The Disintegration Processes in the World Economy – Economic and Political Aspects Cover Image

Procesy dezintegracji w gospodarce światowej – aspekty ekonomiczne i polityczne
The Disintegration Processes in the World Economy – Economic and Political Aspects

Author(s): Kazimierz Starzyk
Subject(s): Economy, Supranational / Global Economy, Economic policy, International relations/trade
Published by: Oficyna Wydawnicza KA AFM
Keywords: trade policy; disintegration; economic opening; economic efficiency; Brexit;

Summary/Abstract: The process of disintegration, leading to the collapse of international trade and production ties, brings with it a decrease in economic efficiency as manifested in a decrease in GDP, a slowdown in technological changes, internal and external imbalances, a decrease in international competitiveness of the economy and, as a result, a decrease in wellfare. The aim of the article is to define the essence of economic disintegration in the light of the theory of international economics and selected disintegration experiences, bearing in mind the outcomes for potential future such processes. In the paper, against the background of theoretical considerations concerning disintegration, three models of disintegration are distinguished, which are related to the modern world economy – the model of a disintegration caused by political reasons (example of the CMEA); the model of gradual disintegration presented in the context of market transformation processes (the split of Czechoslovakia); the exit from an integration grouping model, considered in the context of implications for European cooperation and the world economy (Brexit).

  • Issue Year: XVI/2019
  • Issue No: 2
  • Page Range: 109-117
  • Page Count: 10
  • Language: Polish