Obstacles To Economic Integration
Obstacles standing as barriers for the development of economic integration include the desire for preservation of the control of tax revenues and licensing by local powers, sometimes requiring decades to pass under the control of supranational bodies. The experience of 1990-2009 has shown radical change in this pattern, as the world has observed the economic success of the European Union. So now no state disputes the benefits of economic integration: the only question is when and how it happens, what exact benefits it may bring to a state, and what kind of negative effects may take place.
Read more about this topic: Economic Integration
Famous quotes containing the words obstacles to, obstacles, economic and/or integration:
“Life is like walking along a crowded street—there always seem to be fewer obstacles to getting along on the opposite pavement—and yet, if one crosses over, matters are rarely mended.”
—Thomas Henry Huxley (1825–95)
“Weakness is a better teacher than strength. Weakness must learn to understand the obstacles that strength brushes aside.”
—Mason Cooley (b. 1927)
“But I would emphasize again that social and economic solutions, as such, will not avail to satisfy the aspirations of the people unless they conform with the traditions of our race, deeply grooved in their sentiments through a century and a half of struggle for ideals of life that are rooted in religion and fed from purely spiritual springs.”
—Herbert Hoover (1874–1964)
“The more specific idea of evolution now reached is—a change from an indefinite, incoherent homogeneity to a definite, coherent heterogeneity, accompanying the dissipation of motion and integration of matter.”
—Herbert Spencer (1820–1903)