Regional economic integration in Pacific Asia

1994 ◽  
Vol 26 (11) ◽  
pp. 1731-1759
Author(s):  
P J Rimmer
Keyword(s):  
United States ◽  
Economic Integration ◽  
Driving Forces ◽  
Building Blocks ◽  
The United States ◽  
Economic Cooperation ◽  
The Yellow Sea ◽  
Regional Economic Integration ◽  
Regional Economic ◽  
Pacific Asia

The emergence of a new infrastructural arena in Europe has prompted searches for similar ‘macroeconomic corridors’ in the United States and Japan. Although they can easily be discovered in the United States, confining attention to Japan omits new regional forms brought about by economic integration in Pacific Asia. After examining the driving forces behind regional economic integration—rival firms, rival states, and supranational organisations—interest is focused on the ‘Japan Corridor’ and emerging zones of economic cooperation in the Yellow Sea and South China Sea as the building blocks of an East Asian development corridor. The rudiments of a Southeast Asian corridor are also examined by centring attention on the ‘Growth Triangle’ (Singapore-Johor-Riau), the ‘Northern Triangle’ (northern Malaysia-southern Thailand-northern Sumatra), and other manifestations of regional economic cooperation. More speculative discussion considers how a Pacific Asian corridor could emerge from further zones of economic cooperation in both Indochina and the Japan Sea. Its pivot could be the Hong Kong-Shanghai-Taipei triangle—a reflection of the likely emergence of a greater Chinese economic grouping.

Why Globalization Didn’t Happen, 1948–1982

Free Traders ◽  
2019 ◽  
pp. 32-57
Author(s):  
Malcolm Fairbrother
Keyword(s):  
United States ◽  
International Economic ◽  
Economic Integration ◽  
The United States ◽  
Regional Economic Integration ◽  
Closed Economy ◽  
Economic Issues ◽  
The Us ◽  
Us Government ◽  
Political Economic

This chapter sets the stage for the rest of the book, describing key political economic events, conditions, and changes in Canada, Mexico, and the United States from the 1940s to the early 1980s. The US government was broadly keen on regional economic integration throughout this period, but Canada and Mexico were opposed. As a consequence, this was in some ways a period of deglobalization. Canadian economists advocated freer trade (like their counterparts in the United States), but Canadian businesspeople prevented the state from pursuing it. In Mexico, political elites maintained a closed economy because they subscribed to the developmentalist economic ideas of the day. Public opinion everywhere was little informed about international economic issues, and had no significant role to play in shaping public policies.

Is Discussion of the “United States of Africa” Premature? Analysis of ECOWAS and SADC Integration Efforts

2012 ◽  
Vol 56 (1) ◽  
pp. 29-54
Author(s):  
Malebakeng Forere
Keyword(s):  
United States ◽  
Economic Integration ◽  
Southern Africa ◽  
The United States ◽  
African Union ◽  
Economic Community ◽  
Community Members ◽  
Regional Economic ◽  
Normative Framework ◽  
Theoretical Premise

AbstractFor integration to succeed, the intending bloc of nations must begin with integration efforts that are based on gradual, continuous and concrete achievements, to create de facto solidarity among community members. This is the theoretical premise on which this article is based. This perspective is also drawn from the normative framework of both the Constitutive Act of the African Union (AU) and the Treaty Establishing the African Economic Community. According to its objectives, the AU aims to form a union government, to be preceded by successful economic integration through regional economic communities (RECs). While there are several RECs in Africa, this article examines those in west and southern Africa, being among the more developed. The article discusses whether the RECs have achieved their objectives to the extent that would warrant discussion of, and efforts towards, the imminent formation of the “United States of Africa”.

scholarly journals Regional Economic Integration in South Asia: The Way Forward

2004 ◽  
Vol 43 (4II) ◽  
pp. 959-974
Author(s):  
Musleh-ud Din ◽  
Shahbaz Nasir
Keyword(s):  
South Asia ◽  
South Asian ◽  
Economic Integration ◽  
Developing Economies ◽  
Economic Cooperation ◽  
Regional Economic Integration ◽  
The South ◽  
Regional Trade ◽  
Regional Economic ◽  
Asian Economies

Like many developing economies, the South Asian countries are opening-up their economies with a view to accelerating their economic growth through greater trade and investment. In this context, attempts have also been made to encourage regional trade under the aegis of the South Asian Association for Regional Cooperation (SAARC). In particular, the South Asian Preferential Trade Agreement (SAPTA) provides for reductions in tariffs and other restrictions on specific commodities on a reciprocal basis, and the eventual objective is to integrate the South Asian economies into a free trade area through SAFTA, which would come into force on January 1, 2006. However, despite greater attention on regional economic cooperation initiatives, there has been little progress in regional trade expansion: intra-regional trade continues to be minimal, not exceeding 5 percent of the total trade of the South Asian economies. This paper highlights the importance of regional economic integration in South Asia as elsewhere, spells out the factors which have so far hampered economic cooperation in the region, and outlines a future course of action to achieve greater economic integration in South Asia. Section 2 provides a broad perspective on regional economic integration with a particular focus on the need to foster greater economic cooperation in South Asia. Section 3 discusses the factors that have impeded intra-regional trade and economic ties within the region. Section 4 spells out measures to enhance economic cooperation in the SAARC region, while Section 5 concludes the discussion.

scholarly journals Peculiarities of Israel’s participation in regional economic integration

2016 ◽  
pp. 41-50
Author(s):  
A. V. Fedorchenko
Keyword(s):  
Economic Integration ◽  
The United States ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
Free Trade Zones ◽  
Eurasian Economic Union ◽  
Unique Experience ◽  
Economic Union ◽  
National Economies

At present, the majority of countries are involved in regional economic associations. National economies are attracted primarily to the neighboring countries and regions. Therefore, the term «regional economic integration» is used more often than the term «international economic integration». Israel is in a difficult geopolitical condition, it has a unique experience of participating in such associations that is in the center of investigation. The research is focused at the free trade zones between Israel and the European Union (EC), the United States, state and economic integration prospects in the Middle East as a whole. In the final part of the article the author notes the possibility of liberalization of foreign trade regime between Israel and the Eurasian Economic Union.

DE FACTO AND DE JURE REGIONAL ECONOMIC INTEGRATION IN EAST ASIA: HOW DO THEY INTERACT

2010 ◽  
Vol 55 (01) ◽  
pp. 7-25 ◽  
Author(s):  
FRANÇOISE NICOLAS
Keyword(s):  
East Asia ◽  
Economic Integration ◽  
East Asian ◽  
Economic Cooperation ◽  
Regional Economic Integration ◽  
Regional Trade ◽  
Regional Economic ◽  
Monetary Cooperation ◽  
The World ◽  
Trade And Investment

A salient feature of the East Asian region is the persistent discrepancy between the progress in de facto and de jure economic integration. East Asia has long been said to be the champion of loose regional economic integration, with deepening intra-regional trade and investment linkages in the absence of any formal cooperative scheme. However, an oft-heard claim is that East Asia has been shifting recently towards an institution-based form of regional economic cooperation, primarily as a result of the 1997–98 financial crisis. Next to post-crisis financial cooperative schemes under the ASEAN+3, the surge of Regional Trade Agreements (RTAs) involving East Asian countries is thought by some to further substantiate this claim. The objective of the paper is twofold; first, to assess the validity of the aforementioned claim; and second, to examine the links between de facto and de jure economic integration in East Asia compared to other regions of the world. In the process, the sequencing between trade and monetary cooperation is also addressed. The paper starts by providing a candid assessment of the current state of play of economic cooperation in East Asia (de jure integration), both from the trade and the financial/monetary perspective, and highlights the limitations of the formal regional integration movement in East Asia to date. As a next step, it explores the changing nature of intra-regional trade and investment linkages, contrasts it to the situation in other parts of the world such as Europe and examines to what extent this new form of interdependence may be instrumental in making formal regional economic schemes more attractive. A major conclusion is that de facto trade integration may not automatically lead to deeper regional trade cooperation de jure and that its impact is likely to be stronger on monetary cooperation projects.

scholarly journals RESEARCH ON REGIONAL ECONOMIC COOPERATION BETWEEN CHINA AND MONGOLIA

2020 ◽  
Author(s):  
Mavidkhaan Baasandulam
Keyword(s):  
Influencing Factors ◽  
Economic Integration ◽  
Regional Economy ◽  
Economic Cooperation ◽  
Regional Economic Integration ◽  
Regional Economic ◽  
Democratic Revolution ◽  
Reform And Opening Up ◽  
Further Development ◽  
Opening Up

Regional economic integration has become inevitable to promote the further development of regional economy in China and Mongolia. Since China’s reform and opening up and Mongolia’s democratic revolution, China Mongolia regional economic cooperation has been developing continuously. This paper summarizes the trend of economic cooperation between China and Mongolia through the analysis of economic and trade cooperation between China and Mongolia and the influencing factors of regional economy.

Openness of the Russian economy as a source of economic growth

2016 ◽  
pp. 26-42 ◽  
Author(s):  
P. Kadochnikov ◽  
A. Knobel ◽  
S. Sinelnikov-Murylev
Keyword(s):  
Economic Growth ◽  
Economic Integration ◽  
Global Economy ◽  
Regional Economic Integration ◽  
Policy Recommendations ◽  
Regional Economic ◽  
Russian Economy

The paper considers measures on Russia’s integration into the global economy, aimed at the economic growth resumption. It analyzes conditions and mechanisms due to which the expanding trade and mutual investment with other countries contribute to economic growth in Russia. The paper provides policy recommendations for export support, regional economic integration agenda and the institutions reform.

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