Regional Blocs: Building Blocks or Stumbling Blocks?

Booknews

Examining a variety of regional arrangements<-->ASEAN, SAARC and APEC in Asia, NAFTA and MERCOSUR in the Americas, SADC, SACU and ECOWAS in Africa, and the European Union, EFTA and Eastern Europe<-->this study discusses how strategies of multinational companies play an increasingly important role in regional and global integration; and how regional strengthening of trade, foreign investment and production linkages can accelerate the process of globalization<-->provided the net effect is trade-creating and growth-inducing, and provided such arrangements remain open and non-discriminatory. Annotation c. by Book News, Inc., Portland, Or.