Obstacles To Economic Integration
Obstacles standing as barriers for the development of economic integration include the desire for preservation of the control of tax revenues and licensing by local powers, sometimes requiring decades to pass under the control of supranational bodies. The experience of 1990-2009 has shown radical change in this pattern, as the world has observed the economic success of the European Union. So now no state disputes the benefits of economic integration: the only question is when and how it happens, what exact benefits it may bring to a state, and what kind of negative effects may take place.
Read more about this topic: Economic Integration
Famous quotes containing the words obstacles, economic and/or integration:
“It is very rare that you meet with obstacles in this world which the humblest man has not faculties to surmount. It is true we may come to a perpendicular precipice, but we need not jump off, nor run our heads against it. A man may jump down his own cellar stairs, or dash his brains out against his chimney, if he is mad.”
—Henry David Thoreau (1817–1862)
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)
“Look back, to slavery, to suffrage, to integration and one thing is clear. Fashions in bigotry come and go. The right thing lasts.”
—Anna Quindlen (b. 1952)