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ContactsISSN (Online) 2542-2081 Contacts: Postal address: 11 Pokrovsky Boulevard, Moscow, Russia, 109028 National Research University Higher School of Economics International Organisations Research Journal (IORJ) editors office Actual address: Office 308, 33, Profsoyuznaya street, bld. 4, Moscow, 117418
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Boris Kheyfets1Geopolitical Regionalism and the New REgionalization of the World Economy
2024.
Vol. 19.
No. 4.
P. 7–22
[issue contents]
The article analyzes the role of modern geopolitical fragmentation in the regionalization of the global economic space. The research logic is based on the analysis of changes in the theory of regionalization in connection with tectonic transformations in the world economy and politics. A new stage in the development The article analyzes the role of modern geopolitical fragmentation in the regionalization of the global economic space. Theresearch logic is based on the analysis of changes in the theory of regionalization in connection with tectonic transformationsin the world economy and politics. A new stage in the development of regionalism, which is called geopolitical regionalism,has been identified, and the methodology for identifying types of regionalization of the world economy has been clarified.Types such as traditional regionalization, based on direct contractual formats of economic integration (integration regionalization),which is determined primarily by economic factors, are considered in more detail; regionalization based onmacroregions and subregions (macroregional regionalization), in which the dominant factor is geographic location, andfragmentation caused by political factors (geopolitical fragmentation) and leading to the division of the global economicspace into separate opposing blocs of states. Various methodological approaches to identifying separate geopolitical blocs areconsidered, including the use of a new criterion – geopolitical distance, that shows the degree of foreign policy proximity ordistance between the states included in the analyzed group. Unlike other types of regionalization, geopolitical fragmentationis a serious challenge for the global economy as it leads to the collapse of global ties, a fundamental change in existing globalvalue chains and a weakening of the international regulatory system. This requires constant monitoring of geopolitical fragmentationand analysis of its new manifestations as well as a balanced scientific discussion on this issue
Citation:
Kheyfets B.A. (2024) Geopolitical Regionalism and New Regionalization of the World Economy. InternationalOrganisations Research Journal, vol. 19, no 4, pp. 7–22 (in English).
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