The phenomenon of the trans-regional megaprojects and their influence on the economic integration

N. Yu. Sopilko () and D. A. Potapov ()

RSUH/RGGU BULLETIN. Series Economics. Management. Law, 2023, issue 1

Abstract: The article is about the conceptualization of the trans-regional mega-project phenomenon by the examples of China’s initiative “one Belt – one Road†, the EU “Global Gateway†and Japan “Free and open Indo-Pacific†through the following theoretical approaches: neo-functional integration theory, spatial approach, the concept of global value chains. The neo-functional theory of integration and the phenomenon of “Haas spill-over†are used for assessing the integration potential of trans-regional megaprojects. The main features of the trans-regional megaprojects are distinguished through the comparison of trans-regional partnerships and megaprojects. The influence of trans-regional megaprojects on global value chains is evaluated by the examples of industrial and investment projects implemented within the framework of “one Belt, one Road†, “Global Gateway†and Japan’s Strategy “Free and open Indo-Pacific Region†.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:aca:journl:y:2023:id:449

DOI: 10.28995/2073-6304-2023-1-99-112

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