Integration processes

Translated from the Latin "integration" means a merger, the connection of individual parts into a whole, common, single. The general definition of the term can be formulated as an association, rapprochement or merging of parts, forming a common, whole, but at the same time maintaining its identity. integration processesCountries can converge, forming at the same time various unions, for example, trade, economic, political, cultural, and so on, thereby preserving their national identity. The main goal of integration can be called the expansion of the volumes of goods and services that are based on effective support of activities, for example, integration processes in trade.

trade integration processesIntegration also includes in its definition processes and phenomena in various areas of society and the state: political, cultural, economic and others. Integration processes in the modern world are examples of movement, development of a certain system in which the participants ’connection becomes stronger, and their independence decreases, new forms of interaction begin to appear. Both earlier and now, in the era of modern technologies, integration processes are accompanied by significant progress in science, economics, culture, and even politics.

The development of such processes in the modern world at the micro and macro levels is the most important sign of integration. At the micro level, integration occurs through the interaction of funds of individual companies and enterprises through the formation of economic agreements, transactions and contracts between them, through the creation of branches in other countries. Integration processes can also be created in other areas besides economic. At the macro level, integration is global and regional. It is based on the development of the world market, production and communications.integration processes in the modern world

In the modern world in the economic sphere there are several forms and types of integration processes. One of the simplest forms is the free trade zone. In such a zone, various trade restrictions between countries participating in the union are abolished, and trade duties are also removed. The second form can be called a customs union. In addition to the free trade zone, it also establishes a foreign trade tariff, which is the same for everyone, and conducts foreign trade policies in relation to other countries.

The third, more complex form of the integration process is the common market. It provides members of the union with free mutual trade, and a single foreign trade tariff, freedom of movement of labor and, accordingly, capital, as well as coordination of economic policies. And finally, the highest form of interstate integration in the field of economics is an economic and monetary union that combines all the above forms of integration. At this stage there is political integration with its single governing bodies.

Along with integration processes, special associations emerge, a feature of which is their successful development at the level of regional significance.

Print Friendly, PDF & Email
Loading ...

Add a comment

Your e-mail will not be published. Required fields are marked *