Read all posts for ‘Economic integration’

  My economics teacher at university liked to quote the maxim: “trade makes everyone better off”. He believed that if people engaged in trade they become more prosperous. This is even truer when applied to countries. Bilateral and multilateral trade creates market and job opportunities for citizens of participating countries. […]

Imagine Red Square in Moscow with the colorful snow-covered onion domes of St. Basil’s Cathedral, the red bricks of the Kremlin, and the centuries-old cobblestones. They have all witnessed the October Revolution, the defeat of Tsarist Russia and countless military parades. Now imagine a giant 30-meter long two storey high […]