This new edition of the an established introduction to the economics of regional integration among nation states, has been completely revised to reflect the latest developments in the past decade and current policy initiatives. Features of the new edition include: * revised and updated analysis of customs unions, free trade areas, common markets, fiscal integration and harmonisation, monetary integration and regional policy * two entirely new chapters dealing with the 'new' economics of market integration and the role of transnational corporations * analysis of influential initiatives in the European Community * an assessment of the Single Market programme and the implications of enlargement into Eastern Europe * a survey of the new initiatives for regionalism outside Europe, including NAFTA.