Regionalism of International Trade in the Global Management

Authors

  • Emanuela Esmerova European University – Skopje. Macedonia.

Abstract

The term “regionalism” has been interpreted in different ways. According to Alan Winters “regionalism is a policy designed in a way that should have reduced the trade barriers between the subjects in one country or between certain national economies regardless the fact whether once they have been closed to other economies in the world”. According to Andrew Harell, regionalism has been manifested in different forms: one of them is regionalization – phenomenon of economic interdependence in certain geographic area, such as between Mexico and California. Other form is the regional self-conscience, for example the belonging that feel the people in the Balkan due to their identical or similar historic, cultural and traditional affiliation. The third form is the regional collaboration between the countries (form of formal grouping such as Mercosur), while the fourth form refers to the integration promoted by the countries building concrete policies, such as the case with the  European Union for global menagment. According to Alan Abot and Dins, regionalism is “an extension of the actual multilateral trade system” i.е. ”political strategy” directed to improvement of the competitive capacity of countries, and namely it is “structural response”  to the problems that in global economy arise as a consequence of globalization processes.

Keywords: regionalization, integration of regional economy, international trade and trade indexes and  trade polarities.   

References

John McMillan “Does Regional Integration Foster Open Trade Economic Theory and GATT’S Article xxiv’ regional Integration and the global trading system , Hemel Hempsteand. 2016.

Jackson, J.: WTO and the Trading System , Law and Policy of Internal Economic Relations, SEC.ed., The MIT Press, Cambridge, England, 2016

Jovanka Biqanoska, "Nadvoresna Trgovija", teorija, politika, praktika"

Jackson, J.: WTO and the Trading System , Law and Policy of Internal Economic Relations, SEC.ed., The MIT Press, Cambridge, England, 2000

Bagwell K. and Staiger R.W : : The economics of the World Trading System, The Mit Press Cambridge Massachusetts, London, England , 2015

Begg D. Fisher S, Dornubish R (2017), “Economocs Fourth edition me Graw mill Bokk Company”, London

Pilbeam and M. Corbridge: People Resourcing - Contemporary HRM in Practice, 3rd Edition, Prentice Hall, Upper Saddle River, 2016

M. Mendenhall, B. J. Punnett and D. Rick: Global Management, Blackwell Publishers, Cambridge, 2015.

Downloads

Published

2018-04-04

How to Cite

Esmerova, E. (2018). Regionalism of International Trade in the Global Management. ANGLISTICUM. Journal of the Association-Institute for English Language and American Studies, 7(3), 56–62. Retrieved from https://anglisticum.org.mk/index.php/IJLLIS/article/view/1657

Issue

Section

Volume 7, No.3, March, 2018