Download or read book Regional Integration Among Developing Countries, Revisited written by András Inotai and published by World Bank Publications. This book was released on 1991 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The formation of new, powerful economic and trading blocs and the transition to market economies in Central and perhaps Eastern Europe has fostered a trend toward new regionalism in the world economy - which the virtual failure of the GATT negotiations may speed up. To minimize economic losses and avoid marginalization, regional groups of developing countries must increasingly work out common positions and join one of the influential groups.