Problem

Imbalances in the distribution of the costs and benefits of economic integration

Nature:

Integration schemes have the tendency to favour the more advanced members of a grouping who benefit from the liberalization of trade and the expansion of their markets, while the less advanced members of a grouping tend to gain less, unless the scheme provides for structural changes in the latter countries. It is generally true that the special problems facing the less advanced countries include not only the smallness of their markets, but more particularly the absence of supplies exportable to the other partners of their grouping.

Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 10: Reduced InequalityGOAL 12: Responsible Consumption and Production
Problem Type:
D: Detailed problems
Date of last update
30.05.2019 – 18:49 CEST