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Analysis Of The Economic Integration Process In Asia

Author

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  • Radu Alexandru CHIOTAN
  • Tiberiu Victor BIRLADEANU
  • Ion BADEA
  • Teodora Odette BREAZ

Abstract

The contemporary world economy is undergoing a process of extensive transformations, increasingly influencing international life as well as the national economies of the world's states. This process is determined by diverse and complex economic, technical, social and political factors In contemporary conditions, a state cannot develop efficiently without active interaction with other participants in the economy globally and regionally. The Indo-Pacific region is evolving rapidly and becoming a center of gravity for trade, economic interaction, demography and security challenges. To this end, various integration structures and mechanisms are used, in which important strategic decisions are taken on issues related to international cooperation, expanding trade relations, implementing reforms, etc. The aim of the paper is to analyze the results and effects determined by the process of economic integration in Asia, for the most representative groups, as well as to identify the prospects for evolution in the face of global economic challenges.

Suggested Citation

  • Radu Alexandru CHIOTAN & Tiberiu Victor BIRLADEANU & Ion BADEA & Teodora Odette BREAZ, 2022. "Analysis Of The Economic Integration Process In Asia," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(1), pages 890-898, November.
    • Handle: RePEc:rom:mancon:v:16:y:2022:i:1:p:890-898
    DOI: 10.24818/IMC/2022/05.09
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