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Economic Integration in Remote Resource Rich Regions

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  • Anthony J Venables

Abstract

What are the effects of regional integration and other trade policy measures in regions such as Central Asia or the Great Lakes Region of Africa where countries are remote with poor access to the outside world and where foreign exchange earnings come largely from natural resource based exports? We show that if countries have unequal natural resource endowments, then the gains from nonpreferentialtrade liberalisation accrue largely to the more resource rich economies, while the opposite is true for regional integration. Regional integration is a powerful way to spread the benefits of resource wealth more widely, but may also be an obstacle to externaltrade liberalisation.

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Bibliographic Info

Paper provided by Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford in its series OxCarre Working Papers with number 022.

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Date of creation: 2009
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Handle: RePEc:oxf:oxcrwp:022

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Related research

Keywords: regional integration; natural resources; landlocked; Central Asia;

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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Regional Integration or Transit Corridor?
    by Michael Fuenfzig in The ISET Economist on 2012-05-23 11:35:46
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Cited by:
  1. Roberto Bonfatti & Steven Poelhekke, 2013. "From Mine to Coast; Transport infrastructure and the direction of trade in developing countries," OxCarre Working Papers 107, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.

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