Trade, Regional Integration and Economic Growth: MEDA Region and the Western Balkan Countries

2013 ◽  
pp. 215-229
Author(s):  
Jelena Vapa Tankosić ◽  
Srdjan Redžepagić ◽  
Miroslav Stojsavljević
Keyword(s):  
Economic Growth ◽  
Regional Integration ◽  
Balkan Countries

scholarly journals Regional Integration, Trade Openness, And Economic Growth: Causality Evidence From UEMOA Countries

2014 ◽  
Vol 9 (10) ◽  
Author(s):  
Douglas K. Agbetsiafa
Keyword(s):  
Economic Growth ◽  
Regional Integration ◽  
Trade Openness ◽  
September 11

The manuscript entitled Regional Integration, Trade Openness, And Economic Growth: Causality Evidence From UEMOA Countries was retracted on September 11, 2014. Please contact our office at [email protected] for more information.

scholarly journals Trade and Growth

2021 ◽  
pp. 249-277
Author(s):  
Jakkie Cilliers
Keyword(s):  
Economic Growth ◽  
Regional Integration ◽  
Poverty Reduction ◽  
Regional Cooperation ◽  
Free Trade Area ◽  
Successful Implementation ◽  
Trade Area ◽  
Growth Increase ◽  
Trading Partners ◽  
History Of

AbstractCilliers starts by exploring the modern history of international trade and the importance of trade to economic growth and global cooperation. The chapter then provides an overview of Africa’s trading partners, the need for greater regional integration in the continent and the challenges to achieving intra-regional cooperation. It examines the need to improve the quality of governance, bridge the infrastructure deficit and eventually focus on a manufacturing-led growth path. Reducing both tariff and non-tariff barriers could facilitate the successful implementation of African Continental Free Trade Area (AfCFTA), induce economic growth, increase per capita incomes and reduce poverty. A penultimate section models the potential impact of the AfCFTA on growth, poverty reduction and increased average incomes.

Investigating the Role of Regional Economic Integration on Growth: Fresh Insights from South Asia

2020 ◽  
pp. 097491012097480
Author(s):  
Muhammad Ibrahim Shah
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
South Asia ◽  
South Asian ◽  
Economic Integration ◽  
Regional Integration ◽  
Policy Implications ◽  
Regional Economic Integration ◽  
Asian Countries ◽  
Regional Economic

Regional economic integration is the key to achieving prosperity and stability. However, intra-regional trade in South Asia accounts for not more than 5%–6% of their total trade. This study aims to examine the role played by regional economic integration in determining the economic growth of South Asian countries over the period 1980–2015. Since shocks in one country may affect another country in the region, this is taken into account in the article by employing methodologies that are robust to cross sectional dependence. Specifically, continuously-updated and bias-corrected (CupBC) of Bai et al. (2009) and Dumitrescu–Hurlin panel causality test (2012) have been employed to estimate long-run coefficients and determine the direction of relationship among the variables, respectively. The findings suggest that economic integration increases economic growth significantly in this region. However, contrary to popular belief, both democracy and human capital are negatively related to economic growth. Bidirectional causality is found between economic integration and democracy, regional integration and human capital, democracy and human capital and, democracy and labor. This study also presents several policy implications for South Asian countries.

scholarly journals Foreign Direct Investment, Trade and Economic Growth: A New Paradigm of the BRICS

2015 ◽  
Vol 9 (12) ◽  
pp. 32 ◽  
Author(s):  
Akhilesh Chandra Prabhakar ◽  
Muhammad Azam ◽  
B. Bakhtyar ◽  
Yusnidah Ibrahim
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Regional Integration ◽  
Direct Investment ◽  
New Paradigm ◽  
Fdi Inflows ◽  
Long Run ◽  
Equilibrium Relationship ◽  
Development Context ◽  
Sustainable Equilibrium

<p class="zhengwen"><span lang="EN-GB">The present study begins by surveying broadly supports the assertion that regional integration in the case of the BRICS is not adequately paid attention except with very few original or significant contributions. This research examines the existing pattern in the areas of trade and investment with a view to locate in the development context. It was also essential to make a theoretical investigation on literature of trade along with the empirical one. The survey broadly supports the frequent, through usually undocumented, assertion that BRICS was an area had tended to neglect and to which they had made few if any original or significant contributions. Alongside, this study panel data on BRICSs, where the results confirm that foreign direct investment (FDI), trade and economic growth indicate the presence of long-run sustainable equilibrium relationship between them. It is thus important that policymakers to remove obstacles to FDI inflows and improve the respective absorptive capacity in order to reap maximize positive growth effects. This study also discussed that how China performed well through attracting FDI inflows and maintained trade balance. </span></p>

Prospects of Development of Silk Road Economic Belt and New Opportunities of Economic Growth

2018 ◽  
Vol 8 (8) ◽  
pp. 2636
Author(s):  
Zhanibek ZHARTAY ◽  
Zhibek KHUSSAINOVA ◽  
Gulzhan ABAUOVA ◽  
Botagoz AMANZHOLOVA
Keyword(s):  
Economic Growth ◽  
Regional Integration ◽  
Silk Road ◽  
Limiting Factors ◽  
New Regionalism ◽  
The World ◽  
Silk Road Economic Belt ◽  
Dialectical Relationship ◽  
Further Development ◽  
The Silk Road

The article analyzes the genesis and the potential of the Chinese Program ‘Silk Road Economic Belt’, as well as limiting factors and perspectives of further development. The article explains the dialectical relationship and the dualistic nature of regionalization. The author's hypothesis is based on the idea that the dominant purpose of regional integration as a model of the active participation of the consolidated group of countries in the region in the globalization process of stratification of the world is the desire of the participating countries to take a higher position (stratum) in the global hierarchy, and eliminate the possibility of a drift towards the periphery. The author used the concept of methodological possibilities of the ‘theory of the new regionalism’ and geopolitical doctrine of Eurasianism to explain the background and development of the capacity of the Silk Road Economic Belt, that allow to evaluate the quantitative and qualitative parameters of the Silk Road Economic Belt functioning, limiting factors and perspectives for its further development.

Added US sanctions on Syria may prove self-defeating

2019 ◽  
Keyword(s):  
Economic Growth ◽  
Regional Integration ◽  
The United States ◽  
Content Type ◽  
Goods And Services ◽  
Us Congress ◽  
Doing Business ◽  
The Us ◽  
Criminal Groups ◽  
Economic Tools

Significance This comes as the US Congress is finalising a bill, the Caesar Act, that would substantially increase the sanctions pressure on Syrian President Bashar al-Assad’s government. As Washington’s military footprint in the Syrian theatre shrinks, it is reprioritising the use of economic tools. Impacts With no exposure to the United States, Iranian and Russian companies doing business with Syria will not be significantly affected. The main losers could be US partners, who had hoped that a Syrian recovery would aid their own economies and regional integration. Black market activity may proliferate in the Levant as criminal groups help establish alternative mechanisms to supply goods and services. Sanctions will make life more difficult for the average Syrian, restricting economic growth and reconstruction.

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