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Economies
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Anti-Globalization vs. Regional Integration
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Anti-Globalization vs. Regional Integration

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: closed (31 January 2021) | Viewed by 6665

Special Issue Editor

Prof. Dr. Kuchiki Akifumi

E-Mail Website
Guest Editor
Institute for International Trade and Investment, 1-4-5, 37 Kowa Building Tsukiji, Chuoku, Tokyo, Japan
Interests: regional integration; anti-globalization; globalization; global value chain; agglomeration; income gaps
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The global economy is currently undergoing globalization as the result of free trade agreements (FTAs) and economic partnership agreements (EPAs). This globalization has brought both economic prosperity and disparity. While the multilateral trade agreement of the World Trade Organization was difficult to negotiate, many countries and regions changed from multilateral trade agreements to bilateral FTAs, multilateral FTAs, and mega FTAs such as the TPP (Trans-Pacific Partnership) and RCEP (Regional Comprehensive Economic Partnership). However, the anti-globalization movement started in part because the United Kingdom decided to implement a Brexit policy and Mr. Trump was elected as the president of the USA in 2016. This Special Issue is devoted to the problem of “Anti-Globalization vs. Regional Integration”. Topics cover regional integration; bilateral and multilateral FTAs and EPAs; mega FTAs such as the RCEP, TPP, and FTAAP (Free Trade Area of the Asia-Pacific) in Asia; BRI (One Belt, One Road Initiative); anti-globalization, America First; and Brexit. We welcome original research articles, both practical and theoretical, including those on regional integration, globalization, and anti-globalization from the perspectives of economic growth, industrial clusters, and income gaps.

Prof. Dr. Kuchiki Akifumi
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • regional integration
  • bilateral, multilateral, and mega FTAs
  • EPAs
  • TPP
  • FTAAP
  • One Belt One Road Initiative
  • RCEP
  • NAFTA
  • SAARC
  • Africa Union
  • Union of South American Nations
  • anti-globalization
  • America First
  • Brexit
  • global value chain
  • agglomeration policy
  • industrial cluster
  • income gaps

Published Papers (2 papers)

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Research

15 pages, 1190 KiB  
Article
‘Sequencing Economics’ on the ICT Industry Agglomeration for Economic Integration
by Akifumi Kuchiki
Economies 2021, 9(1), 2; https://doi.org/10.3390/economies9010002 - 1 Jan 2021
Cited by 7 | Viewed by 2505
Abstract
In this paper, we seek to establish ‘sequencing economics’ in an architectural theory on agglomerations that are comprised of various segments, such as infrastructure, institutions and human resources. The sequencing of such segments is based on a causal chain, with the notion of [...] Read more.
In this paper, we seek to establish ‘sequencing economics’ in an architectural theory on agglomerations that are comprised of various segments, such as infrastructure, institutions and human resources. The sequencing of such segments is based on a causal chain, with the notion of ‘economies of sequence’ regarded as a tool with which to efficiently sequence the segment construction, as defined by Granger causality relationships. The use of ‘new economic geography’ for cases in which such economies of sequence were applied to the information and communication technology (ICT) industry, the paper concludes that as the starting conditions for the sequencing of the segments of the agglomeration, the value of the share of skilled workers exceeds the threshold value at which the symmetric equilibrium shifts to an agglomeration equilibrium. The results of Granger causality testing identified that an increase in research expenses Granger-causes an increase in the number of patents, and an increase in the number of patents Granger-causes an increase in value added. Based on our results, we conclude that when sequencing the segments of an agglomeration in the ICT industry, the development and invitation of researchers is a precondition, and that the procurement of research funds for patent development precedes any increase in patents. Subsequently, the procurement of funds is necessary for the development of products based on the patents. Full article
(This article belongs to the Special Issue Anti-Globalization vs. Regional Integration)
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18 pages, 1175 KiB  
Article
Does Financial Integration Enhance Economic Growth in China?
by Duc Hong Vo, Anh The Vo and Chi Minh Ho
Economies 2020, 8(3), 65; https://doi.org/10.3390/economies8030065 - 13 Aug 2020
Cited by 9 | Viewed by 4317
Abstract
China is a fascinating country in Asia, the second-largest economy in the world, with incredible economic growth and development in the last two decades. In addition, China has dramatically enjoyed a disciplined and successful financial integration with the region and the world in [...] Read more.
China is a fascinating country in Asia, the second-largest economy in the world, with incredible economic growth and development in the last two decades. In addition, China has dramatically enjoyed a disciplined and successful financial integration with the region and the world in the same period. As such, it is interesting to examine a potential link between economic growth and financial integration in this most populous country. This paper was conducted to identify whether financial integration fosters Chinese economic growth. The Auto-Regressive Distributed Lags (ARDL) model is selected, utilizing the most updated data on a globalization (or integration) index. Two distinct aspects of financial integration, the de facto (proxied for economic activities) and the de jure (proxied for the Government policies leading to integration), are considered in this paper. We apply an econometric technique, using yearly aggregated data, to examine a long-term co-integration and a causal relationship between financial integration and economic growth in China. Findings from this paper indicate a long-term co-integration between financial integration de facto and economic growth in China. The bidirectional causality between financial integration and economic growth in China is also confirmed using the Granger causality test. Full article
(This article belongs to the Special Issue Anti-Globalization vs. Regional Integration)
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