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...

E conomic integration among countries has continued to deepen over the past decade. This is especially visible at the regional level, with the escalation of Regional Integration Agreements (RIAs) ranging from Free Trade Areas (FTAs) to Customs Unions (CUs). Nowadays, many developing countries have entered a new regional integration agreement with developed and developing countries. S...

one of the basic tenets in recent international trade literature is about the effect of trade integration on business cycle synchronization (bcs) among trading countries. the objective of this paper is to explore the main determinants of business cycle synchronization, with emphasis on trade integration. to this end, we have specified two simultaneous regression equations which were estimated b...

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...

One of the basic tenets in recent international trade literature is about the effect of trade integration on business cycle synchronization (BCS) among trading countries. The objective of this paper is to explore the main determinants of business cycle synchronization, with emphasis on trade integration. To this end, we have specified two simultaneous regression equations which were estimated b...

The objective of this paper is to explore the effect of financial crisis on trade flows of steel industries in the major Asian-Pacific steel producing countries. Using a static and dynamic panel data analysis, we test the hypothesis that the global financial crisis has a negative effect on Asia-Pacific bilateral steel trade flows. We also examine the role of regional trade integration in bilate...

in the present time, phenomenon like globalization, regionalism and economic integration are the basic issues which bring many positive consequences to the world economy. regionalism and economic integration are one of the ways that developing countries can adopt to collate the globalization process. to acknowledge their own abilities or, to settle the commercial and economic disputes in their ...

the objective of this paper is to explore the effect of financial crisis on trade flows of steel industries in the major asian-pacific steel producing countries. using a static and dynamic panel data analysis, we test the hypothesis that the global financial crisis has a negative effect on asia-pacific bilateral steel trade flows. we also examine the role of regional trade integration in bilate...

abstract:the paper begins by noting that proposals involving significant developments in the regional tradearchitecture are being developed within regional processes that in some cases are simultaneouslypursuing other dimensions of regional economic integration: monetary and financial cooperation inthe case of asean + 3, and the establishment of a common market in the case of asean. at leastthr...