Regional groupings among microstates (English)

Forming a regional grouping with neighboring nations may be one way for microstates to overcome a major problem: Because of their weak bargaining power and high fixed costs of negotiation, microstates are at a severe disadvantage in dealing with the rest of the world. They don't have the human and physical resources to unilaterally conduct the various bilateral and multilateral negotiations a developing nation typically conducts. The authors present...

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Author

Andriamananjara, Soamiely;

Schiff, Maurice;
Document Date
1998/05/31
Document Type
Policy Research Working Paper
Report Number
WPS1922
Volume No
1
Total Volume(s)
1
Disclosure Date
2010/07/01
Doc Name
Regional groupings among microstates
Keywords
benefits of trade integration

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Citation

Andriamananjara, Soamiely; Schiff, Maurice.

Regional groupings among microstates (English). Policy, Research working paper ; no. WPS 1922 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/646621468741340048

Regional groupings among microstates (English)

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