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The cooperation effect creation scheme (CEC-Scheme)

Author

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  • Mario Arturo Ruiz Estrada

    (Asia-Europe Institute (AEI), University of Malaya, Kuala Lumpur,Malaysia)

Abstract

The objective of this research paper is to present a suitable scheme of regional integration which can be applied between developing countries and less developed countries. This new scheme is called the Cooperation Effect Creation Scheme (CEC-Scheme). The CEC-Scheme demonstrates the basic conditions for regionalism to succeed in any form, whether open (free trade area) or closed (customs union), between developing countries and less developed countries. This paper proposes that implementation of the CEC-Scheme will facilitate the fulfilment of successful regionalism between developing and less developed countries. The CEC-Scheme will generate the cooperative creating effect within the same regional bloc. In turn, the cooperative creating effect will generate the intraregional trade creating effect in the short term and the interregional trade creating effect in the medium term, which facilitate the growth of regionalism between developing countries and less developed countries

Suggested Citation

  • Mario Arturo Ruiz Estrada, 2005. "The cooperation effect creation scheme (CEC-Scheme)," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 12(1), pages 31-51, June.
    • Handle: RePEc:unt:jnapdj:v:12:y:2005:i:1:p:31-51
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    References listed on IDEAS

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    Cited by:

    1. Ruiz estrada, M.A., 2012. "The Application of the Multi-Level Investment Flows Monitoring Model (MIF-Model) on china and ASEAN," MPRA Paper 40653, University Library of Munich, Germany.

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    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

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