UNELE ASPECTE ECONOMICE PRIVIND INTEGRAREA IN UE
In a world of trade restrictions, large countries enjoy economic benefits, because political boundaries determine the size of the market. Under free trade and global markets even relatively small cultural, linguistic or ethnic groups can benefit from forming small, homogeneous political jurisdiction...
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| Format: | Article |
| Language: | English |
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Danubius University
2006-05-01
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| Series: | EIRP Proceedings |
| Online Access: | http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/1193/1109 |
| _version_ | 1818232842475274240 |
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| author | Roxana Ispas |
| author_facet | Roxana Ispas |
| author_sort | Roxana Ispas |
| collection | DOAJ |
| description | In a world of trade restrictions, large countries enjoy economic benefits, because political boundaries determine the size of the market. Under free trade and global markets even relatively small cultural, linguistic or ethnic groups can benefit from forming small, homogeneous political jurisdictions. This paper provides a formal model of the relationship between openness and the equilibrium number and size of countries, and successfully tests two implications of the model. Firstly, the economic benefits of country size are mediated by the degree of openness to trade. Secondly, the history of nation-state creations and secessions is influenced by the trade regime. Any type of arrangement in which countries agree to coordinate their trade, fiscal, and/or monetary policies is referred to as economic integration. Obviously, there are many different degrees of integration. |
| first_indexed | 2024-12-12T11:12:43Z |
| format | Article |
| id | doaj.art-77eac9f2d6b74e188578704370505fd7 |
| institution | Directory Open Access Journal |
| issn | 2067-9211 2069-9344 |
| language | English |
| last_indexed | 2024-12-12T11:12:43Z |
| publishDate | 2006-05-01 |
| publisher | Danubius University |
| record_format | Article |
| series | EIRP Proceedings |
| spelling | doaj.art-77eac9f2d6b74e188578704370505fd72022-12-22T00:26:15ZengDanubius UniversityEIRP Proceedings2067-92112069-93442006-05-0111457460UNELE ASPECTE ECONOMICE PRIVIND INTEGRAREA IN UERoxana IspasIn a world of trade restrictions, large countries enjoy economic benefits, because political boundaries determine the size of the market. Under free trade and global markets even relatively small cultural, linguistic or ethnic groups can benefit from forming small, homogeneous political jurisdictions. This paper provides a formal model of the relationship between openness and the equilibrium number and size of countries, and successfully tests two implications of the model. Firstly, the economic benefits of country size are mediated by the degree of openness to trade. Secondly, the history of nation-state creations and secessions is influenced by the trade regime. Any type of arrangement in which countries agree to coordinate their trade, fiscal, and/or monetary policies is referred to as economic integration. Obviously, there are many different degrees of integration.http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/1193/1109 |
| spellingShingle | Roxana Ispas UNELE ASPECTE ECONOMICE PRIVIND INTEGRAREA IN UE EIRP Proceedings |
| title | UNELE ASPECTE ECONOMICE PRIVIND INTEGRAREA IN UE |
| title_full | UNELE ASPECTE ECONOMICE PRIVIND INTEGRAREA IN UE |
| title_fullStr | UNELE ASPECTE ECONOMICE PRIVIND INTEGRAREA IN UE |
| title_full_unstemmed | UNELE ASPECTE ECONOMICE PRIVIND INTEGRAREA IN UE |
| title_short | UNELE ASPECTE ECONOMICE PRIVIND INTEGRAREA IN UE |
| title_sort | unele aspecte economice privind integrarea in ue |
| url | http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/1193/1109 |
| work_keys_str_mv | AT roxanaispas uneleaspecteeconomiceprivindintegrareainue |