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.

scholarly journals EU in the system of trade interests of USA

2019 ◽  
Vol 27 (2) ◽  
pp. 386-400
Author(s):  
Yulia A Konovalova ◽  
Stepan A Ushanov
Keyword(s):  
Economic Integration ◽  
Global Economy ◽  
Regional Economic Integration ◽  
Regional Economic ◽  
Key Features ◽  
Is Development ◽  
Bilateral Cooperation ◽  
Limited List

Article is dedicated to the trade and economic links of USA and EU. The authors tried to find out key features and characteristics of these cooperation. The result of the investigation and the analysis is development of the term “economic anamorphosis”, the concept of which is the critical domination of the weight and share of limited list of partners in the system of bilateral cooperation, when one of the partners is regional economic integration, and the biggest share of trade, capital, human and other flows is attracted by these determined limited list of countries. Such situation can be estimated as disproportion of partner’s estimation and evaluation by each other. It means that economic integration is estimated not as the complex partner and subject of the global economy but with the using of deduction method.

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 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 Opportunities and Challenges for Regional Economic Integration in the Indian Ocean

2019 ◽  
Vol 1 (1) ◽  
pp. 129-151 ◽  
Author(s):  
Ganeshan Wignaraja ◽  
Adam Collins ◽  
Pabasara Kannangara
Keyword(s):  
Indian Ocean ◽  
Economic Integration ◽  
Regional Integration ◽  
Global Economy ◽  
Regional Economic Integration ◽  
Regional Economic ◽  
Jel Codes ◽  
The Indian Ocean ◽  
Policy Measures ◽  
Trade And Investment

This article examines increasing regional economic integration in the Indian Ocean, along with the region’s rising importance in the global economy and outlines the challenges to greater regional integration. It finds that the strategically located Indian Ocean economy has become an increasingly important part of the global economy in the past two decades and has become more integrated within itself. Forecasts suggest that the Indian Ocean economy will likely account for around a fifth of global GDP by 2025 and its GDP per capita is expected to almost double. However, realising this outlook will depend on tackling several pressing challenges to regional integration, including improving port quality and logistics, lowering barriers to trade and investment, narrowing development gaps, and strengthening the regional economic governance. Tackling these challenges requires a combination of coherent national and regional policy measures. JEL Codes: F150, F410, F550

Regional Economic Integration: Implications on Economic Growth in Nigeria

2020 ◽  
Vol 6 (2) ◽  
pp. 128-138
Author(s):  
Omolehinwa Linda Udo Chineye ◽  
Alwell Nteegah ◽  
Sylva Ezema Kalu
Keyword(s):  
Economic Growth ◽  
Economic Integration ◽  
Regional Economic Integration ◽  
Regional Economic

scholarly journals Design and analysis of e-commerce and modern logistics for regional economic integration in wireless networks

2020 ◽  
Vol 2020 (1) ◽  
Author(s):  
Xiaodong Tang ◽  
Gangyi Wang
Keyword(s):  
Economic Growth ◽  
Wireless Networks ◽  
Economic Integration ◽  
Information Acquisition ◽  
Rapid Development ◽  
Regional Economic Integration ◽  
Modern Logistics ◽  
Regional Economic ◽  
Logistics Industry ◽  
The Impact

Abstract The rapid development of e-commerce has greatly promoted the development of modern logistics. The application level of e-commerce and the application status of modern logistics largely determine the development of a regional economic structure. Under such circumstances, it is particularly important to comprehensively strengthen the research on the impact of e-commerce and modern logistics on the network regional economy. China is as one of the most active regions over the world. Therefore, in this paper, we take the network regional economic as the research object. Firstly, we obtain relevant regional logistics nodes and e-commerce information through wireless networks. Secondly, based on information acquisition, we propose an empirical analysis of the development status of the logistics industry and e-commerce, and we also explain their contributions to regional economic growth. Finally, this paper proposes countermeasures to further increase the contribution of logistics and e-commerce to economic growth. This will provide a reference for building a regionally coordinated logistics-e-commerce system and realizing regional economic integration.

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