European Integration at the Crossroads: A Review Essay on the 50th Anniversary of Bela Balassa's Theory of Economic Integration
European Integration at the Crossroads: A Review Essay on the 50th Anniversary of Bela Balassa's Theory of Economic Integration
复制标题
十字路口的欧洲一体化：贝拉·巴拉萨经济一体化理论50周年述评
DOI：
10.1257/jel.49.4.1200
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发表时间：
2011
影响因子：
12.6
通讯作者：
A. Sapir
中科院分区：
文献类型：
--
作者：
A. Sapir
贝拉·巴拉萨50年前出版的《经济一体化理论》是一本不同凡响但鲜为人知的书。本文回顾了自该书出版以来在经济文献和欧洲一体化进程中的发展，表明该书具有令人难以置信的先见之明。它预测了二十多年来关于经济一体化的现代文献，强调规模经济、不完全竞争和经济地理。它还预测，如果没有政治统一，货币联盟就无法正常运作，最近的欧元债务危机很可能成为欧洲一体化历史上的分水岭，很好地说明了这一点。(JEL B31、F15、F36、G01)
Bela Balassa's Theory of Economic Integration, published fifty years ago, is a remarkable, yet little known book. This essay reviews developments in the economic literature and in the process of European integration since the book's publication, showing that it was incredibly prescient. It anticipated by more than twenty years the modern literature on economic integration that emphasizes scale economies, imperfect competition, and economic geography. It also predicted that monetary union cannot function properly without political unification, a condition well illustrated by the recent euro-debt crisis that is likely to be a watershed in the history of European integration. (JEL B31, F15, F36, G01)