Analysis of development challenges and priorities for the revival of regional integration process: synthesis document

Abstract

Regional integration is a process to build larger economic spaces and regional solidarity between two States or more for achieving common development goals. In economic terms,the static and dynamic effects of integration can include, inter alia, the development of trade and investment through greater mobility of factors;achieving economies of scale by increasing the markets size, and a better predictability of public policies by anchoring them in a regional perspective.