The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 2/2025. World Economy.
Vladimir Yu. Salamatov
Dr. Sci. (Econ.), Cand. Sci. (Tech.), Professor, Director at the Institute of International Trade and Sustainable Development, MGIMO University, Ministry of Foreign Affairs of Russia, Head of the Department of Commerce and Trade Regulation, Moscow, Russia
ORCID: 0000-0002-6430-640X
Anna V. Tangaeva
Head of the Tariff Barriers and Market Access Department at the Research Center “International Trade and Integration,” Moscow, Russia
ORCID: 0000-0003-3319-2283
Anna A. Zharkova
Specialist at the Research Center “International Trade and Integration”, Moscow, Russia
ORCID: 0009-0006-5860-8555
MEGA-REGIONAL AGREEMENTS IN THE CONTEXT OF WORLD ECONOMIC FRAGMENTATION: EU AND CHINA STRATEGIES
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Amid the transformation of the international economic system, caused by the crisis of global institutions, the rise of regionalization and the politicization of economic relations, mega- regionalism has emerged as a crucial tool in international trade. The authors examine how the EU and China apply mega-regional approaches in their trade policies to enhance their positions in the global economy, using different integration models.
The article explores how the differing strategies of the EU and China reflect their geo-economic priorities, peculiarities and responses to the challenges posed by the fragmentation of the global economy.
Keywords: megaregionalism, fragmentation of the global economy, European Union, China, Belt and Road Initiative (BRI), trade policy.
JEL: F02
EDN: THPCWN
DOI: https://doi.org/10.52180/2073-6487_2025_2_167_184
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Manuscript submission date: 03.03.2025
Manuscript acceptance date: 16.04.2025
For citation:
Salamatov V. Yu., Tangaeva A.V., Zharkova A.A. Mega-Regional agreements in the context of world economic fragmentation: EU and China strategies // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 2. Pp. 167-184. (In Russ.). https://doi.org/10.52180/2073-6487_2025_2_167_184 EDN: THPCWN