scholarly journals Energy diplomacy in Latin America

2020 ◽  
Vol 8 (2) ◽  
pp. 81-85
Author(s):  
Aleksandr Suglobov ◽  
Oleg Karpovich
Keyword(s):  
Latin America ◽  
Economic Integration ◽  
Regional Integration ◽  
Energy Market ◽  
Modern World ◽  
Regional Economic Integration ◽  
Regional Economic ◽  
World Energy ◽  
Main Instrument ◽  
Energy Diplomacy

This article discusses the main aspects and features of the modern world energy market in Latin America. Energy diplomacy is analyzed as the main instrument of regional integration. The activities Of the Commission for regional economic integration (CELAC) are studied through the prism of ensuring the interests of all the main participants in this integration Association.

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 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?

Specifics of Integration Processes in the Former Soviet Union: The Case of the Eurasian Economic Union

2018 ◽  
Vol 9 (4) ◽  
pp. 1402
Author(s):  
Assem OINAROVA ◽  
Ramazan ALIMKULOV ◽  
Sholpan TLEPINA
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Analytical Data ◽  
International Organization ◽  
Regional Economic Integration ◽  
Regional Economic ◽  
Member States ◽  
Eurasian Economic Union ◽  
The World ◽  
Economic Union

In the present settings, the development of the world economy follows a key trend that consists in regional economic integration. It is quite predictable that the member states of the Eurasian Economic Union (EAEU) are promoting the project of economic integration aiming to secure certain positions in the developing new structure of the global economic system. This study aims to establish whether EAEU meets the criteria for an international organization of regional integration, as well as to consider whether the EAEU countries can successfully combine their membership with the membership in the World Trade Organization (WTO). The study was based on specific techniques and methods for the research of phenomena and processes. In a bid to reach the objectives of the study, the authors considered the scientific opinions, online data sources, as well as the analytical data available on the official websites of EAEU, WTO and the Eurasian Economic Commission. The importance of the study lies in the actionable advice on the improvement of integration that was provided based on the analysis of the regional economic integration processes within EAEU. The study concludes that the EAEU was established in accordance with the norms of international law and that the Union possesses every attribute of an international organization. In addition to that, as a result of examining EAEU’s ‘outer borders,’ the study revealed certain problems for the member states in trying to maintain their EAEU membership alongside with the membership in WTO.

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 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.

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