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Institutions and mechanism of regional integration in the South Central Coast

Nguyen Quoc Toan 1, *
  1. Banking University of Ho Chi Minh City
Correspondence to: Nguyen Quoc Toan, Banking University of Ho Chi Minh City. Email: [email protected].
Volume & Issue: Vol. 2 No. 2 (2018) | Page No.: 21-30 | DOI: 10.32508/stdjelm.v2i2.509
Published: 2018-12-31

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Copyright The Author(s) 2018. This article is published with open access by Vietnam National University, Ho Chi Minh city, Vietnam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited. 

Abstract

The regional integration is a relatively complex social phenomenon that requires a variety of theoretical frameworks/approaches. The paper proposes and analyzes the framework for assessing the role and level of regional integration in economic development in the South Central Coast. The results of the study show that the level of regional integration is not tight and of mere formality as the cost of regional integration is higher than the benefits and the institution of regional coordination has not been effective. These result in the fact that the role of regional integration in promoting economic spillovers and enhancing competitiveness . is not commensurate with expectations. Through the analysis, the paper proposes some guidelines to enhance the role and increase the level of regional connectivity in the South Central Coast in the future.

 

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