Download or read book Economic Integration: "New Regionalism" and its effects for the global economy written by Steffen Achenbach and published by GRIN Verlag. This book was released on 2013-04-03 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2011 in the subject Business economics - Economic Policy, grade: 1.7, South Bank University London, course: International Business Economics, language: English, abstract: Over the last twenty years, economic integration has become a keyword in the world economy. The world has witnessed a notable increase in economic cooperation and interdependence between nations. Different economies came together and reduced or eliminated trade barriers to the flow of goods, services, labour and capital (Piggott, 2006, p. 89).