SOME ISSUES OF THE THEORY OF ECONOMIC INTEGRATION AND PRACTICE OF MEGA-REGIONAL AGREEMENTS

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SOME ISSUES OF THE THEORY OF ECONOMIC INTEGRATION AND PRACTICE OF MEGA-REGIONAL AGREEMENTS

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Title: SOME ISSUES OF THE THEORY OF ECONOMIC INTEGRATION AND PRACTICE OF MEGA-REGIONAL AGREEMENTS
Author: Voronina, Tatiana
Abstract: The author gives a definition of mega-agreements and outlines their qualitative characteristics such as versatility, extra regionality, large scale, regulatory questions which do not fall in WTO competence. Quantitative criteria of mega-integration (a cumulative share of alliance in the world trade, GWP, world investments, market capacity) and their threshold values are offered. It is proved that mega- agreements’ practice does not conform to the majority of requirements for the linearly-stadial model devised by B. Balassa. Specific features of TTP and TTIP are revealed on the basis of the hub-and-spoke model.
URI: http://hdl.handle.net/10610/3053
Date: 2016


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Стопанска академия "Димитър А. Ценов" - Свищов