In This Review
Economic Integration in Central America

Economic Integration in Central America

Edited by William R. Cline and Enrique Delgado

Brookings, 1978, 711 pp.

Ushered in by masses of detailed statistics and mathematical calculations, certain conclusions emerge clearly: total net economic benefits of the Central American Common Market have been substantial; the most important were foreign exchange savings and stimulus to investment. Economies of scale and employment effects have also been significant, though less so; structural transformation benefits were minimal.