RUDN Journal of Economics (Mar 2009)

Regionalization in terms of globalization: competitiveness factors of Central and East European countries

  • I A Umerova

Journal volume & issue
Vol. 0, no. 1
pp. 52 – 59

Abstract

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In the modern world economy regional integration is the mutually advantageous form of economic cooperation for the countries with different level of social and economic development. External economic links (and first of all trading ones) are the factors of EU regional unity and development. EU membership influence positively on the economy of all new member countries of the Union (Central and East European countries). It is reflected in the dynamics of the majority of economic indicators. The article is devoted to the analysis of competitiveness factors of these countries. Positive experience of mutual trade development in the EU can be used in our country in connection with the intentions of Russia and other CIS countries to create common free market zone on the post-Soviet territory.

Keywords