Cross-border M&A vs. greenfield FDI: Economic integration and its welfare impact

2009 ◽  
Vol 31 (1) ◽  
pp. 87-101 ◽  
Author(s):  
Young-Han Kim
Author(s):  
I. Aloshyna

The study considers the essence and effects of economic integration on the Euro zone banking sector. The study explains that the intensification of economic integration of European countries provides a competitive environment for banks. The results found that the integration at the macro level increases the international competitiveness of the banking sector by creating a more transparent single secure market and increasing its capacity through the application of common rules and administrative standards for banking supervision and resolution, and on the meso- and micro levels increases the international competitiveness of banking institutions by increasing efficiency and profitability by increasing the volume of cross-border banking activities within the Euro zone. The conclusions suggest the main instruments of ECB’s monetary policy have a positive impact on improving the competitiveness of the banking sector by removing barriers to cross-border competition. Such instruments helped to create a large and transparent capital market, increase banking sector competitiveness by intensifying competition and efficiency of banks.


1998 ◽  
Vol 19 ◽  
pp. 71-96 ◽  
Author(s):  
Chris Rumford

Since the Customs Union came into effect on 1 January 1996, Turkey has effectively become part of the European Union's single market. This high degree of economic integration has not been matched in the sphere of political and social integration. Turkey was omitted from a list of countries with which accession negotiations began in March 1998, and the Cardiff European Council of May 1998 confirmed Turkey's marginalization from the current process of enlargement.


2006 ◽  
Vol 55 (4) ◽  
pp. 911-928 ◽  
Author(s):  
Richard Frimpong Oppong

Private international law deals with problems that arise when transactions or claims involve a foreign element. Such problems are most frequent in a setting that allows for the growth of international relationships, be they commercial or personal. Economic integration provides such a setting and allows for the free movement of persons, goods, services and capital across national boundaries. The facilitation of factor mobility resulting from economic integration and the concomitant growth in international relationships results in problems which call for resolution using the tools of private international law. An economic community cannot function solely on the basis of economic rules; attention must also be paid to the rules for settling cross-border disputes. Consequently, considerable attention is given to the subject within the European Union (EU)1 and other economic communities.2


Author(s):  
Mavidkhaan Baasandulam

Earth is continents, seas, the developing countries, the developed countries, the centers and the borders is the One Belt-One Road initiative. On the other hand, the Sea “Silk Road” is called the “Economic Belt of the Silk Road” as a way of “New Belt and Road” for China's new long-term development strategy. "Silk Road" refers to the ancient land-based commercial trade route that originated in ancient China and connected to Asia, Africa and Europe.In order to benefit from the “Economic Belt of the Silk Road” initiative, China has partnered with other Asian countries and created two important financial development institutions, the Asian Infrastructure Investment Bank and the Silk Road Fund.The main objective of the initiative is to create an Eurasian trade economic integration space and cross-border transport corridors, that is, to strengthen the links between government policies and national development strategies along the route, promote international cooperation, and promote the development of joint ventures. For this purpose, the following tasks have been set: 1. Development of regional economic integration method; 2. Create an integrated transportation design for Asian transportation, connect communication networks, and develop pipeline systems; 3. Switch back to investment and trade barriers and create a good investment environment; 4.Strengthen national currency; 5.Deepening cooperation in the humanitarian field; 6.Expanding China's exports and domestic power growth will be concentrated in the western provinces (steel, lead, photovoltaic equipment, wind turbines).The “One Belt and One Road” is a new starting point for China-global relations and human development. Utilize the geographical advantages of Mongolia, China and Russia to increase cross-border trade between Mongolia, Russia and China, creating opportunities for logistics and transportation. China is one of the Mongolia's largest sources of foreign direct investment and is seen as a huge market for Mongolia to provide services and products.Mongolia hopes to unite its “Steppe Road” initiative with China’s “One Belt and One Road” initiative. The goal of the “Steppe Road” initiative aims to expand the Mongolian economy through cross-border transportation, strengthen the road line connecting Russia and China, transform and extend the current railway line in Mongolia, and build oil and gas between Russia and China. The pipeline improves the infrastructure of Mongolia. Mongolia and other Asian countries are actively participating in the “One Belt and One Road” initiative implemented in China to reduce risks and threats and gain new opportunities and advantages in regional cooperation.


2019 ◽  
Vol 1 (2) ◽  
pp. 9-16
Author(s):  
Yanhong LI

Cross-border e-commerce is based on the Internet, and the traditional way of international trade is distinct. Under the development trend of global economic integration, cross-border e-commerce is facing a new opportunity for development. Although there are many differences between cross-border e-commerce and traditional transactions, they still face common problems in cross-border transactions. This paper mainly discusses the impact of cross-border e-commerce on China's foreign trade and the current development of cross-border e-commerce, especially the shortage and training of cross-border e-commerce complex talents, which aims to promote the vigorous and smooth development of cross-border e-commerce in China.


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