Does Regional Economic Integration is a Response to Globalisation?

Yiping Jiang

doi:10.54097/ajmss.v3i2.10371

Authors

Yiping Jiang

DOI:

https://doi.org/10.54097/ajmss.v3i2.10371

Keywords:

Globalisation, Economic Integration, Relations, Stage Theory, Obstacle Theory, Risks of Globalisation, Regional Economic Cooperation

Abstract

In recent years, with the deepening process of globalization, regional economic integration has become a hot topic of research and attention in the international community. On one hand, globalization has propelled the development of regional economic integration, enhancing economic connectivity and competitiveness among countries within a region. On the other hand, regional economic integration can also mitigate the risks and challenges brought about by globalization, fostering cooperation and stability among countries within a region. Therefore, regional economic integration plays an increasingly important role in the interaction between globalization and regionalization, serving as a significant trend in the development of both regional and global economies. It also provides policy guidance for both developed and developing countries to discover new opportunities within the process of globalization.

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