scholarly journals The Research on The Evolution of Asia-pacific Regional Economic Integration and Countermeasures

2020 ◽  
Vol 218 ◽  
pp. 04017
Author(s):  
Min Chen
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Trade Agreements ◽  
Asia Pacific ◽  
Regional Economic Integration ◽  
Driving Mechanism ◽  
Asia Pacific Region ◽  
Regional Economic ◽  
Development Direction ◽  
Economic Circumstance

The Asia-pacific region is the area with vast development accompanied by subtle evolution worldwide under frequently changeable global economic circumstance. The development of regional trade agreements (RTAs) in this area is most complicated and comprehensive. The interactive influence of economic growth and trade liberalization, and of the combination and differentiation, has grandly contributed the development of RTAs in the process of regional integration in this area, which has formed the strong driving force of the regional economic integration. On the basis of characteristics of the evolution in the course of Asia-pacific regional economic integration, this paper has analyzed the driving mechanism of the integration evolution and future development direction, then put forward some corresponding countermeasures.

scholarly journals SPACE ASYMMETRIES OF REGIONAL ECONOMIC INTEGRATION

2017 ◽  
pp. 266-275
Author(s):  
Iryna Ivashchuk ◽  
Andriy Voytseshchuk ◽  
Vitaliy Zapukhlyak
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Trade Agreements ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
Global Space ◽  
National Economic ◽  
National Economic Policy

The objective preconditions of regionalization in the global space are considered in the article. The consequences and challenges of regional economic integration processes for the countries are revealed. The importance of coordinating the objectives of regional economic integration and national economic policy is substantiated. The role of integration in the liberalization of trade through the reduction of tariff barriers is argued. The regional asymmetries of global economic development are outlined. The state of development of regional trade agreements in the last decades is analysed. This analysis has made it possible to determine the difficulties of functioning of integration associations in modern conditions and to substantiate that each region has its own peculiarities, as shown by the example of the European Union, the member countries of NAFTA, integration in the countries of Latin America . The index of regional integration in Africa has been estimated. It allowed revealing significant differences among the groups of countries. The peculiarities of the Trans-Pacific Partnership and the conditions of cooperation of the countries have been clarified.

scholarly journals Los procesos de regionalización económica en Asia

1997 ◽  
Vol 41 (167) ◽  
Author(s):  
María Cristina Rosas
Keyword(s):  
Case Studies ◽  
Economic Integration ◽  
Regional Integration ◽  
Regional Cooperation ◽  
Asia Pacific ◽  
Regional Economic Integration ◽  
Pacific Basin ◽  
Regional Economic ◽  
Southern Asia ◽  
The Pacific

The appropriateness of providing the pertinent context for the analysis of non-Western cultures ensues from the author's analysis of current regional economic integration processes in Asia, and their specific characteristics, when confronted with the Western concepts on regionalism. Regional integration case studies analyzed include the Pacific Basin countries, the Association of Nations from Southeastern Asia (ANSEA), the Asia-Pacific Economic Forum (APEC), the Cooperation Council of the Gulf (CCG), and the Southern Asia Association for Regional Cooperation (SAARC).

The WTO and Regional Trade: a family business? The WTO compatibility of regional trade agreements with non-WTO-members

2014 ◽  
Vol 13 (4) ◽  
pp. 633-649 ◽  
Author(s):  
LOUISE EVA MOSSNER
Keyword(s):  
Economic Integration ◽  
Family Business ◽  
Regional Integration ◽  
Service Sector ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Economic Integration ◽  
Regional Trade ◽  
Regional Economic ◽  
Enabling Clause

AbstractNumerous WTO members pursue regional economic integration with both other members and non-WTO-members. The resulting derogation from the most-favoured-nation principle needs to be justified in accordance with the relevant WTO provisions. Regional integration in the service sector is expressly allowed between WTO and non-WTO members pursuant to GATS Article V. In the absence of clear regulation, it has been questioned whether the same is true for regional trade agreements (RTAs) covering trade in goods. Providing a comprehensive interpretation, this paper argues that neither GATT Article XXIV nor the Enabling Clause require the WTO membership of all the parties to an RTA.

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 DEVELOPMENT TRENDS OF REGIONAL ECONOMIC INTEGRATION: METHODOLOGICAL ASPECT

2020 ◽  
pp. 82-98
Author(s):  
Mariia LYZUN
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Methodological Aspect ◽  
Regional Economic Integration ◽  
Structural Element ◽  
Development Trends ◽  
Regional Economic ◽  
Hub And Spoke ◽  
Factors Influencing

The article investigates the transformation of approaches to understanding the processes of regional economic integration. The macro-region as a structural element of regionalism is explored. Criteria for typology of regional economic integration are systematized and divided into dichotomous and trichotomous. Factors influencing regional integration and current tendencies of its development are determined. A modern group of regional integration associations is identified, thus improving the existent typology. It includes regional and multilateral associations, hub and spoke regionalism, gravity agreements, plurilateral, bilateral, minilateral regionalism. JEL: F15, F13, F60, R10.

scholarly journals Embedding trade liberalisation in social policy: a research agenda on social regionalism and the Global South

2019 ◽  
Vol 65 (3) ◽  
pp. 265-281
Author(s):  
Diamond Ashiagbor
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Market Integration ◽  
Social Dimension ◽  
Sub Saharan Africa ◽  
Regional Economic Integration ◽  
Social Citizenship ◽  
The European Union ◽  
Regional Economic ◽  
Sub Saharan

Underpinning this article is the proposition that regional integration with a social dimension has the potential to engender a more equitable pattern of globalisation. The empirical focus of the article is on the extent to which the insights of ‘embedded liberalism’ associated with regional economic integration between the industrialised nations of the European Union (EU) can be applied to regional economic integration within sub-Saharan Africa. The article contends that EU market liberalisation has been embedded within labour market institutions and institutions of social citizenship at the domestic level. These have served as social stabilisers to counter the far-reaching effects of the internal market and global trade. Less industrialised nations have never enjoyed adjustment mechanisms of this sort, raising the question for this article, and for further research: in which legal and institutional structures can these nascent forms of market integration at regional and sub-regional level be embedded?

APEC Evolution and Prospects of Regional Integration Processes

2012 ◽  
pp. 40-50
Author(s):  
A. Fedorovskii
Keyword(s):  
Decision Making ◽  
Regional Integration ◽  
Economic Cooperation ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Regional Economic ◽  
Asia Pacific Economic Cooperation ◽  
Consensus Decision Making ◽  
Consensus Decision

The paper discusses the operational value of the key principles of the activities of the Asia-Pacific economic cooperation (APEC) that stand behind its creation. These include the consensus decision-making, the voluntary nature of the decisions’ implementation, the “open regionalism”. Also the author deals with the functioning of the APEC in the context of regional economic cooperation in the Asia-Pacific region at the end of the first decade of the XXI century.

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