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The integraton by trade and FDI of emerging economies

The Asean example

Bibliographic Data

ID12846333
AuthorsAnikó Magasházi (0009-0008-7058-9224, Corvinus University of Budapest, corresponding author)
Year2015
Volume37
Issue2
Pages207-223
Publication date2015-06-01
Open AccessYes
TypeARTICLE
VenueSociety and Economy (JOURNAL)
Journal identifiersISSN: 1588-970X • E-ISSN: 1588-9726
PublisherAkadémiai Kiadó (PUBLISHER • HU)
DOI10.1556/204.2015.37.2.4
OpenAlexW1943826442
LanguageEN
References cited3

The paper investigates the role of regionalization and regional identity in the endeavours of emerging economies to connect successfully to the global world economy. It addresses the question of whether the Association of Southeast Asian Nations (ASEAN), with its loose institutional integration framework, has contributed to the global integration of its very heterogenous members in the first decade of the 21 st century — and, if so, what are the drivers behind this. The paper summarizes connecting theories, using a multidisciplinary approach, and uses descriptive statistical analysis to identify the achievements of the ASEAN-6 countries within global trade and foreign direct invesment (FDI) flows in the given time period. We suggest that ASEAN countries, with their efforts to initiate interconnecting regional organizations in Asia, most specifically the ASEAN+3 (APT) construction, did contribute to greater integratedness of member countries; and they have created a regional image with a common market and production base. Such achievements, however, can be in great part attributed to the micro-level activities of international and regional firms wishing to establish cross-border production networks in these countries

Business · Economic geography · Economics · Economy · Emerging markets · Foreign direct investment · Free trade · Globalization · International trade · Market economy · Multidisciplinary approach · Political science · Production (economics · Regional Integration · Regional trade · Global Financial Crisis and Policies · Global trade and economics · International Business and FDI

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