• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
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HOME > Archive > 2022 > Volume 10 Number 4 (Aug. 2022) >
JOEBM 2022 Vol.10(4): 267-271 ISSN: 2301-3567
DOI: 10.18178/joebm.2022.10.4.710

Economic Integration, Its Recent Practical Challenges Encountered and the Solutions Adopted

Roshan Baa

Abstract—As stated in this research article, Regional integration between two countries across this world has been effective measure for them to overcome several divisions that have been imposed on them while doing cross-border trading with goods, services, capital and ideas. This research article has been conducted through a mixed method under which a survey and thematic data analysis has been developed. As per the survey result, it has found that, Companies are mostly benefitted with regional integration process. Moreover, thematic analysis has identified that, developing countries have faced more challenges while implanting economic integration than developed within countries due to additional political pressure and socio-economic aspects. In order to reduce economic integration of refugees, European countries have focuses on Employment ban policy; and for mitigating socio-economic issue, South Asian countries have focused on comprehensive policies.

Index Terms—ASEAN, COVID-19, economic integration, Indo-Pak relation, policies, SAARC, trade balance.

Roshan Baa is with St. Xavier’s College, Ranchi (Ranchi University), India (e-mail: roshansjranchi@gmail.com).

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Cite:Roshan Baa, "Economic Integration, Its Recent Practical Challenges Encountered and the Solutions Adopted," Journal of Economics, Business and Management vol. 10, no. 4, pp. 267-271, 2022.

Copyright © 2022 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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