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Types of Economic Integration

In: Economic Integration: Worldwide, Regional, Sectoral

Author

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  • Bela Balassa

Abstract

In the Western economic literature, discussions of the types of economic integration of national states have customarily focused on the various stages of integration. From its lowest to its highest forms, integration has been said to progress through the freeing of barriers to trade (‘trade integration’), the liberalisation of factor movements (‘factor integration’), the harmonisation of national economic policies (‘policy integration’) and the complete unification of these policies (‘total integration’).1

Suggested Citation

  • Bela Balassa, 1976. "Types of Economic Integration," International Economic Association Series, in: Fritz Machlup (ed.), Economic Integration: Worldwide, Regional, Sectoral, chapter 1, pages 17-40, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-349-02571-8_2
    DOI: 10.1007/978-1-349-02571-8_2
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    Cited by:

    1. Ivan Todorov, 2012. "European Economic Integration Theories and Criteria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 131-152.
    2. Jacques Pelkmans, 1980. "Economic Theories of Integration Revisited," Journal of Common Market Studies, Wiley Blackwell, vol. 18(4), pages 333-354, June.
    3. W.G.C.M. Haack, 1983. "The Selectivity of Economic Integration Theories: A Comparison of Some Traditional and Marxist Approaches," Journal of Common Market Studies, Wiley Blackwell, vol. 21(4), pages 365-388, June.

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