A Comparative Analysis of Key Integration Blocks
Why is integration progressing successfully in some parts of the world but not in others? Why are only some integration blocks hugely important for member countries? And why this is not the case globally? This article provides a comparative analysis of international economic structures, aiming to id...
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| Format: | Article |
| Language: | English |
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Lodz University Press
2024-03-01
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| Series: | Comparative Economic Research |
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| Online Access: | https://czasopisma.uni.lodz.pl/CER/article/view/22757 |
| _version_ | 1797236939192008704 |
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| author | Leszek Jerzy Jasiński |
| author_facet | Leszek Jerzy Jasiński |
| author_sort | Leszek Jerzy Jasiński |
| collection | DOAJ |
| description | Why is integration progressing successfully in some parts of the world but not in others? Why are only some integration blocks hugely important for member countries? And why this is not the case globally? This article provides a comparative analysis of international economic structures, aiming to identify the factors that contribute to the validity and effectiveness of integration.
The article examines eight economic blocks: the European Union, the Agreement between the United States of America, the United Mexican States and Canada, the Southern Common Market, the Association of Southeast Asian Nations, the Euroasian Economic Union, the South Asian Association for Regional Cooperation, the African Union, and the Regional Comprehensive Economic Partnership. We take into account five stages of integration: free trade area, customs union, single market, economic union, and monetary union. To understand the progress of integration, one must consider a number of developments and indicators. The coefficient of economic gravity, which we describe in this paper, is a convenient method to find out how important integration structures are for contracting states. |
| first_indexed | 2024-04-24T17:11:49Z |
| format | Article |
| id | doaj.art-997cc5654f3e45ebbad57cdc2de997ed |
| institution | Directory Open Access Journal |
| issn | 1508-2008 2082-6737 |
| language | English |
| last_indexed | 2024-04-24T17:11:49Z |
| publishDate | 2024-03-01 |
| publisher | Lodz University Press |
| record_format | Article |
| series | Comparative Economic Research |
| spelling | doaj.art-997cc5654f3e45ebbad57cdc2de997ed2024-03-28T09:48:10ZengLodz University PressComparative Economic Research1508-20082082-67372024-03-01271314410.18778/1508-2008.27.0223008A Comparative Analysis of Key Integration BlocksLeszek Jerzy Jasiński0Warsaw University of Technology, Warsaw, PolandWhy is integration progressing successfully in some parts of the world but not in others? Why are only some integration blocks hugely important for member countries? And why this is not the case globally? This article provides a comparative analysis of international economic structures, aiming to identify the factors that contribute to the validity and effectiveness of integration. The article examines eight economic blocks: the European Union, the Agreement between the United States of America, the United Mexican States and Canada, the Southern Common Market, the Association of Southeast Asian Nations, the Euroasian Economic Union, the South Asian Association for Regional Cooperation, the African Union, and the Regional Comprehensive Economic Partnership. We take into account five stages of integration: free trade area, customs union, single market, economic union, and monetary union. To understand the progress of integration, one must consider a number of developments and indicators. The coefficient of economic gravity, which we describe in this paper, is a convenient method to find out how important integration structures are for contracting states.https://czasopisma.uni.lodz.pl/CER/article/view/22757integration blockeconomic gravitystage of integrationeconomic coefficient |
| spellingShingle | Leszek Jerzy Jasiński A Comparative Analysis of Key Integration Blocks Comparative Economic Research integration block economic gravity stage of integration economic coefficient |
| title | A Comparative Analysis of Key Integration Blocks |
| title_full | A Comparative Analysis of Key Integration Blocks |
| title_fullStr | A Comparative Analysis of Key Integration Blocks |
| title_full_unstemmed | A Comparative Analysis of Key Integration Blocks |
| title_short | A Comparative Analysis of Key Integration Blocks |
| title_sort | comparative analysis of key integration blocks |
| topic | integration block economic gravity stage of integration economic coefficient |
| url | https://czasopisma.uni.lodz.pl/CER/article/view/22757 |
| work_keys_str_mv | AT leszekjerzyjasinski acomparativeanalysisofkeyintegrationblocks AT leszekjerzyjasinski comparativeanalysisofkeyintegrationblocks |