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The Huddle/Tangle Hypothesis Of Regional Integration: The Case Of The European Union And Its Enlargement, E. Sanidas
The Huddle/Tangle Hypothesis Of Regional Integration: The Case Of The European Union And Its Enlargement, E. Sanidas
Faculty of Business - Economics Working Papers
Regional integration can be a process that resembles that of a huddle/tangle. Some countries might be more prone or keen or able to integrate than others; however there is no guarantee that this process will be smooth through time. On the contrary, integrating countries seem to hover and spin around some main stronger economically countries and form a tangle. Was there a pattern of integration for the various stages of new countries joining the EU? Was the initial momentum created by the founding countries a situation that has never changed during the last 40 years or so? Is there any …
The Long Term Fate Of Korea And Other “Small” Economies In East Asia: Economic Development, Integration Issues, And Political Power, E. Sanidas
Faculty of Business - Economics Working Papers
In this paper it is argued that Korea and other countries in East Asia like Korea have a particular fate quite predictable in the long run in terms of economic growth and political dependency unless economic integration takes place in a particular direction. Thus the presence of the potentially giant China makes things “difficult” for “Korean” countries (e.g Thailand, Malaysia, Vietnam, and even Japan). This fate is not coloured with optimism unless some measures are taken that ensure a particular way of integration in East Asia. It is not unique that a giant economy is the centre of economic activities …