Integration processes and global regions

Abstract

This article deals with changes of a spatial structure of the world economy, which has complex and heterogeneous hierarchy. It specifies that multipurpose- ness and complex structuring are becoming global signs of regionalization proc- esses and highlights the enhanced role of regional competitiveness within the context of global transformation. The emphasis is laid upon the objectiveness of the global regionalization process, which characterizes processes of the world economy development whilst global regions are becoming its main system ele- ments. This paper stresses that global regionalization development is reflected through a new global space structure. It suggests a methodic toolbox of compre- hensive assessment of regional integration development processes with due consideration of various aspects (trade, industrial and market integration), which provides for a comparative analysis of global regions` development or of certain integration associations according to the development level of integration proc- esses on the basis of suggested integrated index.