International and supranational institutionalized integration

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International and supranational institutionalized
integration

• Dr. Truong Thi Kim Chuyen

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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.