The Economic Integration: Concept and End of Process

Abstract

A crisis that is currently stiffing the Euro Zone does equally suspend and shadows the debate on the European integration, that actually remains a different issue and, why not, still useful. This integration needs some more corrections: the old model revising, updating or readapting to a new reality and answers to questions sticking around this crisis. Reassessing specific concepts just starts here.

Keywords: integration, European & non-European type integration(s), incipient & advanced integration(s), customs union, economic convergence, monetary union, fiscal union, optimum currency area

JEL Classification: E00, E52