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Two Types of International Economic Integration

The development of integrative processes in international economic (and not only economic) life is a characteristic feature in the modern world. The concentration and internationalization of production and the new needs of scientific and technological progress have become the objective basis of origin for inherently different integrated communities. These communities are an important factor in the world economy, and especially in the economy of Europe. At the same time, the regional, as opposed to the worldwide, basis for integration may have certain contradictions. These contradictions surface when a community resorts to one or another form of collective protectionism.

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Article provided by M.E. Sharpe, Inc. in its journal Problems of Economic Transition.

Volume (Year): 18 (1975)
Issue (Month): 6 (October)
Pages: 72-80

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Handle: RePEc:mes:prectr:v:18:y:1975:i:6:p:72-80
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