Varieties of regional integration, international trade networks and risk

Abstract

This paper explores the relationship between regional integration models and trade network structures. The paper further investigates the implications of these trade relationship configurations on risk. The exploratory study models the European Union and the Association of Southeast Asian Nations as networks: countries in each region are nodes connected by lines representing commodity trade flows. The study compares the evolution of the two regional networks over a 25‐year period (1990–2014). The results confirm that different regional integration models lead to differently structured economic relationships. The findings show that loosely coupled networks are vulnerable to the failure of a few connected nodes (concentrated vulnerability), but that tightly coupled regional networks are vulnerable to the failure of any of its nodes (random vulnerability). These unique differences in vulnerability have critical implications for managing economic risk.

UK trading patterns within and between regions in the automotive sector—A network analysis

“…Network analysis techniques have been frequently used to examine characteristics of international trade, (De Benedictis & Tajoli, 2011; Gorgoni, Amighini, & Smith, 2018b; Kali & Reyes, 2007), investment (Metulini, Riccaboni, Sgrignoli, & Zhu, 2017) and value added (Amador & Cabral, 2017). A network perspective has also been utilised to investigate regional trade patterns in the global economy (De Lombaerde, Iapadre, McCranie, & Tajoli, 2018; Seno‐Alday, 2019; Zhu, Cerina, Chessa, Caldarelli, & Riccaboni, 2014). The use of network analysis allows for a more detailed examination of the UK's position in the trade system in the automotive sector, rather than examinations of aggregate levels of regional and global trade (Iapadre & Tajoli, 2014, 2017).…”

Проектирование Евразийской Интеграционной Системы В Формирующемся Многополярном Мире

“…• èíñòèòóöèîíàëüíûå ôàêòîðû, îáóñëàâëèâàþùèå ñîöèàëüíîå êîíñòðóèðîâàíèå (ñòðîèòåëüñòâî, ïðîåêòèðîâàíèå) èíòåãðàöèîííûõ ñèñòåì íà îñíîâå îáùèõ öåííîñòåé, êóëüòóð, íîðì è ïðàâèë (Jupille, Caporaso, Checkel, 2003), äèñêóðñîâ (Schulz, S derbaum, jendal, 2001).…”