Europe 1992 and the Western Pacific Economies

Bibliographic Data

ID9716871
AuthorsKym Anderson (0000-0002-1472-3352, The University of Adelaide, corresponding author)
Year1991
Volume101
Issue409
Pages1538
Publication date1991-11-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.2307/2234903
OpenAlexW2094439800
LanguageEN
Citations received4
References cited6

The main stimulus to completing the integration of the economies of the \n European Community under the 1992 programme has been the EC's relatively \n slow economic growth during the past two or three decades. While Japan's \n share of world GDP has trebled since the early 1960s, to about one sixth, the \n EC 12's share has fallen slightly to around one quarter. Many expect - or at \n least hope - that the removal of remaining barriers to movements of goods, \n services, people and capital within the EC not only will provide a one-off boost \n to EC output (Cecchini et al. 1988) but will set EC incomes on a permanently \n higher growth path (Baldwin, 1989). Numerous non-Europeans worry, \n however, that the trade-diverting consequences of the EC reforms, together \n with possible enlargements of EC membership and changes in EC preferential \n trading arrangements, will be much more significant than any external trade \n creation and may make some excluded economies worse off. This paper seeks \n to assess the effects of the EC92 programme and related changes currently \n underway in Europe on the trade and growth prospects of a particularly \n vulnerable group, namely, the Western Pacific economies

Economic history · Economics · Economy · European union · Geography · International trade · Library science · Political science · Regional science · Western europe · Computer Science · Global trade and economics · Island Studies and Pacific Affairs · Regional Development and Policy

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