Modern Integration Units: Comparative Analysis Of The Growth Factors

In the article, the results of the research, which purpose is to ground and assess the factors of economic growth of regional integration communities and national economies of member countries that develop them, are presented. The foreign trade, mutual trade turnover, and domestic demand are alloc...

Full description

Bibliographic Details
Main Authors: Bulat Doskalievich Khusainov, Andrey Gennadyevich Shelomentsev, Svetlana Viktorovna Doroshenko
Format: Article
Language:English
Published: Russian Academy of Sciences, Institute of Economics of the Ural Branch 2015-03-01
Series:Экономика региона
Subjects:
Online Access:http://economyofregion.com/archive/2015/52/2489/pdf/
_version_ 1797717150306140160
author Bulat Doskalievich Khusainov
Andrey Gennadyevich Shelomentsev
Svetlana Viktorovna Doroshenko
author_facet Bulat Doskalievich Khusainov
Andrey Gennadyevich Shelomentsev
Svetlana Viktorovna Doroshenko
author_sort Bulat Doskalievich Khusainov
collection DOAJ
description In the article, the results of the research, which purpose is to ground and assess the factors of economic growth of regional integration communities and national economies of member countries that develop them, are presented. The foreign trade, mutual trade turnover, and domestic demand are allocated as such factors. The authors has applied the novelty in their methodology which in contrast to the traditional assessment method of growth factors of integration communities and their participants, is based on comparison of two components — external and domestic demand, based on dividing the external demand on two components: the first one is pure export (the difference between export and import is a component of cumulative demand) of goods in integration community, i.e. the pure export of mutual trade; the second one is a pure export of foreign trade of goods outside of the integration association. Scope of the research is seven most known regional integrated units arose at different times and being at different stages of development — the European Union, North American Free Trade Area, Association of Southeast Asian Nations, Southern American Common Market, Asia-Pacific Economic Cooperation, and also member countries of the Eurasian integration — the Customs Union and Common Free Market Zone developed into the Eurasian Economic Union in January 1, 2015. In conclusion, it is noted that the integration develops successfully only in the conditions of the rise in national economies of the participating countries. Crisis economies have to deal more with internal problems than to resolve integration issues.
first_indexed 2024-03-12T08:32:08Z
format Article
id doaj.art-bb6e0196e33e4110b0aef95798d2e3dd
institution Directory Open Access Journal
issn 2072-6414
2411-1406
language English
last_indexed 2024-03-12T08:32:08Z
publishDate 2015-03-01
publisher Russian Academy of Sciences, Institute of Economics of the Ural Branch
record_format Article
series Экономика региона
spelling doaj.art-bb6e0196e33e4110b0aef95798d2e3dd2023-09-02T17:30:37ZengRussian Academy of Sciences, Institute of Economics of the Ural BranchЭкономика региона2072-64142411-14062015-03-012015115616910.17059/2015-1-14Modern Integration Units: Comparative Analysis Of The Growth FactorsBulat Doskalievich Khusainov0Andrey Gennadyevich Shelomentsev 1Svetlana Viktorovna Doroshenko2Institute of Economics of the Ministry of Education and ScienceInstitute of Economics, the Ural Branch of the Russian Academy of SciencesInstitute of Economics, the Ural Branch of the Russian Academy of SciencesIn the article, the results of the research, which purpose is to ground and assess the factors of economic growth of regional integration communities and national economies of member countries that develop them, are presented. The foreign trade, mutual trade turnover, and domestic demand are allocated as such factors. The authors has applied the novelty in their methodology which in contrast to the traditional assessment method of growth factors of integration communities and their participants, is based on comparison of two components — external and domestic demand, based on dividing the external demand on two components: the first one is pure export (the difference between export and import is a component of cumulative demand) of goods in integration community, i.e. the pure export of mutual trade; the second one is a pure export of foreign trade of goods outside of the integration association. Scope of the research is seven most known regional integrated units arose at different times and being at different stages of development — the European Union, North American Free Trade Area, Association of Southeast Asian Nations, Southern American Common Market, Asia-Pacific Economic Cooperation, and also member countries of the Eurasian integration — the Customs Union and Common Free Market Zone developed into the Eurasian Economic Union in January 1, 2015. In conclusion, it is noted that the integration develops successfully only in the conditions of the rise in national economies of the participating countries. Crisis economies have to deal more with internal problems than to resolve integration issues.http://economyofregion.com/archive/2015/52/2489/pdf/globalizationregionalizationintegration associationseconomic growthexternal and domestic demandpure export of mutual and foreign trade
spellingShingle Bulat Doskalievich Khusainov
Andrey Gennadyevich Shelomentsev
Svetlana Viktorovna Doroshenko
Modern Integration Units: Comparative Analysis Of The Growth Factors
Экономика региона
globalization
regionalization
integration associations
economic growth
external and domestic demand
pure export of mutual and foreign trade
title Modern Integration Units: Comparative Analysis Of The Growth Factors
title_full Modern Integration Units: Comparative Analysis Of The Growth Factors
title_fullStr Modern Integration Units: Comparative Analysis Of The Growth Factors
title_full_unstemmed Modern Integration Units: Comparative Analysis Of The Growth Factors
title_short Modern Integration Units: Comparative Analysis Of The Growth Factors
title_sort modern integration units comparative analysis of the growth factors
topic globalization
regionalization
integration associations
economic growth
external and domestic demand
pure export of mutual and foreign trade
url http://economyofregion.com/archive/2015/52/2489/pdf/
work_keys_str_mv AT bulatdoskalievichkhusainov modernintegrationunitscomparativeanalysisofthegrowthfactors
AT andreygennadyevichshelomentsev modernintegrationunitscomparativeanalysisofthegrowthfactors
AT svetlanaviktorovnadoroshenko modernintegrationunitscomparativeanalysisofthegrowthfactors