scholarly journals Regional economic integration in Europe: Effects and open issues

2006 ◽  
Vol 58 (1-2) ◽  
pp. 84-103
Author(s):  
Pero Petrovic ◽  
Miroslav Antevski
Keyword(s):  
European Integration ◽  
Economic Integration ◽  
Regional Integration ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
National Productivity ◽  
High Level ◽  
The Eu ◽  
Open Issues

In analyzing regional economic integration in Europe the authors pay special attention to the development in the European Union, for other forms of regional or sub regional integration at the continent are in fact mostly transitional and provisional, and directly connected with EU. The authors argue that in spite of considerable success and high level of integration of the EU, several important open issues remain in that process. They are results of mixed character of European integration: political and economic. Too many kinds of interests are of opposed character, and it is very hard to harmonize them in real politics. The main problems in the EU have their cause in the nature of European integration: international competitiveness of European economy, social character of European states, national productivity, challenges of enlargement.

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?

scholarly journals MACROECONOMIC STABILITY OF NEW MEMBER STATES OF THE EUROPEAN UNION: FIFTH ENLARGEMENT

2020 ◽  
Vol 8 (19) ◽  
pp. 55
Author(s):  
Sanel Razić ◽  
Merim Kasumović
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Integration ◽  
Regional Integration ◽  
Developed Countries ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
National Economies ◽  
Macroeconomic Stability

The historical context of globalization as an organized process, which influenced the majority of national economies linked via international institutional mediators, led to the so called regional economic integration phenomenon. It is interpreted as the efforts of underdeveloped and developing countries to speed up their economic growth and more significantly impact the entire macroeconomic stability by means of some form of regional integration. Nowadays, regional economic integration is one of the pillars for proper functioning of modern economic relations. Experience of developed countries serves as an example to point out that integration processes inevitably contribute to more favorable environment for developing business sector in the countries striving for integration. In the context of global integrations, more frequent forms of regional changes and the establishment of trade blocks come as the consequence as well as the overall need for obtaining trade balance among national economies. Within this context, the European Union is seen as one of the most important regional integration and an imperative in economic, political and cultural segment, as it is the territory with significant economic growth and the region with high living standards.

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 Participation of International Organizations in UN Treaties

2019 ◽  
pp. 648-662
Author(s):  
Jan Klabbers
Keyword(s):  
European Union ◽  
Economic Integration ◽  
International Organizations ◽  
Legal Issues ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
Full Member ◽  
The Eu ◽  
Agricultural Organization

This chapter addresses some of the complexities of having regional economic integration organizations (above all the European Union) participate in treaty-making under UN auspices. Discussing conceptual matters such as how participation can take place (as full member, as observer, or anything in-between), it delves into some of the relevant legal issues on both sides of the equation: on the part of the regional economic integration organization as well as on the part of the UN and specialized agencies, devoting some attention to the solutions agreed upon within the framework of the Food and Agricultural Organization when it admitted the EU as a member in its own right. These include the delegation and distribution of treaty-making powers, negotiating mandates, and the like, as well as some practical matters. The discussion is situated against a backdrop of functionalist theorizing about the law of international organizations.

Popular Support for Regional Economic Integration in Latin America

1999 ◽  
Vol 31 (1) ◽  
pp. 129-150 ◽  
Author(s):  
MITCHELL A. SELIGSON
Keyword(s):  
Latin America ◽  
Latin American ◽  
Economic Integration ◽  
Regional Integration ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
Popular Support ◽  
Integration Schemes ◽  
Education Support

Regional economic integration schemes abound in Latin America, yet very little is known about the degree of popular support for such programmes. Now that democratic regimes rule in almost all of Latin America, public opinion can have an important impact on national policies. This paper examines the attitudes toward economic integration in 17 mainland Latin American countries with interview data from over 18,000 people. Bi-variate and multivariate analyses are conducted on the factors related to support for regional integration. Perceived benefits of integration and perceptions of personal and national economic situation prove to be important factors, as are higher levels of education, support for democracy and gender (males favour integration more than females). Two novel findings are that a positive opinion of the European Union along with satisfaction with the functioning of democracy are both linked to greater support for integration.

scholarly journals The Necessity of Regional Economic Integration: a Lesson for South Asia?

2017 ◽  
Vol 9 (1) ◽  
pp. 136
Author(s):  
Md. Rajin Makhdum Khan ◽  
Faizah Imam
Keyword(s):  
South Asian ◽  
Economic Integration ◽  
Regional Cooperation ◽  
Modern World ◽  
Regional Economic Integration ◽  
The European Union ◽  
The South ◽  
Regional Economic ◽  
Contemporary World ◽  
Domestic Economies

ASEAN and the European Union have showed this world the privileges regional economic integration provides the states. Although Greece and Italy might be the torchbearers of criticism against regional cooperation and integration, these two organizations tend to be some prime examples of necessity of regional economic integration. This dissertation thus focuses on the privileges and advantages that regional economic integration system and organizations deliver to the states aligned within. With the possible and crucial criticisms on mind, the discussion moves forward analyzing if this system is making the countries perform better economically and advance towards domestic development. The dissertation further intends to find out why the South Asian nations might need similar kind of cooperation and why these countries should act more sensible to make the economic integration possible. While remarking the recommendations, the discussion also draws the barriers and the problems that this region might face in order to integrate their economies or enhance their trades. The core argument of this dissertation therefore lies in analyzing the importance of regional economic integration and liberal economics in this modern world and if the South Asian countries need economic integration to develop their domestic economies. The recommendations are to provide the possible ways to run the process and the drawbacks portion mentions the difficulties and barriers to be faced whilst all of these countries’ ongoing strict policies. The argument tries to find out the significance of liberal economics and tribulation of realism in the contemporary world.

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 Particularities of the European Union enlargement process

2009 ◽  
Author(s):  
Andreea Bucur
Keyword(s):  
European Integration ◽  
Regional Integration ◽  
Global Economy ◽  
Eu Enlargement ◽  
The European Union ◽  
Integration Model ◽  
European Union Enlargement ◽  
And Function ◽  
Positive Results ◽  
The Eu

The European integration model has proven to be so far a successful one, with a high consideration from the other countries of the world and their attempts to replicate its components and to learn from its experience of regional integration is perhaps the most sincere form of appreciation. Contemporary global economy knows various other models of economic integration, but none of the existing forms of regional integration was not up to the achievements of the EU which is distinguished primarily by the stage reached and function and<br />its ability to create unity in the context of diversity. Irreversible process, and currently ongoing, and designed to produce positive results in perspective, the enlargement is one of the most significant factors of European construction success, always accompanying its history, marking the development, institutional structure, mode of cooperation and its policies. For these reasons, the present paper aims to approach the European integration model by the factors that influenced the enlargement and also by the course of events that are reflected in so-called “waves” of EU enlargement.

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