Abstract
The article investigates the transformation of approaches to understanding the processes of regional economic integration. The macro-region as a structural element of regionalism is explored. Criteria for typology of regional economic integration are systematized and divided into dichotomous and trichotomous. Factors influencing regional integration and current tendencies of its development are determined. A modern group of regional integration associations is identified, thus improving the existent typology. It includes regional and multilateral associations, hub and spoke regionalism, gravity agreements, plurilateral, bilateral, minilateral regionalism. JEL: F15, F13, F60, R10.
Highlights
Ontology of regional economic integration processesThe word «integration» was first used in relation to the environment of industrial organizations when referring to business alliances of companies
The article investigates the transformation of approaches to understanding the processes of regional economic integration
The processes currently occurring in the world economy, namely globalization, changing market conditions, increasing competition and the associated uncertainty of international economic and political relations, have led to the emergence of new imperatives of the mutual arrangement of states
Summary
The word «integration» was first used in relation to the environment of industrial organizations when referring to business alliances of companies. These took various institutional forms, including that of a simple agreement, a cartel, a concern, a trust and, merger and acquisition, where horizontal integration meant merging with competitors, while vertical – with suppliers and consumers (Machlup, 1977). Machlup (1977) attempted to find the author who first used the term «economic integration» in its modern sense. Economic integration levels meso-regional Associated sectors of several regional complexes within integration several bordering countries (cross-border). Combining or harmonizing economic sectors of sevregional) eral countries within the framework of regional institutes and norms mega-.
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