Strategies for Deeper Integration: Case Study of the Baltics

22 Pages Posted: 26 Dec 2012

See all articles by Audrė Bičiūnaitė

Audrė Bičiūnaitė

Euromonitor International

Povilas Lastauskas

Center for Excellence in Finance and Economic Research; Vilnius University

Date Written: December 25, 2012

Abstract

When we talk about international integration, trade and investment, the it’s-all-about-geographic-proximity is a tempting argument to make. While the importance of geographic closeness cannot be denied, empirical evidence suggests existence of other, perhaps equally significant factors that bring countries closer together. The aim of this paper is to sketch some light on an often overlooked aspect of international integration, recently introduced as the ‘new regionalism’ paradigm. Based on the proposed ‘mentoring’ and ‘the training ground’ concepts we analyze such integration within the Baltic Sea region, suggesting an alternative approach to international economic convergence.

Keywords: Mentoring, Economic Integration, Gravity, Baltics

JEL Classification: F15, F20, C30

Suggested Citation

Bičiūnaitė, Audrė and Lastauskas, Povilas, Strategies for Deeper Integration: Case Study of the Baltics (December 25, 2012). Available at SSRN: https://ssrn.com/abstract=2193691 or http://dx.doi.org/10.2139/ssrn.2193691

Audrė Bičiūnaitė

Euromonitor International ( email )

Povilas Lastauskas (Contact Author)

Center for Excellence in Finance and Economic Research ( email )

Totoriu g. 4
Vilnius, LT-01121
Lithuania

HOME PAGE: http://www.lb.lt/cefer

Vilnius University ( email )

Lithuania

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