Trends in Global and Regional Integration by means of Trade
In the present paper we aim to emphasize several aspects of the economic integration realized through the channel of trade, from a double perspective. The first point of view is given by the formal framework, de jure, composed by the multitude of preferential trade agreements, while the second one,...
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Format: | Article |
Language: | ron |
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Institute for World Economy
2014-04-01
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Series: | Revista de Economie Mondială |
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Online Access: | http://iem.ro/rem/index.php/REM/article/view/153/176 |
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author | Iulia Monica Oehler-Șincai |
author_facet | Iulia Monica Oehler-Șincai |
author_sort | Iulia Monica Oehler-Șincai |
collection | DOAJ |
description | In the present paper we aim to emphasize several aspects of the economic integration realized through the channel of trade, from a double perspective. The first point of view is given by the formal framework, de jure, composed by the multitude of preferential trade agreements, while the second one, de facto, market-driven, is concretized by the global production networks. The first stance is exemplified through the agreements negotiated or concluded by the traditional trade powers, EU, US and Japan. Although, economically, EU is more present in Asia-Pacific than the US, the latter are politically more active and seem to gain ground. The second stance is underlined by means of the Asian integration specificity. East and South-East Asia represents the core of „Factory Asia” and is governed by the activity of the transnational corporations, their investment and cross-border networks, which makes the production process more fragmented and the regional economies more mutually dependent. |
first_indexed | 2024-12-11T18:28:55Z |
format | Article |
id | doaj.art-9d29cb18d7d24e7c94e628360c85db55 |
institution | Directory Open Access Journal |
issn | 2343-9521 2343-9521 |
language | ron |
last_indexed | 2024-12-11T18:28:55Z |
publishDate | 2014-04-01 |
publisher | Institute for World Economy |
record_format | Article |
series | Revista de Economie Mondială |
spelling | doaj.art-9d29cb18d7d24e7c94e628360c85db552022-12-22T00:54:59ZronInstitute for World EconomyRevista de Economie Mondială2343-95212343-95212014-04-01626179Trends in Global and Regional Integration by means of TradeIulia Monica Oehler-Șincai0Institutul de Economie MondialaIn the present paper we aim to emphasize several aspects of the economic integration realized through the channel of trade, from a double perspective. The first point of view is given by the formal framework, de jure, composed by the multitude of preferential trade agreements, while the second one, de facto, market-driven, is concretized by the global production networks. The first stance is exemplified through the agreements negotiated or concluded by the traditional trade powers, EU, US and Japan. Although, economically, EU is more present in Asia-Pacific than the US, the latter are politically more active and seem to gain ground. The second stance is underlined by means of the Asian integration specificity. East and South-East Asia represents the core of „Factory Asia” and is governed by the activity of the transnational corporations, their investment and cross-border networks, which makes the production process more fragmented and the regional economies more mutually dependent.http://iem.ro/rem/index.php/REM/article/view/153/176economic integrationregional trade agreementsglobal production networkstrade in value addedFactory AsiaFactory EuropeFactory AmericaASEANTrans-Pacific Partnership (TPP)Regional Comprehensive Economic Partnership (RCEP) |
spellingShingle | Iulia Monica Oehler-Șincai Trends in Global and Regional Integration by means of Trade Revista de Economie Mondială economic integration regional trade agreements global production networks trade in value added Factory Asia Factory Europe Factory America ASEAN Trans-Pacific Partnership (TPP) Regional Comprehensive Economic Partnership (RCEP) |
title | Trends in Global and Regional Integration by means of Trade |
title_full | Trends in Global and Regional Integration by means of Trade |
title_fullStr | Trends in Global and Regional Integration by means of Trade |
title_full_unstemmed | Trends in Global and Regional Integration by means of Trade |
title_short | Trends in Global and Regional Integration by means of Trade |
title_sort | trends in global and regional integration by means of trade |
topic | economic integration regional trade agreements global production networks trade in value added Factory Asia Factory Europe Factory America ASEAN Trans-Pacific Partnership (TPP) Regional Comprehensive Economic Partnership (RCEP) |
url | http://iem.ro/rem/index.php/REM/article/view/153/176 |
work_keys_str_mv | AT iuliamonicaoehlersincai trendsinglobalandregionalintegrationbymeansoftrade |