‘The second edition of Miroslav Jovanović’s The Economics of International Integration will be a useful addition to the bookshelf of anybody interested in teaching a course on economic integration. It is especially strong and up-to-date on developments in Europe, both with respect to completing the EU market and to the evolution of the eurozone. The various integration schemes are situated in the 21st century global economy with its rapidly changing technology. The analysis is always accessible to non-specialists and, while Jovanović has his own views, he is careful in presenting various sides of debates.’
Richard Pomfret, University of Adelaide, Australia ‘A wide ranging, comprehensive but accessible and topical discussion of the many different dimensions of international economic interdependence and the instruments that governments around the world use to cooperate in the pursuit of greater integration of markets. Highly recommended for students seeking a non-technical treatment of the economics of international integration with extensive discussion of the European experience in moving towards economic and monetary union.’
Bernard Hoekman, European University Institute, Italy ‘Europe, the Americas, Asia and the Pacific, Africa, and the Middle East, within a region as well as across countries, have been integrating not only by FTAs but also by the development of global supply chains. However, we don’t know much about how the integration is really going and what consequences will be brought about by it. This book provides us with theoretical tools and empirical facts to understand it. Policy makers should read this book to implement good policy.’
Daisuke Hiratsuka, Institute of Developing Economies (IDE), JETRO, Japan ‘A very effective and up-to-date book for a deep understanding of the complex labyrinth of second-best solutions provided by the existing trading system.‘
Michele Fratianni, Indiana University, US