Hidden Bibliographic Details
Other authors / contributors: | IMF Institute.
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ISBN: | 1282448072 9781282448070 9781451910865 145191086X 1462310435 9781462310432 1452723893 9781452723891 9786613821263 6613821268
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Notes: | "March 2007." At head of title: IMF Institute. Includes bibliographical references (pages 32-33). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | This paper investigates whether a regional bloc would enlarge or remain stagnant in size using a model where enlargement is the endogenous outcome of the interaction between the supply of and demand for membership. We show that a maximum size of the bloc exists beyond which the regional policy-maker will be unwilling to enlarge further, and that either the supply side or the demand side of membership might be binding in the determination of the equilibrium size of the bloc. Furthermore, we analyze how the deepening of integration within a regional bloc affects its width. We show that deeper integration may lead to wider integration when the demand side of membership is binding in the determination of the equilibrium size of the bloc, while the equilibrium size of the bloc will be unaffected when the supply side of membership is binding.
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Other form: | Print version: Albertin, Giorgia. Will a regional bloc enlarge?. Washington, D.C. : International Monetary Fund, ©2007
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Standard no.: | 10.5089/9781451910865.001
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