Strategies for Deeper Integration: Case Study of the Baltics
22 Pages Posted: 26 Dec 2012
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: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
What If the UK Had Joined the Euro in 1999? An Empirical Evaluation Using a Global VAR
By M. Hashem Pesaran, Ron Smith, ...
-
Identification of New Keynesian Phillips Curves from a Global Perspective
By Stephane Dees, M. Hashem Pesaran, ...
-
Identification of New Keynesian Phillips Curves from a Global Perspective
By Stephane Dees, M. Hashem Pesaran, ...
-
Forecasting Economic and Financial Variables with Global VARs
By M. Hashem Pesaran, L. Vanessa Smith, ...
-
Macroeconometric Modelling with a Global Perspective
By M. Hashem Pesaran and Ron Smith
-
Long Run Macroeconomic Relations in the Global Economy
By Stephane Dees, Sean Holly, ...
-
Long Run Macroeconomic Relations in the Global Economy
By M. Hashem Pesaran, Sean Holly, ...
-
Long Run Macroeconomic Relations in the Global Economy
By Stephane Dees, Sean Holly, ...
-
Econometric Analysis of Structural Systems with Permanent and Transitory Shocks
By Adrian Pagan and M. Hashem Pesaran