The growth of regional trade blocks has been one of the major developments in international relations in recent years. Regional agreements vary widely but, all have the objective of reducing barriers to trade between member countries that in most cases result in increasingly trade flows and economic growth. This paper attempts to explore the results of trade integration in ECO, EU and OIC block...

strategic coalition is a model for regional development and new regionalism. in this process, multinational corporation has basic role for economic partnership with national and regional countries. this trend have been for in formed free trade association situation. regional organizations and frameworks can help determine the perceived regional and global development. global framework activitie...

The paper focuses on regional trade agreements and economic co-operation and develops a new appropriate approach to study their impact on growth and trade. The approach is based on an endogenous trade-growth theory and novelly specified in an economic integration (expenditure) framework which is the conceptual foundation of regional trade agreements. Importantly, it also appropriately takes int...

Regional economics has a long tradition in analytical research and policy modelling, with the aim to enhance our understanding of regional competitiveness conditions and of the emergence, persistence, and mitigation of spatial socio-economic disparities. Unequal regional development in our open economy has prompted a long-lasting debate on the validity and usefulness of economic growth theories...

This paper analyses both global and regional approaches to solving problems of energy security and ecological imbalance by addressing specifically the problems of China’s energy security. China’s growing energy dependence has become a major concern for both economic and national security policymakers in that country. The ambitious goal of modernization of the economy along the lines of the othe...

This paper discusses the impact of externalities on economic growth and the long term distribution of economic activities in a system of two regions. We use a standard neoclassical growth model of the Solow-type and augment it with a random process of innovation allocation. The long term behavior of this model is analyzed. As it turns out the dynamic behavior of our model differs fundamentally ...

The purpose of this report is to discuss the economic performance of the Richmond metropolitan area and to explore some of the drivers of regional growth. The Richmond metropolitan area is compared to a peer group of metropolitan areas of similar size based on population in 2010. In addition, a second exercise for benchmarking Richmond focused on other state capitals. Although this summary does...