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How do institutions affect regional integration agreements ?

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Institutions play a crucial role in shaping regional integration agreements by influencing the effectiveness, depth, and outcomes of such agreements. Quality institutions enhance the success of regional integration by providing a conducive environment for cooperation. They facilitate decision-making, promote policy interdependence, and drive the development of new and improved regional rules, responding to demands from transnational actors. Additionally, institutions contribute to reducing negotiation periods, lowering transaction costs, and increasing the likelihood of forming trade agreements. The presence of strong institutions is essential for the successful implementation and sustainability of regional integration initiatives, ensuring that member states can effectively collaborate and benefit from the agreements in place.

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Open access•Posted Content Cheap talk: transaction costs, quality of institutions, and trade agreements Leonardo Baccini 19 Mar 2014-Research Papers in Economics 1 Citations	Institutions impact regional integration agreements by enhancing information flow, reducing negotiation time, and lowering transaction costs, thus promoting the formation of trade agreements among countries with good institutions.
Book Chapter•DOI The role of institutions in regional integration: a comparative reflection Edward Moxon Browne 22 May 2015 2 Citations	Institutions like the Council of the EU and COREPER drive regional integration by fostering consensus, compromise, and collective decision-making among member states, enhancing the integration process.
Open access•Journal Article•DOI Institutions, Regional Integration and Bilateral Trade in South Asia: PPML Based Evidence Saima Nawaz 01 Nov 2020-The Pakistan Development Review 3 Citations	Institutions play a crucial role in the effectiveness of regional trade agreements like SAFTA in South Asia, highlighting the need for strong institutional frameworks to enhance regional integration.
Open access•Dissertation The institutionalisation of regional integration in North America Iván Farías Pelcastre 01 Dec 2014 33 Citations	Institutions in North America, like NAFTA, NAAEC, BECA, and NAALC, respond to transnational actors' demands, enhancing policy interdependence and deepening regional integration beyond governmental decisions.
Journal Article•DOI Institutional Quality, Foreign Direct Investment, and Regional Integration: Empirical Evidence From CEN-SAD Enoch Kwaw-Nimeson, Ze Tian - Show less +1 more 01 Jan 2023-SAGE Open 1 Citations	Institutions impact regional integration agreements by enhancing FDI location advantages and inflows, particularly through macroeconomic integration, as evidenced in the CEN-SAD region.

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