Economic integration development: assessment of the possibility to create EAEU – ASEAN

Mirakyan, Diana

doi:10.46486/0234-4505-2020-10-36-46

Ptpmag

2020

DOI: 10.46486/0234-4505-2020-10-36-46

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Economic integration development: assessment of the possibility to create EAEU – ASEAN

Diana Mirakyan¹

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Digitalization Processes Development in Asean Regional Integration Association

Mirakyan

2021

International Trade and Trade Policy

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The expansion of the Association of Southeast Asian Nations (ASEAN) economic capacity appears to be driven by digital factors. Current research analyses the digitalization processes in ASEAN, determines the digitalization strategy for the integration block, provides with the relevant dynamics of digitalization level indicators. The analysis of digital indicators revealed the rapidly growing level of dissemination of information and communication technologies and the dynamic development of the digital economy as a whole. Despite ASEAN's digital potential, a number of problematic issues remained, such as government regulation, protection against digital fraud, and protection of intellectual property rights. A successful initiative for the digitalization development in the Asian Pacific region could be the development of an appropriate legal framework, the development of transport infrastructure, the public-private partnership tools usage and budgetary incentives. For ASEAN member countries leadership in the digital race it seems advisable to organize training sessions, create jobs in digital industries, develop social impact bonds (SIB) projects, and create a global digital ecosystem.

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Digitalization Processes Development in Asean Regional Integration Association

Mirakyan

2021

International Trade and Trade Policy

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Economic Integration Assessing Models in Regional Integration Associations

MIRAKYAN

2024

LEJ

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Rapid development of economic integration encourages the scientific community to search for models and cooperation mechanisms that could explain the integration processes in the world economy. This paper examines the key models of integration assessment that exist in economic scientific literature - “linear” by B. Balassa (1), “core-periphery” by L. Tindemans (2), “gravitational” by J. Tinbergen (3). The purpose of the article is to determine the most relevant and universal model that allows evaluating the integration interaction in all integration associations. Using the example of the of EAEU, APEC and AC integration blocks, the author carries out the analysis of these three integration models. The study is based on the author's approach, which are determines a set of indicators and defines each model characteristics. The paper highlights the criteria for correlating regional integration blocks with their corresponding integration assessment models and provides a graphical visualization of the models. The findings show that a wide variety of regional integration blocks in the world economy today call into question the choice of one universal integration model from the existing ones. The author develops a new system of indicators which will subsequently help conduct a comprehensive assessment of integration between different countries and groups of countries.

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Economic integration development: assessment of the possibility to create EAEU – ASEAN

Cited by 2 publications

References 0 publications

Digitalization Processes Development in Asean Regional Integration Association

Digitalization Processes Development in Asean Regional Integration Association

Economic Integration Assessing Models in Regional Integration Associations

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