For citation:
Ishukov, A. A. (2020). The “Center-Periphery” Model for Analysis of Regional Integration (The Case of the European Union and the Eurasian Economic Union). Zhurnal Economicheskoj Teorii [Russian Journal of Economic Theory], 17 (3), 589-599.
Abstract:
The article discusses the socio-economic development of countries in integration associations of the North-South and South- South types — the European Union (EU) and Eurasian Economic Union (EAEU). One of the most serious impediments to economic integration is inequality, which associations try to address through special programs and financial mechanisms. The study relies on methods of comparative analysis and modeling. The empirical data were provided by the statistical databases of the World Bank, EU, OECD, Human Development Report and the EAEU Statistical Report. We propose to modify the “center-periphery” model for analysis of socio-economic development of integrated countries, in particular member states of the EU and EAEU. In 2009–2018, eight EU countries improved their positions and the most stable countries in the integration associations are Austria, Germany, Denmark, the Netherlands and Sweden; the least stable countries are Armenia, Greece, Kyrgyzstan, Poland, Romania and Croatia. Despite the long and active financial support to developing countries, there is still a considerable imbalance in socio-economic development of countries within the associations and this imbalance increases during the recession period.
Butorina, O. V. (2011). Evropeyskaya integratsiya [European integration]. Moscow, Russia: Izdatel’skiy dom «Delovaya literatura», 720. (In Russ.)
Wallerstein, I. (2001). Analiz mirovykh sistem i situatsiya v sovremennom mire [World-systems analysis and the situation in the modern world]. Translated by Kudyukina P. M. Saint Petersburg, Russia: Universitetskaya kniga, 416. (In Russ.)
Nureev, R. M. (2008). Ekonomika razvitiya: modeli stanovleniya i modernizatsii rynochnoy ekonomiki [Economics of Development: Models of Emerging Market Economy]. Moscow, Russia: Norma, 367. (In Russ.)
Prebish, R. (1992). Periferiynyy kapitalizm: est’ li emu al’ternativa? [A critique of peripheral capitalism]. Moscow, Russia: ILA RAN, 337. (In Russ.)
Strezhneva, M. V. (2009). Teorii evropeyskoy integratsii [Theories of European Integration]. Vestnik Moskovskogo universiteta. Ser. 25. Mezhdunarodnye otnosheniya i mirovaya politika [Bulletin of Moscow University. Series 25. International relations and world politics], 1, 28–45. (In Russ.)
Udalov, V. S., & Kolobov, O. A. (2011). Sistema «tsentr — periferiya» v sovremennom politicheskom protsesse [The Center — Periphery System in the Contemporary Political Process]. Vestnik Nizhegorodskogo universiteta im. N.I. Lobachevskogo [Vestnik of Lobachevsky University of Nizhni Novgorod], 2 (1), 297–301. (In Russ.)
Tsvetkova, O. V. (2014). Kontseptsii politicheskogo prostranstva: tsentr i periferiya [The Concept of Political Space: the Center and the Periphery]. Vektor nauki TGU [Science vector of Togliatti State University], 1(27), 171–173. (In Russ.)
Acemoglu, D., & Robinson, J. (2012). Why nations fail: The origins of power, prosperity, and poverty. New York: Crown Publishers, 571.
Arrighi, G., Hopkins, T., & Wallerstein, I. (1989). Antisystemic Movements. NY: Verso, 123. Friedmann, J. (1966). Regional Development Policy: A Case Study of Venezuela. MIT Press, 279.
Karmowska, G., & Marciniak, M. (2015). Spatial Diversification of Living Standards in the Former Communist Countries of Central and Eastern Europe and the Balkans. Comparative Economic Research, 18 (4), 123–138.
Krugman, P. (1979). Increasing Returns, Monopolistic Competition and International Trade. Journal of International Hägerstrand Economics, 9 (4), 469–479.
Mazeikaite, G., O’Donoghue, C., & Sologon, D. M. (2019). The Great Recession, financial strain and self-assessed health in Ireland. The European Journal of Health Economics, 20 (4), 579–596.
Mezhevich, N. (2015). The Baltic economic model: some results of the 1990–2015 transformations. Baltic region, 4, 20–37. DOI: 10.5922/2079–8555–2015–4-2
Odoardi, I., & Muratore, F. (2019). The North-South Divergence in Italy during the Great Recession. The Manchester school, 87 (1), 1–23.
Raagmaa, G. (2003). Centre–periphery model explaining the regional development of the informational and transitional society. 43rd congress of the European regional science association (ERSA) Jyväskylä, Finland, August 27–30, 1–31.
Savage, M., Callan, T., & Nolan, B. (2019). The Great Recession, Austerity and Inequality: Lessons from Ireland. Review of Income and Wealth, 65 (2), 312–336.
Solow, R. M. (1999). Neoclassical Growth Theory. North-Holland: Elsevier, 667.
Vernon, R. (1966). International Investment and International Trade in the Product Cycle. The Quarterly Journal of Economics, 80 (2), 190–207.
Wilinski, W. (2019). Changes in the fiscal policy of EU states after the 2008 crisis. International journal of management and economics, 55 (1), 52–65.