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Economic Integration Theories: Application to Integration Agreements among Developing Countries

Author

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  • Eduard Marinov

    (BAS, Sofia, Bulgaria)

Abstract

Economic integration theory goes through two development stages each of which address­es the relevant for its time political and eco­nomic context. The first stage is regarded as classic theory or static analysis and includes the traditional theories of economic integration that explain the possible benefits of integration. The second stage includes the new economic inte­gration theories that are often referred to as dy­namic analysis of economic arrangements. One could differentiate certain notions of economic integration theories that deal with the effects, benefits and constrains of economic integration arrangements among developing countries. The article systematizes the theoretical approach­es towards economic integration and outlines those that are relevant to developing countries and their motivation to participate in integration agreements.

Suggested Citation

  • Eduard Marinov, 2015. "Economic Integration Theories: Application to Integration Agreements among Developing Countries," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 62-73, October.
    • Handle: RePEc:nwe:iisabg:y:2015:i:3:p:62-73
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    Cited by:

    1. Emil Panusheff, 2019. "Structural challenges for the Bulgarian economy due to the presence of Global Value Chains," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-18,19-32.
    2. Margarita Atanassova, 2018. "Employment in Bulgaria as Part of European Labor Market – Trends and Institutional Challenges," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 21-28.

    More about this item

    Keywords

    economic integration theorie;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements

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