scholarly journals System for Measuring the Socio-Economic Sustainability of the Eurasian Economic Union

2021 ◽  
Vol 17 (3) ◽  
pp. 971-986
Author(s):  
Sergey V. Ryazantsev ◽  
Tamara K. Rostovskaya ◽  
Olga A. Zolotareva
Keyword(s):  
Capital Investment ◽  
Growth Index ◽  
Poverty Rate ◽  
High Tech ◽  
Economic Sustainability ◽  
Member States ◽  
Goods And Services ◽  
Eurasian Economic Union ◽  
Life Expectancy At Birth ◽  
Economic Union

Whether applying to individual countries or unions, the comparability of statistical indicators and their compliance with contemporary international initiatives is a serious problem. In particular, analysis of the macroeconomic indicators used for assessing the sustainability of the Eurasian Economic Union (EAEU) countries has shown that they do not reflect the actual situation. In this regard, the creation of a unified system of indicators for determining the socio-economic sustainability of EAEU member states — as well as the EAEU as a whole — becomes an urgent task. Therefore, the present study aims to refine the system for measuring the socio-economic sustainability of the Eurasian space and develop recommendations for the selection of key parameters. By comparing socio-economic sustainability indicators published by international organisations (UNECE, OECD, Eurostat, CIS Statistical Committee) in the context of the development strategies of individual EAEU countries and the Union as a whole, the authors distinguish between basic and extended indicator types. Basic indicators comprise: the annual consolidated budget deficit; general government debt; annualised inflation rate; contribution of high-tech and knowledge-intensive industries to gross domestic product (GDP); contribution of innovative goods and services to total industrial exports; growth index of the proportion of reconstruction and modernisation investment to total capital investment; fertility rate; life expectancy at birth; poverty rate. Extended indicators include: GDP; economic growth; main international trade; external and national balance of payments; social. The applicability and relevance of the proposed system for measuring the socio-economic sustainability of the Eurasian space is confirmed by statistical analysis of EAEU member state data (including correlation analysis). The results showed that the presented system of indicators reflects the actual development of the EAEU countries, contributing to informed decision-making both at the level of the EAEU member states and at the level of the Union as a whole.

Eurasian Economic Union: A sober look

2016 ◽  
pp. 43-60 ◽  
Author(s):  
E. Vinokurov
Keyword(s):  
The State ◽  
Customs Union ◽  
Macroeconomic Policies ◽  
Member States ◽  
Goods And Services ◽  
Eurasian Economic Union ◽  
Ongoing Work ◽  
General Rules ◽  
Economic Union ◽  
Trade And Investment

The paper appraises current progress in establishing the Customs Union and the Eurasian Economic Union (EAEU). Although the progress has slowed down after the initial rapid advancement, the Union is better viewed not as an exception from the general rules of regional economic integration but rather as one of the functioning customs unions with its successes and stumbling blocs. The paper reviews the state of Eurasian institutions, the establishment of the single market of goods and services, the situation with mutual trade and investment flows among the member states, the ongoing work on the liquidation/unification of non-tariff barriers, the problems of the efficient coordination of macroeconomic policies, progress towards establishing an EAEU network of free trade areas with partners around the world, the state of the common labor market, and the dynamics of public opinion on Eurasian integration in the five member states.

The role of standardization as a key Tool of Quality Economics in the development of integration of the Eurasian Economic Union

2019 ◽  
pp. 14-19
Author(s):  
V. V. Okrepilov ◽  
A. G. Gridasov
Keyword(s):  
Economic Integration ◽  
Legal Framework ◽  
Regulatory Framework ◽  
International Standards ◽  
Member States ◽  
Scientific Methods ◽  
Goods And Services ◽  
Eurasian Economic Union ◽  
Economic Union

The presented study examines the experience of forming a regulatory framework for the integration of the Eurasian Economic Union (EAEU) member states through the example of standardization as one of the key tools of quality economics.Aim. The study analyzes the major solutions of the EAEU authorities and member countries aimed at increasing the role of standardization in the economic integration of the Union over five years of its existence.Tasks. The authors identify efficient methods for developing standardization for the integration of the EAEU states as well as the most problematic aspects in this field that need to be taken into account in the qualitative strengthening of the Union’s economy.Methods. This study uses general scientific methods of cognition to examine the activities of the EAEU authorities and member states aimed at creating a system for the economic integration of the Union during a period of its transition from separate national markets towards a single (common) market.Results. Over five years of operation in the field of stadardization, the Eurasian Economic Union has created the necessary organizational and legal framework to ensure the successful development of integration processes. The national legislation on standardization has been modernized with allowance for the harmonization of these laws. In the next five-six years, the development of international standards for 40 technical regulations is expected to be completed, which would create a regulatory framework for unhindered interaction between all participants of the single (common) EAEU market. Conclusions. The analysis of activities in the field of standardization reveals a sufficiently thought-out and coordinated policy of the EAEU states in creating the necessary conditions for overcoming legal and administrative barriers in the movement of goods and services within the common economic space of the EAEU.

scholarly journals Export Development of Belarus

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Maryia Samakhavets ◽  
Olena Hrechyshkina
Keyword(s):  
Statistical Data ◽  
Development Economic ◽  
Service Market ◽  
Member States ◽  
Goods And Services ◽  
Eurasian Economic Union ◽  
Economic Union

AbstractThe paper contains a deep analysis of exports of Belarus and defines the proposals for its development. Economic comparisons and systematisation, which is based on the official statistical data for 2012–2018, are used in the study. It is concluded that Belarus exports have a poor diversification; export development is largely determined by the Eurasian Economic Union (EAEU) integrating processes; export support of innovative goods and evolution of a single service market through the enhanced cooperation are possible. A generalised model for the export development of innovative goods and services of the EAEU member states on a cooperative basis is proposed.

Competitiveness of energy-consuming devices: new requirements in technical regulation for sustainable development

2020 ◽  
Vol 27 (3) ◽  
pp. 11-18
Author(s):  
E.A. Sysoeva ◽  
◽  
T.A. Rozhkova ◽  
Keyword(s):  
Energy Efficiency ◽  
Energy Security ◽  
Positive Impact ◽  
The European Union ◽  
Technical Regulation ◽  
Member States ◽  
Eurasian Economic Union ◽  
Modern Level ◽  
Energy Consuming ◽  
Economic Union

The Eurasian economic Union has adopted the technical regulation «On energy efficiency requirements for energy-consuming devices» (TR EEU 048/2019), which is applied to widely used energy-consuming devices that have a significant share in the energy consumption balance and produce a significant impact on the energy security of the EEU member States. In TR EEU 048/2019 updated quantitative requirements to energy consuming devices, with new, additional requirements for energy efficiency, corresponding to modern level of the development of energy-saving technologies, and harmonization gradually introduced requirements on energy efficiency of energy consuming devices installed in a TR EEU 048/2019, with the requirements of the directives and regulations of the European Union, suggests that energy efficiency in energy-consuming products manufactured in the member States of the Eurasian economic Union, will steadily increase and it should have a positive impact on the competitiveness of energy-consuming goods produced in the territory of the Eurasian economic Union. The introduction of the EAEU TR 048/2019 is an urgent solution for ensuring energy security of the economies and the energies of the member States of the Eurasian economic Union and will promote the promotion of competitive energy-consuming products produced on the territory of the countries of the Eurasian economic Union to the international market and will allow the population to save money on acquisitions of energy efficient energy consuming devices.

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