Implementation of U.S. Global Goals: Continental Integration Context

• Main Authors: Yaroslava Stolyarchuk, Andrii Svetlov
• Format: Article
• Language: English
• Published: Kyiv National Economic University named after Vadym Hetman 2013-02-01
• Series: International Economic Policy
• Subjects: U.S. global goals; regional economic integration; U.S. Pan-American integration strategy transformation; NAFTA; FTAA; trade and investment regimes liberalization; free trade
• Online Access: http://iepjournal.com/journals_eng/18/2013_2_Stolyarchuk_eng.pdf

The article provides efficiency assessment regarding existing mechanisms of the U.S. national interests’ implementation at the global level in terms of international competition aggravation and formation of the new global economic competition centers. Based on comparative analysis of the leverage for U.S. leadership in global competition it has been proven that currently the highest efficiency is demonstrated by the integration strategies of the USA in Latin America focused on maximizing implementation of the economic interests of U.S. transnational corporations in the region. It has been proven that the observed profound asymmetries regarding socio-economic development of the North and Latin America countries objectively requires implementation of the effective institutional mechanisms for leveling the negative effects generated by the trade and investment liberalization processes.