THE EU, APEC AND ASEAN; A COMPARISON IN THE FRAMEWORK OF ECONOMIC INTEGRATION
Fast developing technology, increased production and the search for market has paved the way for globalization after the industrial revolution. Transnational borders has almost disappeared today’s World which faced with two great wars and a lot more threat during the 20th century. Economic integrati...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | deu |
| Published: |
University of Oradea
2016-07-01
|
| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | http://anale.steconomiceuoradea.ro/volume/2016/n1/9.pdf |
| _version_ | 1818514976273334272 |
|---|---|
| author | Ismet ATES Orhan SANLI |
| author_facet | Ismet ATES Orhan SANLI |
| author_sort | Ismet ATES |
| collection | DOAJ |
| description | Fast developing technology, increased production and the search for market has paved the way for globalization after the industrial revolution. Transnational borders has almost disappeared today’s World which faced with two great wars and a lot more threat during the 20th century. Economic integrations gained speed after the two Great World Wars. Countries started to come together because of advancing technology, transportation facilities, security concerns and increased competition during this period. Thus, political, military and cultural integration movements established and also economic integration movements gained speed. Economic, political, military integrations like EU, APEC, ASEAN, NAFTA, WTO and NATO have showed impact in every region of the World. There are a lot of regional and global integration movements in the World. Globalization leads to act the World as if it had a single center increasingly. This case is important in terms of economic integration of the national economies. The main objective of economic integration is an effort to eliminate all barriers to trade. In this work, the structure of the economic integration process and its effect on the World economy will be examined. APEC, ASEAN and EU can be considered as one of the best samples of the economic integration in the World. General structures, macroeconomic performances and their effects on integration process of these three economic integrations will be discussed. As a result, APEC stands out with its developing large trade volume, ASEAN is noted with its great speed of economic development and, European Union differs with its large gross domestic product per capita. APEC, EU and ASEAN organizations show that both developed and developing countries can not remain outside of integration. Each of the three integration movement has been making great contributions to the World to integrate. World is almost becoming a single country thanks to the economic integration. |
| first_indexed | 2024-12-11T00:22:59Z |
| format | Article |
| id | doaj.art-f85ca74d31d94ec1a8e6c887b9edff8d |
| institution | Directory Open Access Journal |
| issn | 1222-569X 1582-5450 |
| language | deu |
| last_indexed | 2024-12-11T00:22:59Z |
| publishDate | 2016-07-01 |
| publisher | University of Oradea |
| record_format | Article |
| series | Annals of the University of Oradea: Economic Science |
| spelling | doaj.art-f85ca74d31d94ec1a8e6c887b9edff8d2022-12-22T01:27:40ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1222-569X1582-54502016-07-012518493THE EU, APEC AND ASEAN; A COMPARISON IN THE FRAMEWORK OF ECONOMIC INTEGRATIONIsmet ATES0Orhan SANLI1Faculty Member, Researcher, Fast developing technology, increased production and the search for market has paved the way for globalization after the industrial revolution. Transnational borders has almost disappeared today’s World which faced with two great wars and a lot more threat during the 20th century. Economic integrations gained speed after the two Great World Wars. Countries started to come together because of advancing technology, transportation facilities, security concerns and increased competition during this period. Thus, political, military and cultural integration movements established and also economic integration movements gained speed. Economic, political, military integrations like EU, APEC, ASEAN, NAFTA, WTO and NATO have showed impact in every region of the World. There are a lot of regional and global integration movements in the World. Globalization leads to act the World as if it had a single center increasingly. This case is important in terms of economic integration of the national economies. The main objective of economic integration is an effort to eliminate all barriers to trade. In this work, the structure of the economic integration process and its effect on the World economy will be examined. APEC, ASEAN and EU can be considered as one of the best samples of the economic integration in the World. General structures, macroeconomic performances and their effects on integration process of these three economic integrations will be discussed. As a result, APEC stands out with its developing large trade volume, ASEAN is noted with its great speed of economic development and, European Union differs with its large gross domestic product per capita. APEC, EU and ASEAN organizations show that both developed and developing countries can not remain outside of integration. Each of the three integration movement has been making great contributions to the World to integrate. World is almost becoming a single country thanks to the economic integration.http://anale.steconomiceuoradea.ro/volume/2016/n1/9.pdfEconomic integration, APEC, ASEAN, EU, Foreign Trade |
| spellingShingle | Ismet ATES Orhan SANLI THE EU, APEC AND ASEAN; A COMPARISON IN THE FRAMEWORK OF ECONOMIC INTEGRATION Annals of the University of Oradea: Economic Science Economic integration, APEC, ASEAN, EU, Foreign Trade |
| title | THE EU, APEC AND ASEAN; A COMPARISON IN THE FRAMEWORK OF ECONOMIC INTEGRATION |
| title_full | THE EU, APEC AND ASEAN; A COMPARISON IN THE FRAMEWORK OF ECONOMIC INTEGRATION |
| title_fullStr | THE EU, APEC AND ASEAN; A COMPARISON IN THE FRAMEWORK OF ECONOMIC INTEGRATION |
| title_full_unstemmed | THE EU, APEC AND ASEAN; A COMPARISON IN THE FRAMEWORK OF ECONOMIC INTEGRATION |
| title_short | THE EU, APEC AND ASEAN; A COMPARISON IN THE FRAMEWORK OF ECONOMIC INTEGRATION |
| title_sort | eu apec and asean a comparison in the framework of economic integration |
| topic | Economic integration, APEC, ASEAN, EU, Foreign Trade |
| url | http://anale.steconomiceuoradea.ro/volume/2016/n1/9.pdf |
| work_keys_str_mv | AT ismetates theeuapecandaseanacomparisonintheframeworkofeconomicintegration AT orhansanli theeuapecandaseanacomparisonintheframeworkofeconomicintegration AT ismetates euapecandaseanacomparisonintheframeworkofeconomicintegration AT orhansanli euapecandaseanacomparisonintheframeworkofeconomicintegration |