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Relatively little is known about how regional integration affects poverty. Many suggest that increased investment would be one of the benefits of agreeing on regional integration provisions but this has not been put to the empirical test for Southa South integration. This volume examines the channels through which regional integration affects poverty and empirically analyzes the effects on foreign direct investment."

The growing pace of change and turbulence in the world's economy requires national economies to be adaptable. Inflexibility led to economic crisis in Eastern Europe and Africa, while adaptability characterizd the economic miracle of East Asia. The structural adjustment programmes adopted in many developing countries reflects the extent to which the importance of these issues is now being recognized. This book explicitly addresses the nature of economic adaptability.