National priorities and prospects for the development of the Eurasian Economic Integration

Soviet Space ◽

Positive Impression ◽

Economic Union ◽

Considerable Benefit

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.

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

Journal of Eurasian Studies ◽

10.1016/j.euras.2017.12.005 ◽

2018 ◽

Vol 9 (1) ◽

pp. 52-60 ◽

Cited By ~ 12

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 ◽

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.

Russia and the Eurasian economic Union: a comparative analysis of the sectoral structure of the economy and industrial policy

The Eurasian Scientific Journal ◽

10.15862/53ecvn119 ◽

2019 ◽

Vol 11 (1) ◽

Author(s):

Valentina Dorzhieva

Keyword(s):

Economic Development ◽

Industrial Policy ◽

Economic Integration ◽

Member States ◽

Mutual Trade ◽

Sectoral Structure ◽

Eurasian Economic Union ◽

Economic Union ◽

National Economies

The main objectives of the Eurasian economic Union (EAEU), as an international economic integration, are to increase the sustainability of socio-economic development and competitiveness of industrial complexes of the member States on the basis of the formation of a new model of development and implementation of a coordinated industrial policy. The main feature of the EAEU is the clear dominance of Russia in a number of indicators, including population, GDP, industrial production, exports and imports, mutual trade, and investment. It is proved that the considered economic integration as a whole led to the change after a long-term decline in the negative dynamics of GDP to positive according to official statistics and analytical reports of international organizations for the period 2013–2018 at the expense of a coordinated industrial policy. Namely, industrial policy determines the vector of modernization of national economies and regulates the volume and sectoral structure of GDP. The features and tools of industrial policy strategies implementation are revealed. In accordance with the classification of industrial development strategies adopted by the UN conference on trade and development (UNCTAD), the article defines the types and tools of applied industrial policy strategies in the EAEU member States. The results of cross-country comparisons of the main macroeconomic indicators show that the structure of national economies and the level of socio-economic development of the EAEU member States are uneven and differ significantly. At the same time, the structure of the national economy of Russia does not meet modern challenges in comparison with such developed countries as the USA and Germany. A special role in the EAEU is played by mutual trade, demonstrating much greater resistance to crisis processes, and foreign trade with third countries. The transition to a coordinated industrial policy contributes to the strengthening of intra-sectoral nature of mutual trade in the EAEU.

KAZAKHSTAN IN THE EURASIAN ECONOMIC UNIT. RESULTS OF THE FIRST FIVE YEARS

Public Administration and Civil Service ◽

10.52123/1994-2370-2021-368 ◽

2021 ◽

pp. 111-121

Author(s):

Daulet SAUTBEKOV ◽

Erlan KYLBAYEV

Keyword(s):

Economic Growth ◽

Economic Development ◽

International Trade ◽

Economic Integration ◽

National Economy ◽

Eurasian Economic Union ◽

Subsequent Period ◽

Economic Union ◽

The Republic

The article discusses topical issues of economic integration of Kazakhstan within the framework of the Eurasian Economic Union (EAEU). Individual indicators of the socio-economic development of the republic on the eve of joining the EAEU and in the subsequent period of Kazakhstan's presence in the integration association are analyzed, tables and diagrams are compiled, reflecting the dynamics of the development of the national economy. The main problems in the structure of the economy of Kazakhstan are highlighted and some mechanisms for their solution are proposed. It is concluded that the integration potential of Kazakhstan is not fully utilized, certain industries have not been developed in the context of international trade, and the development of cooperative ties with the EAEU countries requires the use of additional measures in the investment and industrial policy of Kazakhstan. At the same time, in the changing conditions of international trade, Kazakhstan has the opportunity to strengthen its position, and integration opportunities can become a driver of economic growth in the coming years despite criticism from skeptics.

Economic Integration: Lessons for the Post-Soviet Space

World Economy and International Relations ◽

10.20542/0131-2227-2016-60-4-61-69 ◽

2016 ◽

Vol 60 (4) ◽

pp. 61-69

Author(s):

M. Golovnin ◽

A. Zakharov ◽

D. Ushkalova

Keyword(s):

Emerging Markets ◽

Economic Integration ◽

Regional Integration ◽

Economic Effects ◽

Dynamic Effects ◽

Eurasian Economic Union ◽

The World ◽

Soviet Space ◽

Economic Union ◽

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.

BELARUSIAN FORK: RESULTS OF POST-SOVIET SOCIO-ECONOMIC EVOLUTION AND SCENARIO OPTIONS FOR FURTHER DEVELOPMENT OF THE REPUBLIC OF BELARUS

Russian Economic Journal ◽

10.33983/0130-9757-2020-6-70-87 ◽

2021 ◽

pp. 70-87

Author(s):

S.Yu. Glaziev

Keyword(s):

Economic Development ◽

Economic Integration ◽

Economic Structure ◽

Economic Evolution ◽

Eurasian Economic Union ◽

Technological Structure ◽

World Economic ◽

Economic Union ◽

The Republic ◽

Future Economic Development

The current socio-political upheavals, which are fraught with undermining the Belarusian statehood, may also torpedo the planned transition to the implementation of the strategy of advanced development of the Republic of Belarus based on increasing cooperation between Belarusian economic entities and Russian ones on the legal basis of the Union state of Russia and Belarus (USRB) and the Eurasian economic Union (EAEU). Summing up the socio-economic evolution of post-Soviet Belarus, which is impressive against the background of the corresponding results of other ex-Soviet republics, the author of the article connects these successes with the capacity of the Belarusian management system, which has already mastered a number of institutions of a new (integral) world economic structure, including strategic indicative macroeconomic planning. However, this in itself does not save from socio-political upheavals of various forms, strength and scale. The Republic of Belarus, like other members of the EAEU, needs to harmonize the interests of various social groups and consolidate society based on the state policy of increasing public welfare. Based on these principles, developed in numerous previous publications of the author, he makes recommendations for coping with the growing socio-political and socio-economic crises, as well as builds options for future economic development, depending primarily on the vector of the upcoming integration construction — Eurasian or European — that the Belarusian people will choose. Keywords: the Republic of Belarus (RB), Belarus, the Union State of Russia and Belarus (USRB), the Eurasian Economic Union (EAEU), the Eurasian Economic Commission, Eurasian economic integration, European economic integration, European Union (EU), cooperative interaction of economic entities, technological structure, new (sixth) technological structure, world economic structure, new (integrated) economic structure, strategy of advancing economic development, economic growth, convergent technology, the Republic of Ukraine (RU).

The Influence of CJEU Judgments on the Legal Order of the Eurasian Economic Union

The Impact of the European Court of Justice on Neighbouring Countries ◽

10.1093/oso/9780198855934.003.0004 ◽

2020 ◽

pp. 54-78

Author(s):

Maksim Karliuk

Keyword(s):

Economic Integration ◽

Case Law ◽

Legal Order ◽

Relative Impact ◽

The European Union ◽

Application Of Law ◽

Eurasian Economic Union ◽

Soviet Space ◽

Economic Union ◽

The Impact

The Eurasian Economic Union (EAEU)—an international organization for regional economic integration in post-Soviet space—has a judicial body aimed at ensuring uniform application of law. The predecessor of the EAEU—the Eurasian Economic Community (EURASEC)—also had its own judicial body. This chapter presents findings on the impact of the Court of Justice of the European Union (CJEU) on the legal system of the EAEU through the lens of citations of CJEU cases by the EAEU and EURASEC courts. Both courts refer to CJEU case law extensively, sometimes even adopting similar approaches, albeit others choosing to pursue different paths. The chapter shows the relevant statistics, explores the relative impact of citations, presents several prominent examples of judgments, and provides possible explanations of the approaches taken.

The Competitiveness of the Industrial Sector of the National Economies within the Setting of the Eurasian Economic Union

Journal of Advanced Research in Law and Economics ◽

10.14505//jarle.v10.2(40).25 ◽

2020 ◽

Vol 10 (2) ◽

pp. 631

Author(s):

Perizat ORYNBET ◽

Meirambala Beisembekovna SEISEKENOVA ◽

Gaukhar SAKHANOVA ◽

Yelena Ivanovna LADANENKO ◽

Larisa A. KAPUSTYAN ◽

...

Keyword(s):

Economic Development ◽

Foreign Trade ◽

Industrial Production ◽

Industrial Sector ◽

Competitive Advantages ◽

Market Place ◽

Eurasian Economic Union ◽

Economic Union ◽

National Economies

This research examines the competitive advantages of the industrial sector of the national economies within the setting of the Eurasian Economic Union. The authors have analyzed a set of indicators of socio-economic development in the member states, including mutual and foreign trade, GDP, and key trends in industrial production. Special attention is devoted to the competitive advantages of Kazakhstan in the pharmaceutical and chemical industries. The authors have assessed the level of competitiveness of Kazakhstan-made products in the Union’s market place.

From the Belovezhskiye Agreements to the Eurasian Economic Union: 30 Years of Experience

EURASIAN INTEGRATION: economics, law, politics ◽

10.22394/2073-2929-2021-03-22-34 ◽

2021 ◽

Vol 15 (3) ◽

pp. 22-34

Author(s):

M. I. Krotov

Keyword(s):

Economic Integration ◽

Eurasian Economic Union ◽

Security Treaty ◽

Independent States ◽

Soviet Space ◽

European Projects ◽

Economic Union ◽

Cis Countries ◽

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.

THE REPUBLIC OF BELARUS: THE EVOLUTION OF THE POLICY OF BALANCING BETWEEN UNION STATE OF BELARUS AND RUSSIA AND EURASIAN ECONOMIC UNION

Urgent Problems of Europe ◽

10.31249/ape/2021.01.09 ◽

2021 ◽

pp. 193-232

Author(s):

Andrei Suzdaltsev

Keyword(s):

Economic Integration ◽

Privileged Access ◽

Eurasian Economic Union ◽

Soviet Space ◽

The Russian Federation ◽

Economic Union ◽

The Republic ◽

Integration Project ◽

To Receive ◽

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.

The Eurasian Economic Union: An eu-Inspired Legal Order and Its Limits

Review of Central and East European Law ◽

10.1163/15730352-04201002 ◽

2017 ◽

Vol 42 (1) ◽

pp. 50-72 ◽

Cited By ~ 1

Author(s):

Maksim Karliuk

Keyword(s):

Complex System ◽

European Union ◽

Economic Integration ◽

Legal Order ◽

The European Union ◽

Eurasian Economic Union ◽

Limited Success ◽

Soviet Space ◽

Economic Union ◽

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.