INTEGRATION PROCESSES AND GLOBAL REGIONS

Authors

  • Olena Bulatova Mariupol State University
  • Yurii Chentukov Mariupol State University
  • Illia Chentukov Mariupol State University

DOI:

https://doi.org/10.35774/jee2018.03.291

Keywords:

Region, global region, regionalization, global regionalization, new regionalism.

Abstract

This article deals with changes of a spatial structure of the world economy, which has complex and heterogeneous hierarchy. It specifies that multipurposeness and complex structuring are becoming global signs of regionalization proc­esses and highlights the enhanced role of regional competitiveness within the context of global transformation. The emphasis is laid upon the objectiveness of the global regionalization process, which characterizes processes of the world economy development whilst global regions are becoming its main system ele­ments. This paper stresses that global regionalization development is reflected through a new global space structure. It suggests a methodic toolbox of compre­hensive assessment of regional integration development processes with due consideration of various aspects (trade, industrial and market integration), which provides for a comparative analysis of global regions' development or of certain integration associations according to the development level of integration proc­esses on the basis of suggested integrated index.

JEL: F02.

Author Biographies

Olena Bulatova, Mariupol State University

Doctor of Economic Sciences, Professor.

Yurii Chentukov, Mariupol State University

Doctor of Economic Sciences, Professor.

Illia Chentukov, Mariupol State University

Candidate of Science in Economics.

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Published

16.11.2018

How to Cite

Bulatova, Olena, et al. “INTEGRATION PROCESSES AND GLOBAL REGIONS”. Journal of European Economy, vol. 17, no. 3, Nov. 2018, pp. 292-04, doi:10.35774/jee2018.03.291.

Issue

Section

REGIONALIZATION IN EUROPEAN ECONOMIC AREA