Master MIB: Regional Economic Integration

EENI- School of International Business

The State of the World. Civilisations, religions, and economic integration.

The main objective of module five of the Master Executive in International Business (MIB) is to know the state of the World: trade blocks, trends in regional economic integration, emerging countries (BRICS), or the emergence of the African continent. EENI has developed a unique methodology of analysis of the State of the World based on the concept of “Civilisations, Religions, and Regional Economic Integration.” Despite the phenomenon of globalisation, businesses also tend to be regionalised.

Analysing the role of civilisations - religions in a globalised world; we can identify eight major economic - religious areas, each area, can be formed by one or more distinct economic areas.

Civilisations and Economic Integration

1- Western Christian Civilisation. Christianity (Catholicism and Protestantism) is the largest religion. In the Western Civilisation, three different economic areas are identified:

  1. American, divided into the North American Economic Area (with the United States as the Central State), the Latin American (Brazil -BRICS country- is the Central State) and the Caribbean.
  2. European, with Germany as the Central State.
  3. Oceania

2- Islamic Civilisation. Islam (Sunni and Shiite) is the largest religion. In the Islamic civilisation, five different economic areas are identified.

  1. Arab, with Saudi Arabia as the Central State
  2. Central Eurasian. Turkey, Iran, and Pakistan are competing to be the central state.
  3. Malay, formed by ASEAN Muslim countries.
  4. Maghrebian (shared with African Civilisation)
  5. African (belonging to the African Civilisation)

3- African Civilisation. Islam and Christianity (besides animism) are the main religions in Africa. Nigeria and/or South Africa (BRICS country) are the Central States. In the African Civilisation, five different economic areas are identified:

  1. West African
  2. Central African
  3. Southern African
  4. East African
  5. Maghrebian (Islamic Civilisation)

4- Economic Area of ​​the Hindu Civilisation. Hinduism is the largest religion, India is the central state and a BRICS country.

5- Economic Area of ​​Sinic Civilisation. Buddhism, Confucianism, and Taoism are the main religions. China (BRICS country) is the Central State. The area of ​​influence of this civilisation includes Vietnam, South Korea, Taiwan, Singapore.

6- Economic Area the Buddhist Civilisation, where Buddhism (Mahayana, Theravada) is the main religion. This economic area consists of Burma, Cambodia, Laos, Sri Lanka, Thailand. In some countries; it coincides with the Sinic Civilisation.

7- Economic Area of ​​the Orthodox Civilisation, where Orthodox Christianity is the main religion. Russia (BRICS country) is the Central State. This economic area includes Armenia, Belarus, Georgia, or Serbia.

8- Japanese Civilisation. Japan is the only country of this civilisation.

Map Civilisations and integration

For each of these eighteen economic areas; we will analyse:

  1. Characteristics of each economic area
  2. Economic Profile of the largest countries.
  3. The main processes of economic integration
  4. Principles, ethical basis and its relationship with business of each religion.
  5. The main regional economic organisations.
  6. Profiles of businesspeople.
  7. Interactions with other economic areas (FTAs)

It is important to note that due to the introductory character of this module, for each of these topics included (organisations, religions, businesspeople, Free Trade Agreements...) we will introduce only a summary of each of them, the in-depth analysis of each of them is done in other master and Doctoral programs. For example, the South Asian Association for Regional Cooperation (SAARC) is an agreement between three civilisations - Buddhist, Hindu, and Islamic; the summary of the SAARC is approximately 3 pages, while detailed analysis is 56 pages.

This new approach to study the economic relations between civilisations will help students to understand the state of the World better.

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