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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Main Author: Iulia Monica Oehler-Șincai
Format: Article
Language:ron
Published: Institute for World Economy 2014-04-01
Series:Revista de Economie Mondială
Subjects:
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.
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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