scholarly journals Macroeconomic Coordination in the Eurasian Economic Union: Strategic Aspects

2019 ◽  
Vol 7 (3) ◽  
pp. 38-52 ◽  
Author(s):  
Sergey Shokhin ◽  
Ekaterina Kudryashova
Keyword(s):  
Strategic Planning ◽  
Economic Integration ◽  
Best Practice ◽  
Free Movement ◽  
Eurasian Economic Union ◽  
Coordination Process ◽  
Free Movement Of Goods ◽  
Economic Union ◽  
Macroeconomic Coordination ◽  
Free Movement Of Capital

Coordinated macroeconomic policy is a special element within the integration process in addition to the four freedoms usual for economic integration: free movement of goods, free movement of services, free movement of labor, and free movement of capital. Macroeconomic coordination was, from the very beginning, a key idea behind each stage of the process of Eurasian economic integration. The politico-ideological foundation of the Eurasian idea is the facilitation of growth for Eurasian countries on the basis of economic pragmatism. The macroeconomic coordination process within the Eurasian Economic Union is based on the coordination of strategic planning systems in each Member State. Strategic planning plays an important role in macroeconomic coordination. Strategic planning documents have a sound legal basis in the Treaty establishing the Eurasian Economic Union. At the same time Eurasian integration provides a platform for best practice exchanges and coordination of strategic planning between the Member States.

scholarly journals Trade in services of member states of the Eurasian Economic Union

2019 ◽  
Vol 27 (3) ◽  
pp. 587-603
Author(s):  
Kuanysh N. Yelikbaev
Keyword(s):  
Economic Activity ◽  
Internal Market ◽  
Free Movement ◽  
Trade In Services ◽  
Member States ◽  
Eurasian Economic Union ◽  
Labor Power ◽  
Free Movement Of Goods ◽  
Economic Union ◽  
Internal Trade

The Treaty on the Eurasian Economic Union, which became effective since January 1, 2015, establishes the principles and the purposes of integration consolidation and also provides free movement of goods, services, the capital and labor power in the internal market and coordinated, approved, uniform to policy in the designated spheres of economic activity. In the article, the analysis of foreign and internal trade in services in the Eurasian Economic Union is given. The structure and import volume and export of member countries of EAEU are considered. The relevance of a subject is connected with the fact that free movement of services is one of the main directions of integration within the Eurasian Economic Union. As a result of the conducted research, the corresponding conclusions were drawn on leaders in volume among EAEU member countries. Top trends and problems of development of trade in services of member countries are revealed.

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 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
Keyword(s):  
Economic Development ◽  
Economic Integration ◽  
Industrial Production ◽  
Political Agenda ◽  
Regional Economic Integration ◽  
Eurasian Economic Union ◽  
Soviet Space ◽  
Economic Union ◽  
Post Soviet Space

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.

Securitization and the Economy of Risks

2020 ◽  
pp. 1662-1675
Author(s):  
Oxana Karnaukhova
Keyword(s):  
Decision Making ◽  
Economic Integration ◽  
Historical Memory ◽  
European Economic Area ◽  
Way Of Life ◽  
Strategic Risk ◽  
Eurasian Economic Union ◽  
The Common ◽  
Economic Union ◽  
In The Beginning

In the beginning of the 21st century the society of the Second Modernity with incalculable risks marks human conditions in orientation and self-categorization on the basis of historical memory. The dichotomy “We-Other” influences strategic risk decisions. Security is becoming the umbrella topic referring to public goods, transnational markets, “the specific way of life”. In the context of different agreements and regulations co-existence (such as European Economic Area, Eurasian Economic Union, BRIC etc.) claims for personal and collective safety together with the rhetoric of memorization influences decision-making process and becomes a burden of securitization. The “Eurasian” project of integration is observed in its transformation from being based on the post-Soviet memory toward economically beneficial cooperation. Still the Eurasian Economic Union is seen as vague in its goals and instruments, relying on the approach to economic integration with the reference to the common past, memories and identity.

scholarly journals Experience of Economic Integration of Kyrgyzstan within the Framework of the Eurasian Economic Union

2018 ◽  
Author(s):  
Chinara Alamanova
Keyword(s):  
Economic Integration ◽  
Political Support ◽  
Trade Integration ◽  
Integration Policy ◽  
Institutional Integration ◽  
Eurasian Economic Union ◽  
History Of ◽  
Economic Union ◽  
Restrictive Measures ◽  
Positive Results

At present, practically all countries of the world are involved in integration processes. However, at the present stage, the mechanism of integration interaction is not sufficiently regulated, as evidenced by the experience of integration of the countries of the Eurasian Economic Union. The history of various integration groupings, along with regularities, carries in itself essential features of historical uniqueness. This determines the theoretical and practical relevance of the research topic. In the article, the example of Kyrgyzstan explores the experience of the country's integration into an integration association. Practice has revealed not only positive results, but also negative unpredictable consequences. Such experience requires scientific and practical study and will be useful for further improvement of economic integration processes. The abolition of customs control has enabled the development of an illegal flow of goods both to Kyrgyzstan and from Kyrgyzstan. The change in tariffs of the Eurasian Economic Union for third countries may lead to a reduction in multilateral trade. Russia's application of anti-sanctions to individual countries violates the first basic principle of integration: the trade policy of the four members of the Eurasian Economic Union is becoming less coherent. The difficult access of goods due to the application of restrictive measures in relation to the countries of the Eurasian Economic Union is noted. To achieve the integration result, the following conditions are necessary: Conducting a harmonious trade integration policy, Implementation of political (institutional) integration, General political support for integration plans, including by third countries.

scholarly journals Interaction of the Eurasian Economic Union and its member states in the sphere of agriculture

2021 ◽  
Vol 68 (2) ◽  
pp. 491-501
Author(s):  
Mark Entin ◽  
Dmitriy Galushko
Keyword(s):  
Economic Integration ◽  
Agricultural Sector ◽  
International Experience ◽  
Institutional Structure ◽  
Member States ◽  
Eurasian Economic Union ◽  
General Scientific ◽  
Economic Union

The aim of the paper is to consider the international experience of delineating spheres of responsibility of national and supranational regulators in the sphere of agriculture on the example of the Eurasian Economic Union. Used philosophical, general scientific and special methods helped to provide an assessment of the process, which shows that, due to the incompleteness of the process of economic integration, the existing institutional structure of the Union cannot be considered as finalized, and therefore the assignment of certain powers to the Union's bodies is situational, which prevents the formulation of final conclusions on the specifics of delimiting the spheres of responsibility of national and supranational regulators and the boundaries of powers of national regulators in the agricultural sector. The authors concluded that Eurasian Economic Commission's powers and competence in the sphere of agriculture should be expanded in order to achieve aims of the integration entity.

scholarly journals Особенности организационной структуры в интеграционных группах на постсоветском пространстве

2021 ◽  
Vol 5 ◽  
pp. 31-44
Author(s):  
Monika Fiedorczuk ◽  
Keyword(s):  
Comparative Study ◽  
Economic Integration ◽  
Research Methodology ◽  
Organizational Structures ◽  
Eurasian Economic Union ◽  
Article Analysis ◽  
Independent States ◽  
General Scientific ◽  
Economic Union ◽  
Former Ussr

Goal – the main goal of the paper is to compare the institutional structure of the Commonwealth of Independent States, Eurasian Economic Union and the Union State of Belarus and Russia. Research methodology – general scientific dialectical methods of cognition have been used in the article: analysis, synthesis, and deduction. The paper uses the analysis of legal acts of selected integration groups. Score/results – the author concluded that analysed groups have very different organizational structures. The Eurasian Economic Union has the simplest and most effective structure, which is helpful in achieving further steps in economic integration. Originality/value – the article is a comparative study of organizational structures in integration groups in the former USSR and contains author’s generalizations and conclusions. The paper is original, not previously published.

Eurasian Union will be economic not political block

2015 ◽  
Keyword(s):  
Political Influence ◽  
Customs Union ◽  
The West ◽  
Single Currency ◽  
Content Type ◽  
Eurasian Economic Union ◽  
Economic Slowdown ◽  
Free Movement Of Goods ◽  
Economic Union ◽  
Capital Services

Subject Russia and the Eurasian Economic Union Significance The Eurasian Economic Union (EEU) came into effect in January 2015, replacing a customs union. The EEU is an attempt to integrate the economies of Armenia, Belarus, Kazakhstan and Russia -- with Kyrgyzstan set to join in May -- into a single market of 175 million people with a combined GDP of 2.4 trillion dollars. Supranational and intergovernmental institutions are intended to ensure the free movement of goods, capital, services and people within the union, which also foresees common transport, agriculture and energy policies, a single currency, and closer future integration. Impacts Following Crimea's annexation, the EEU is increasingly seen by skeptics as a Russian attempt to grow its political influence in Eurasia. Kazakhstan will continue to develop strong relations with China and the West despite being an EEU member. Russia's economic slowdown may have serious consequences for remittance payments back to other EEU member countries.

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