Description - The Political Economy of Regionalism by Edward Mansfield
The North American Free Trade Agreement (NAFTA), the ongoing process of economic integration in Europe, the formation of Mercosur, and the possibility of a new Asia-Pacific economic bloc have led to debate about the currnet status and future direction of regionalism. The contributors to this text explore regionalism from a political economic perspective, investigating why regional arrangements are formed, the conditions under which these arrangements solidify, and why they take on different institutional forms. While the essays contribute to an understanding of regionalism, they also bear on a number of recent theoretical debates in the fields of international relations and political economy, such as the merits of neorealist and institutional theories, new trade theories and "new institutionalism".
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