The impact of regional integration on the developed economies: the EU experience

Authors

  • Natalya Aleksandrovna Spirina The Ural Institute of Management – Yekaterinburg branch of the Russian Presidential Academy of National Economy and Public Administration
  • Olga Mikhailovna Trofimova The Ural Institute of Management – Yekaterinburg branch of the Russian Presidential Academy of National Economy and Public Administration

Keywords:

The European Union, integration, developed countries, integration effects macroeconomic indicators

Abstract

The article deals with the essential features of the development of the leading Euro area countries how integration processes influence the main macroeconomic indicators. Through crossnational analysis, the authors investigate the dynamic and geographical trends of integration and disintegration processes, identify volatility limits of the social and economic indicators in Germany, Britain and France in comparison with the European trends. The results of the analysis prove the discrete nature of the Eurozone expansion with negative effects on the growth of the member countries.

Author Biographies

Natalya Aleksandrovna Spirina, The Ural Institute of Management – Yekaterinburg branch of the Russian Presidential Academy of National Economy and Public Administration

Candidate of Economic Sciences
Place of work, post: The Ural Institute of Management – Yekaterinburg branch of the Russian Presidential Academy of National Economy and Public Administration, Assistant Professor of the economic theory department

Olga Mikhailovna Trofimova, The Ural Institute of Management – Yekaterinburg branch of the Russian Presidential Academy of National Economy and Public Administration

Candidate of Economic Sciences
Place of work, post: The Ural Institute of Management – Yekaterinburg branch of the Russian Presidential Academy of National Economy and Public Administration, Assistant Professor of the economic theory department

Published

2024-02-08

How to Cite

Spirina, N. A., & Trofimova, O. M. (2024). The impact of regional integration on the developed economies: the EU experience. Russian Foreign Economic Journal, (11), 22–35. Retrieved from https://journal.vavt.ru/rfej/article/view/1031

Issue

Section

World economy