The two regional trading agreements NAFTA and EU differ greatly, not only in their economic but also political approaches to regional integration.
The paper describes the differences in the two regional trading agreements starting with the respective institutions and their structures. After that follows an analysis of indicators of their economic integration that will in a next step allow us to assess and compare them.
This general assesment is followed by a more detailed comparison of how poorer members of NAFTA and EU, namely the cohesion countries in the EU and Mexico in NAFTA, have profited from the regional economic integration drives.
Concluding remarks are given on positive and negative integration in both regional agreements.
Inhaltsverzeichnis (Table of Contents)
- I. Introduction.
- II. A Comparative Analysis of Economic Integration in NAFTA and the EU
- II.1. The European Union
- II.2. NAFTA.....
- II.3. Evaluation and Assessment of integration in NAFTA and the EU ..
- II.4. The performance of the less developed members in NAFTA and EU
- II.5. Positive Integration in NAFTA and EU?
- III. Conclusion...........
- IV. Sources
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This work analyzes the economic integration of the North American Free Trade Agreement (NAFTA) and the European Union (EU) with a focus on the development, progress, and differences between the two blocs. The paper aims to provide a comparative analysis of both regional agreements, highlighting key differences and commonalities in their institutional frameworks, economic integration indicators, and performance of their less developed member regions.
- Comparative analysis of economic integration in NAFTA and EU
- Institutional structures and development of both regional agreements
- Assessment of integration progress in NAFTA and EU based on economic indicators
- Evaluation of the performance of less developed regions within both agreements
- Analysis of positive and negative integration in NAFTA and EU
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter sets the scene for the comparative analysis by providing an overview of NAFTA and the EU's historical contexts, motivations, and initial goals. This chapter explores the differences in their approaches to economic integration, particularly in the areas of political, economic, and cultural aspirations. The second chapter delves deeper into the specific institutional frameworks and structures of both the EU and NAFTA. This chapter focuses on the key institutions, their roles, and their contributions to the respective integration processes. It examines the instruments and organizations that govern economic cooperation within each bloc. The third chapter continues the comparative analysis by examining economic integration indicators in NAFTA and the EU. It aims to assess the progress and effectiveness of integration in each agreement based on a range of economic data and metrics.
Schlüsselwörter (Keywords)
This study focuses on economic integration, regional agreements, NAFTA, EU, institutional frameworks, comparative analysis, economic indicators, less developed members, positive integration, negative integration.
- Quote paper
- M.A. Wolf Seiler (Author), 2005, Economic integration in NAFTA and EU: A comparative analysis, Munich, GRIN Verlag, https://www.grin.com/document/77096
