Finding the growth rate during formation of South American community of Nations

Authors

  • R. T. Dalimov Department of Economics, National University of Uzbekistan, Uzbekistan. Author

Keywords:

Modelling international economic integration, growth rate of the GDP, Latin American economic integration.

Abstract

This article considers computation technique of the growth rate during formation of South American
Community of Nations. Found values of growth are compared with the ones previously computed for
Mexico and Canada under the formation of NAFTA in 1994, and much higher to the ones observed under
formation of the EurAzEC in 2000 and the 2004 EU expansion. The method of computing the rate of
growth in cases of economic integration requires statistics of the value added of sectors and domestic
savings rates of member states willing to be economically integrated.

Downloads

Published

2018-07-01

Issue

Vol. 5 No. 1 (2018): 2018

Section

Articles

How to Cite

Finding the growth rate during formation of South American community of Nations. (2018). African Journal of Geography and Regional Planning, 5(1), 1-12. https://ijpp.org/journal/index.php/AJGRP/article/view/395