Free Trade Agreements; International Economics (search for similar items in EconPapers)
Date: 2012
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