IEO

IEO

1. WANT AN INCREASE OF ECONOMIC EXCHANGES (GOODS AND SERVICES)

   • BUT NEED TO REDUCE BARRIERS
     • ON THE BORDER
     • BEHIND THE BORDER
     • GLOBALISATION
       • REDUCTION OF BARRIERS AT WORLDWIDE --> MULTILATERAL ORGANISATIONS (IMF, WTO, WB)
     • INTEGRATION
       • REMOVAL OF SOME BARRIERS AT REGIONAL LEVEL
         • BALASSA STAGES: FTA, CUSTOMS UNION, COMMON MARKET, ECONOMIC UNION, (SINGLE MARKET) AND TOTAL ECONOMIC INTEGRATION