Concept information
Preferred term
regional integration
Definition
- Regional integration is an arrangement between nation states to cooperate in some comprehensive way for their mutual benefit. The term usually applies to neighboring states, and it usually entails a series of agreements to benefit the well-being of the region—for example, by promoting free trade, enabling easier flow of financial transactions, implementing uniform environmental and other legal standards, and allowing easier travel within the region. [Source: Encyclopedia of Business in Today's World; Regional Integration]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/regional_integration
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