At a time of global economic crisis, regional integration has become a competitive issue for politics and business alike. Europe remains the most advanced form of regional economic integration in the world, with a vast historical and contemporary experience of good and bad practices. The EU construct continues to serve as a model to many less stable regions in the world, for peace-keeping, outreach and neighbourhood policies – and thus, for the management of complexity.
In the past three years or more, we have seen a dynamic trend towards free trade negotiations and agreements. After many years of hesitation, both the EU and the US have come to realise that their system of regionalising the world may work even better if they themselves, mutually and reciprocally, open trade and unite forces further. With the European belief in economic and political integration, and the US focus on reclaiming global economic status, such a free trade agreement has huge potential. But close attention needs to be given to this multi-polarity, which goes hand-in-hand with a complexity that may result in tricky legal and economic overlaps.
The respondent in this session will be Kirsten Sayers, who has been Australia’s Senior Trade & Investment Commissioner to Singapore at the Australian Trade Commission (Austrade), among other diplomatic and international business, trade and strategy roles.
Gabriele Suder teaches and advises on internationalisation (strategy, entry modes, location and the political economy) and is specialised in market integration and regionalisation. She is particularly well known for her ‘Doing Business in Europe’ specialisation, distinguished by the European Union, the United Nations (UNCTAD) and others. She is a visiting fellow at leading business schools at universities including the Australian National University (ANUCES) and Aalto University, and works also for ESCP Europe, GGS and other leading universities. She is author of numerous international business books, which have won several book awards.
To view the flyer for this event please see: The Interplay of Regionalism and International Business.