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International and supranational institutionalized integration. Dr. Truong Thi Kim Chuyen. SUMMARY . In the practice, the basic principles of economic geography has resultes in three main outcomes: Reinforcement of the dominant core-periphery structure of the world economy.
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International and supranational institutionalized integration Dr. Truong Thi Kim Chuyen
SUMMARY • In the practice, the basic principles of economic geography has resultes in three main outcomes: • Reinforcement of the dominant core-periphery structure of the world economy. • Spatial reorganization of production as trade creation and trade diversion affect both member and non-member states. • Creation and intensification of regional polarization as the economies of scale and multipier effects in regions most favoured by integration create backwash effects elsewhere.