Regional economic integration helps the development of the world economy
May 13, 2019 09:08 Source: "China Social Sciences" Journal of Social Sciences, May 13, 2019, Issue 1690 Author: Reporter Zhao Qi

Current,The global economy is affected by trade protection.,There are many uncertainty。But,The development of regional economic integration,It has become an important factor in maintaining an open world economy。May 3,The Director of the Project Department of the Russian Think Tank Waldai International Debate Club, Yaroslav Lissovolik, etc.,2018,Trade cooperation between developing countries and the development of regional economic integration,It provides new momentum for global economic growth。Why is the regional economic integration?,What results have been achieved at present,What is the significance of the global economic development in the future? How to use the regional economic integration platform to promote cooperation between domestic home and family?,Our reporter interviewed relevant scholars。

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Livo Valik said,In recent years,With the continuous development of the global economy,The trend of regional economic integration is becoming more and more manifested,Especially Bet365 app download when the World Trade Organization implements the multilateral trading system, it is constantly frustrated,Regional economic integration becomes unprecedentedly active。but,The formation of regional economic integration is not easy,It must not only meet the interests of various member states,Reasonable configuration of manpower among member states in the area、material resources,It also needs to reduce or eliminate trade barriers between member states,Social and economic policy between coordinated member states。Livolyk mentioned,There are many benefits to establishing a regional economic integrated cooperation platform。For example,Increase the connection between different countries in the same area; it is conducive to solving the trade dispute between member states in the region; when an economic crisis occurs,You can use regional financing arrangements for resources,Relieve the regional economic crisis; increase the opportunity to coordinate with global institutions,Promote regional security; expand the cooperation between other members of each member country on other major issues。

Although the recent trade protectionist measures taken by the United States have damaged the global open trade pattern,but,Developing countries are trying to eliminate adverse bet365 best casino games effects,and achieved important progress。Livovolik believes,For now,South -South Trade Cooperation has played a positive role in promoting the growth of world trade and the modernization of related countries。Southern South Trade has high development potential,There are three main reasons。First,Southern countries have strong growth motivation。2,Similar development levels in the southern countries,Can expand production sharing space。third,Southern countries have a strong complementarity in terms of production capacity and resource endowment。

Researcher Chelsea Markowitz, a researcher at the South African Institute of International Affairs, told this reporter,Relevant reports of the World Trade Organization display,Developing countries have high development potential,This development potential can in turn can promote the growth of world trade。2017,GDP of developing countries increased by 4.3%,Forecast this number in 2019 will reach 4.6%。Correspondingly,2017 developed economy GDP growth rate is only 2.3%,This number in 2019 will drop to 2%-2.4%interval。The regional economic integration promoted by developing countries is making progress。For example,Eurasian Economic Union is actively cooperating bet365 live casino games with Southeast Asian countries such as Vietnam。Southern Common Market and Southern African Tariffs Alliance in South America has also reached an agreement,It aims to expand the trade volume of both parties。India and ASEAN actively cooperate,Promoting trade between the two parties。The establishment of these economic integration platforms and their cooperation models make people realize,Only open and inclusive development can truly bring economic growth。

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Whether the Pan-Continental Integration Platforms can be formed in the future,Establish a cross -continent alliance platform,The economic growth and development project researcher of the South Africa Institute of Security Research, Peter Fabricius, believes,This is not realized。Current,Africa has established a free trade zone in the African continent,and actively establish a good cooperative relationship with the BRICS countries。Pacific Alliance in Latin America bet365 best casino games and the Southern Common Market have also established close contact,These two representatives of trading groups with nearly 90%of the domestic GDP in Latin America will meet in July 2018,and signed a letter of intent to conclude the regional trade agreement。At the same time,Pacific Union and the Southern Common Market are also strengthening the contact of cross -continent,Active and China、Establishing partnership in Russia。Shanghai Cooperation Organization in Eurasia ushered in the addition of India and Pakistan in 2017,This makes the Shanghai Cooperation Organization one of the world's largest regional economic groups。This can be seen,Latin America、Africa and Eurasia have made significant progress in economic integration。But,There are still many jobs to do between the three,If you strengthen mutual trust、Further extended the cooperative relationship to the Gulf country, etc.。

Professor Jannie Rossouw, a professor at the Business School of Jinshan University in South Africa, told this reporter,Developing countries are trying to build a Latin America in terms of regional economic integration、Channel of Africa and Eurasia。This also shows,Developing countries are trying to eliminate the negative impact of trade protectionism,Actively promote the world economy in a more open direction。This can be seen,The world economy is developing in a variety of models,Gradually replace the previous "center -peripheral" economic development model。It can foresee,Due to developing countries adopting a more open economic bet365 best casino games model,In the future, the economic aggregate of developing countries may exceed the economic aggregate of developed countries。

Rosov also mentioned,In terms of establishing a more balanced global economic structure,You need to prioritize the gap at the regional level。According to previous experience,The narrowing gap is extremely important for maintaining the global macroeconomic stability。Developing countries while improving their own economic level,It is also necessary to strengthen interconnection with developed economies。Regional economic integration must not only promote the economy by reducing trade barriers and reducing the cost of consumers' purchase of goods,It is also necessary to build a dynamic integrated group,To get external bonus,If attracting external investment。The ultimate goal of regional economic integration is to promote economic globalization,This has become the focus of reorganizing the world economic structure。Visible,Develop countries will play an increasingly important role in the global economic system。

Editor in charge: Cui Cen
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