ANALYSIS OF THE RELATIONSHIP DEGREE OF INTEGRATION WITH THE GROWTH OF WELFARE IN THE COUNTRIES - MEMBERS EU, NAFTA, ASEAN, MERCOSUR
Journal Title: Схід - Year 2016, Vol 145, Issue 5
Abstract
Modern world economy includes more than one hundred regional trade agreements in place and number that is continuously evolving. Recently some countries reconfigure their economic and political interests and priorities to protectionism. From another side, the expansion of the World Trade Organization has created side agreements with other regional groups leading to a web of trade agreements and understandings. The article is considered the features of integration agreements on the example of the EU, NAFTA, ASEAN and Mercosur. The influence of the process of international economic integration on the gross domestic product, employment and incomes of participating countries is examined. It defines dependence of the effects of integration on stages of integration and economic development of members' countries. It is determined that regional integration is changing welfare of population on macro and micro levels. It is defined the degree of integration depends upon the willingness and commitment of independent sovereign states to share their sovereignty. Deep integration that focuses on regulating the business environment in a more general sense is faced with many difficulties.
Authors and Affiliations
G. O. Shamborovskyi
Keywords
Related Articles
- EP ID EP425130
- DOI 10.21847/1728-9343.2016.5(145).82934
- Views 162
- Downloads 0
Conceptuality and communication at the philosophical tradition of Richard Rorty
The article deals with the philosophical achievement of Richard Rorty, a bright representative of the English-American tradition of analytic philosophy, in view of the communicative orientation of his key ideas. The auth...
FUNCTIONAL MEANING OF THE PHENOMENON OF INITIATION
The experience the world's cultural traditions has proved that the human existence with the change of vital biological processes and social conditions subordinates to and stands at the certain step of the hierarchy. In o...
PERSONALISM IN ORTHODOX THEOLOGY
The paper looks into the personalistic doctrine of the orthodox theological tradition. It covers the prerequisites of development of Christian understanding of personhood in Judaism and Greek philosophy and analyzes the...
Stalingrad strategic defense operation (17.07 - 18.11.1942): expenses and prospects in operational commanding by tank war
Stalingrad was one of the main goals of the offensive of German troops and its allies on the Eastern front in summer- autumn 1942.This city was an important communication station and one of the main production centers of...
The socially responsible activity management mechanism grounding
The enterprise socially responsible activities system of the needs the effective management mechanism. It has been proved the enterprise social responsibility policy should be included in the management strategy. Modern...