Economic Integration - Obstacles To Economic Integration

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 to, obstacles, economic and/or integration:

    Life is like walking along a crowded street—there always seem to be fewer obstacles to getting along on the opposite pavement—and yet, if one crosses over, matters are rarely mended.
    Thomas Henry Huxley (1825–95)

    To ask strength not to express itself as strength, not to be a will to dominate, a will to subjugate, a will to become master, a thirst for enemies and obstacles and triumphant celebrations, is just as absurd as to ask weakness to express itself as strength.
    Friedrich Nietzsche (1844–1900)

    We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from it—to the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.
    Lyndon Baines Johnson (1908–1973)

    The only phenomenon with which writing has always been concomitant is the creation of cities and empires, that is the integration of large numbers of individuals into a political system, and their grading into castes or classes.... It seems to have favored the exploitation of human beings rather than their enlightenment.
    Claude Lévi-Strauss (b. 1908)