Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.

The emerging role of regional systems of relations is an important feature of the new global politics. While the European Union is the most advanced case, most other parts of the world display at least the beginnings of regional systems. Using a multidisciplinary approach, the contributors examine these processes from a comparative perspective, concentrating on the following questions: what constitute a region? how is the historical process of region-formation unfolding? what motives and factors underlie this drive to regionalisation? what forms a regional awareness and institutionalisation are emerging, and where? what are the future prospects?

This book explores the relationship between regionalization and global governance, surveying the theoretical debates, economic dimensions, security considerations and governing structures.

Building on the recent initiative to truly globalize the field of international relations, this book provides an innovative interrogation of regionalism. The book applies a globalizing framework to the study of regional worlds in order to move beyond the traditional conception of regionalism, which views regions as competing blocs dominated by great powers. Bringing together a wide range of case studies, the book shows that regions are instead dynamic configurations of social and political identities in which a variety of actors, including the less powerful, interact and partake in regionalization processes and have done so through the centuries.

This volume provides a unique open inter-disciplinary dialogue across the Humanities and Social Sciences to further our understanding of the phenomenon of regions and regionalism in a globalized world both at the theoretical and empirical levels. What comprises a region? What are the different regional dynamic processes that take place? What is the relationship between the regional and the global? What role does identity building play? Bringing together scholars from various disciplines within and across the Social Sciences and the Humanities to reflect on these questions, the book explores how regions are imagined, constructed, understood, and explained in different academic disciplines. Each chapter addresses these common questions and uses its own disciplinary lenses to answer them. In addition, the volume offers interesting reflections on the academic borders constructed in the study of regions, thus demonstrating the importance of obtaining insights from both social scientists and humanities scholars in order to better understand the relevance of regions in a complex and globalized world. An important work for scholars and postgraduate students in many fields, including political science, international relations, sociology, economics, geography, history and literature, as well as for those interested in regionalism and area studies.

This collection explores the importance of regionalization and globalization to the world economy, particularly questioning whether the world economy is characterized by increasing regionalization, rather than globalization. International contributors explore the processes in the Pacific area, the Americas, Africa and Europe and make an important contribution to current debates in development economics.

This original book provides a unique analysis of the different regional and inter-regional projects, their processes and the politics of Europeanisation, globalisation and education. Collectively, the contirbutors engage with international relations and integrations theory to explore new ways of thinking about regionalisms and inter-regionalisms, and bring to the fore the role that higher education plays in this.