An empirical note on regionalization and globalization
Abstract
Purpose
Is it regionalization or globalization that more accurately depicts the state of the global economy? Exports and foreign direct investments (FDI) data are analyzed with the aim of answering the question and determining how intra‐ and inter‐regional integration has changed over time.
Design/methodology/approach
To address the research questions, this paper covers the following. First, it takes a longitudinal perspective in examining the changes taking place in exports and FDI at the regional level. Second, it draws strategic business and marketing implications of this development.
Findings
The results show a trend toward regionalization in the Quad (North America, Western Europe, Asia, and Latin America), especially with respect to exports data.
Originality/value
Findings, strategic implications, and directions for future research are presented.
Keywords
Citation
Akhter, S.H. and Beno, C. (2011), "An empirical note on regionalization and globalization", Multinational Business Review, Vol. 19 No. 1, pp. 26-35. https://doi.org/10.1108/15253831111126721
Publisher
:Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited