2001 | OriginalPaper | Chapter
Regional Integration and Global Free Trade: Working at Cross Purposes?
Author : Mohamed Ariff
Published in: Regional Integration and Economic Development
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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It is sometimes argued that globalism and regionalism are two sides of the same coin, in that the latter can reinforce the former. This argument is somewhat simplistic, however, as it assumes that regionalism is perfectly compatible and consistent with globalism. Unfortunately, there is not much empirical support for this position, although it may be possible to cite a few “positive” cases which are at best no more than exceptions to the rule.