scholarly journals Putin's and Russian-led Eurasian Economic Union: A hybrid half-economics and half-political “Janus Bifrons”

2018 ◽  
Vol 9 (1) ◽  
pp. 52-60 ◽  
Author(s):  
Bruno S. Sergi

The Eurasian Economic Union is an institution formalized in January 2015 for the purpose of regional economic integration; it includes five countries: Russia, Kazakhstan, Belarus, Armenia, and Kyrgyzstan, and may include Mongolia and Tajikistan in the future. With a GDP of $1.59 trillion in 2015, an industrial production of $1.3 trillion in 2014, and population of almost 200 million as of 2016, the EEAU could represent a geopolitical success that supports both Putin's ambitious political agenda and the Union's economic prospects. Although the efforts of this Union are ongoing and long-term success is not certain, the Russia-led Eurasian Economic Union can be considered a hybrid half-economics and half-political “Janus Bifrons” that serves as a powerful illustration of what Putin envisions for the post-Soviet space. Despite promising steps so far, more should be done toward the achievement of economic development and balanced opportunity for all Eurasian countries. Russia's longstanding role within the Union, as well as its power and political motivations, are all considerations that must be accounted for.

2016 ◽  
Vol 60 (4) ◽  
pp. 61-69
Author(s):  
M. Golovnin ◽  
A. Zakharov ◽  
D. Ushkalova

Authors examine economic effects of regional integration in the emerging markets, impact of globalization on economic integration and existing models of economic integration in different regions of the world in order to distinguish key characteristics of efficient model of integration at the post-Soviet space. In particular, authors distinguish the significance of various static and dynamic effects of economic integration for emerging markets and make a conclusion on the rising importance of dynamic effects. It is proved that positive economic effects of integration could be more evident for the emerging markets than for the developed ones. On the basis of a detailed analysis of specific features of economic integration projects in different regions of the world, a conclusion is drawn on key importance for emerging markets of such formats of economic integration that directly contribute to economic development (infrastructure development projects, creation of growth poles, formation of scientific and technological potential, etc.). In the context of globalization the strengthening of cooperation in investment sphere, the implementation of integration projects on financial markets, the creation of common defensive mechanisms against external shocks are of particular significance for economic integration processes. Basing on the undertaken analysis, the main principles of efficient model of integration in the Eurasian Economic Union are outlined and the key terms of realization of this model are defined. First of all, an efficient model of integration in the Eurasian Economic Union should be formed in contest of interaction between this union, at the one hand, and European and Asian integration centers, at the other hand. Then, integration mechanisms should extend beyond traditional schemes of integration and include different types of agreements (on preferential investment, financial integration and cooperation), sectoral cooperation projects, common policies, etc. Formation of single humanitarian, scientific and innovation environment should become the key element of the integration model of the Eurasian Economic Union. Acknowledgements. The article has been supported by a grant of the Russian Fund for Humanities.Project No. 13-33-11120.


2021 ◽  
pp. 33-74
Author(s):  
Marina Lvovna Vartanova

The chapter "National Priorities and Prospects for the Development of the Eurasian Economic Integration" is devoted to such issues as modern integration processes and prospects for the socio-economic development of the countries of the Eurasian Economic Union. The author describes the trends, problems, and contradictions of integration processes, and substantiates proposals for improving the effectiveness of building a new integration association in the post-Soviet space. A very positive impression on the reader is made by the thoroughness, the fundamental nature of the work under consideration, and the author's coverage of numerous aspects of the complex and acutely topical problem of the current state of the Eurasian Economic Union. This chapter will also be of undoubted and considerable benefit to all those who are interested in the problems of the formation of the Eurasian Economic Union.


2021 ◽  
Vol 15 (3) ◽  
pp. 22-34
Author(s):  
M. I. Krotov

The article examines the reasons for the collapse of the USSR and the signing of the Belovezhskiye Agreements. The thirty-year experience of Eurasian integration in the post-Soviet space is summarized. There is an analysis of role of the Commonwealth of Independent States in the processes of regional economic integration carried out in the last decade of 20th century, in the context of the separation of the post-Soviet republics. It is shown that the members which are states of the Eurasian Economic Union and the Collective Security Treaty Organization fully fulfill the obligations assumed within the framework of the Belovezhskaya Agreements upon secession from the USSR. The article reveals the objective conditionality of the participation of the CIS countries in anti-Russian, pseudo-European projects by a policy of different directions. New economic priorities of Eurasian integration, institutional problems and prospects of the Eurasian Economic Union are investigated.


2021 ◽  
pp. 193-232
Author(s):  
Andrei Suzdaltsev

The article is devoted to comparing the policies of the Belarusian leadership in the Eurasian Economic Union (EAEU) and the Union State of Belarus and Russia. The author notes that at present the official Minsk considers the acquisition of integration preferences and subsidies and obtaining privileged access to the resources and markets of Russia and Kazakhstan as its main goal in economic integration projects in the post-Soviet space. At the same time, the Belarusian leadership is striving to slow down the process of connecting the economies of the countries participating in Eurasian integration. It is shown that since 2010 the Republic of Belarus has effectively used its participation in two integration projects that complement each other in the field of economic integration. Periodically, Minsk used the EAEU as an additional platform for dialogue with Moscow to receive Russian subsidies. At the same time, using the disagreements between the EAEU member states, President of the Republic of Belarus A. Lukashenko has repeatedly tried to resolve issues arising in the framework of Eurasian integration in his favor. The creation of temporary coalitions by Belarus with Kazakhstan, Kyrgyzstan and Armenia helped to block Russia’s proposal to introduce a single EAEU currency in 2014-2015. Currently, official Minsk expects to keep the EAEU in the format of a sponsor of the Belarusian economy, but is still not ready to deepen integration within the framework of the Eurasian integration project. The Belarusian leadership expects that the policy of balancing between the EAEU and the Union State will allow the republic to continue to receive and increase resource and financial support from the Russian Federation.


2017 ◽  
Vol 42 (1) ◽  
pp. 50-72 ◽  
Author(s):  
Maksim Karliuk

The Eurasian Economic Union (eaeu) is a regional organization for economic integration in the post-Soviet space. Following the limited success of previous integration attempts, the organization aims to pursue deeper integration, borrowing features from the European Union. The eaeu has at its disposal a complex system of elements that make up a newly emerged legal order. This paper analyzes how these elements compare to those of the eu in order to determine how the legal changes that accompanied the creation of the eaeu affect its functioning and whether its legal order can be considered efficient compared to that of the eu. This article argues that the eaeu lags behind the eu both in terms of the autonomy of its legal order and in its ability to ensure the effective functioning of the organization. The eaeu’s supranational features are limited, as it relies predominantly on intergovernmental elements with a view to preserving the interests of all of its member states.


Author(s):  
U.S. ALIYEV

In the context of the formation of a new world order, there is a need to make changes to the development strategy of the Eurasian Economic Union and, even more broadly, integration processes in the post-Soviet space. These changes should take into account the changes taking place in the world, the emergence of new properties of world politics, which are often generically called turbulence. The components of turbulence are conflictness and uncertainty, but this is not the whole list, there are other components. On the example of the Transnistrian conflict settlement, it is shown that success in this process is possible if we are not confined to the conflict itself, but we act on the basis of Russias and the European Unions mutual desire to reduce conflictness in the world and in the European region. Uncertainties can be contrasted with the emergence of military-political factor as the leading one of Eurasian integration in the form of rapprochement and the gradual merger of the Eurasian Economic Union and the Collective Security Treaty Organization.


2021 ◽  
Vol 1 ◽  
pp. 21-25
Author(s):  
Valeriy F. Lapshin ◽  
◽  
Nadezhda V. Kuznetsova ◽  

Тhe subject of this research is the international normative acts concluded in connection with the creation of interstate unions and associations in the post-Soviet space. Attention is drawn to the active development of regulatory legislation on the specifics of economic relations between representatives of the union states, in the complete absence of any processes of unification of national criminal law in the field of foreign economic activity. The emerging situation can significantly complicate the implementation of international foreign economic cooperation, despite the membership of states in the Eurasian Economic Union (hereinafter — the EAEU). In this regard, it is concluded that it is necessary to develop a unified EAEU normative act that defines the specifics of establishing and implementing responsibility for committing foreign economic crimes, as well as the appropriate unification of the national criminal laws of the EAEU member states.


2021 ◽  
Author(s):  
Jusup Pirimbaev ◽  
Anara Kamalova

The Organization of the Eurasian Economic Union (EAEU) is the first real attempt to conduct integration processes in the post-soviet space among several states. However, the question of its expansion at the expense of other states remains open, as well as the further deepening of relations within the Union and the improvement of the mechanisms for integrating the economies of the member states. In this regard, the analysis of the state of economic relations is carried out and the ways of solving some aspects of the coming period are shown. The main idea of solving the problems of the Union is the gradual and effective development of standards for economic relations.


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