Шепетинская О.И., студентка гр. ЭК-532

Рябикина Е.В., старший преподаватель

«Ростовский государственный экономический университет (РИНХ)»

Development of integration associations in the world practice

Integration Associations are not only a characteristic feature of the international economic integration, but also a powerful tool of the accelerated development of regional economies and their competitiveness in the global market. The need and relevance of these entities is confirmed by the creation of a large number of integration associations in the last decades. Integration associations as a form of international economic integration are the characteristic feature of modern stage of world economy.

In the Western Europe due to the needs in the deployment of integration processes the European Union appeared – economic, political and currency unification. Despite the lack of effective control of economies of EU members and their level of socio – economic development, the European Union at the moment, of course, is the most developed integration grouping in the world. On the basis of successful economic integration political ties between the member countries of the Association develop, and the currency of Union – the Euro in the coming years will be able to push for a world currency – the dollar.

It should be noted that activities of highly integrated associations, and EU firstly, more significant and noticeable. So the EU dates back to 1957. At the present stage of development the supranational bodies of the Union unreservedly carry out a single trade, monetary, competitive, economic, scientific – technical and other types of policies. In domestic affairs the EU also shows the close relationship of States parties: we can see joint fight against crime, there is a common citizenship, efforts in tax fiscal, social and educational fields are coordinated.

Now the EU's 493 million people, about 22% of global GDP, about 18% of world merchandise trade and 26% in services (not taking into account the volumes of domestic trade Union), the source of 45% of foreign direct investment in the world, etc. However, the current stage of development of the European Union is characterized, on the one hand, the scale of expansion, and, on the other hand, low socio-economic level of the candidate countries and some member countries of the EU, which affect on the successful functioning of the Association. So in 1973 and in 1995, developed countries became members of the European Union, and in 1980-ies – countries, which were considerably behind of the EU in terms of socio – economic development in all indicators. This is also evidenced by the recent expansion of the EU in 2004. At the moment the European Union consists of 28 States which are quite heterogeneous, differing from each other in terms of socio – economic development. The heterogeneity of economic development of the EU illustrates the share of GDP in total EU GDP. In addition, in terms of the accession of new States to the Union there is no effective monitoring of performance of economies of EU member States, in particular those that joined the Union later and did not differ by economic stability. In this situation, the alignment tools of socio-economic disparities are the structural funds, financial resources which are formed due to the growth in the GDP of the European Union.

In addition, the feature development of the European Union at the present stage is the need for institutional reforms on the basis of the integration Association. Reception in EU of new member States entails the reform of the internal structure of the Union and a clearer delineation of competences of the EU with the participants.

However, despite the existing problems of development, the EU is a unique international education, which combines elements of both international organizations and State, but formally is neither the one nor the other. The Union is not a subject of international public law, but has the authority to participate in international relations and plays an important role.Начало формыКонец формы

Besides the EU, the most significant and dynamic integration groupings in the Americas, NAFTA and MERCOSUR may be the beginning of the American free trade area and Association of the Southeast Asian Nations (ASEAN) will actively evolve through the restructuring of the economies of its member countries.

The main obstacles in the integration process in the post-Soviet space in the person of the Commonwealth of Independent States were fears to limit their sovereignty, economic hardship, failure to complete the construction of a new socio-economic system, etc. Based on such factors as existing in the past the division of labor, technological interdependence, the elements of a common cultural and civilization space, the member countries of the CIS, however, were unable to organize effectively its activities in the post-Soviet space – there were many agreements, but most of them had not been fulfilled.

However, on the basis of the CIS have a regional Association with a higher level of integration. So the prospects of the Eurasian integration processes assigned to the new integration Association – the Eurasian economic Union, which in terms of geopolitical change, and the established import substitution and the experience of other associations is able to show results in the near future. Despite the existing problems in the functioning of the Association, the Eurasian economic Union is actively developing and in the nearest future it is planned to unite political and economic interests of countries located in the European and Asian parts of the vast continent.

Thus integration gives significant benefits not only to associations, but also each state member separately: the size of the market increases, terms of trade become better, with the expansion of trade infrastructure is improving, advanced technology apply. Intensive integration processes in modern stage, reflecting the trend of economic development of individual countries and regions, lead to changes in the structure of the world economy.

List of sources used:

1.  Richard E. Baldwin, Charles Wyplosz. The economics of European integration// McGraw – Hill Higher Education, 2006.

2.   Eurasian Economic Integration: facts and figures [Electronic resource] // www.eurasiancommission.org: materials of Eurasian Economic Commission.

3.   Ultanbaev Rafael. Eurasian economic community in new integration conditions// Central Asia and the Caucasus. - №4. – 2006.

 

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