EURASIAN ECONOMIC UNION DURING THE PANDEMIC: INTEGRATION PROBLEMS AND PROSPECTS

2021 ◽  
Vol 22 (3) ◽  
pp. 079-093
Author(s):  
Dolores Tyulebekova ◽  
Sayat Abildin ◽  
Yelena Nechayeva ◽  
Maira Dyussembekova
Keyword(s):  
Import Substitution ◽  
Political Process ◽  
Methodological Foundation ◽  
Eurasian Economic Union ◽  
Medical Supplies ◽  
The Face ◽  
Economic Union ◽  
Integration Problems ◽  
Regional Associations ◽  
Economic Ties

The article aims to assess the results of the development of the Eurasian Economic Union, including in the context of the Covid-19 pandemic. The theoretical and methodological foundation of the study of integration is based on studying the activity of various regional associations from the viewpoint of the integration levels and ultimate goals. Depending on the set goals, it is possible to predict and strategically calculate the consequences and possible benefits of economic integration. Using statistical analysis tools, the authors analyzed the key economic indicators affecting the development of the EAEU. Official data of international structures (World Bank, U.N., EAEU), government agencies, various reports and reviews were also used in the work. The studied indicators are presented in the article in tables and graphs, created by the authors for the purpose of visualizing the relevant processes. Logical reasoning is used to describe the results obtained. The article assesses the consequences of the pandemic for global trade and analyzes further ways of developing the world political process. Today, many countries face similar problems due to the pandemic, and take unprecedented measures in order to address them. Most countries have restricted the export of essential goods, such as medical supplies and food. Global economic ties aimed at liberalizing trade have been called into question, since each state is forced to ensure its own national security in the face of the pandemic. In this respect, the question of strength and stability of the globalization processes are in a changing world? Certain event scenarios are considered in the conclusion of the article, one of which is a transition to a policy of protectionism and import substitution.

Eurasian Economic union: Prospects and challenges for Development

2015 ◽  
pp. 87-108 ◽  
Author(s):  
A. Knobel
Keyword(s):  
Oil And Gas ◽  
Economic Effects ◽  
Necessary Condition ◽  
Gas Transfer ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
Food Imports ◽  
Cis Countries ◽  
Integration Problems ◽  
Integration Challenge

The paper is devoted to the analysis of development prospects and problems of Eurasian Economic Union (EAEU) of Russia, Kazakhstan, Belarus and Armenia. It considers integration problems inside EAEU, interactions of EAEU with other CIS countries and with countries from the rest of the world. The paper shows that the major integration challenge inside EAEU is the domination of the redistributive motive over the creative one. It estimates the value of the oil and gas transfer from Russia to other EAEU members and the influence of the Russian tax maneuver on this transfer. The paper shows the need in redistribution mechanism inside EAEU as a necessary condition for getting the potential positive economic effects of free trade with other countries. It also assesses the risks for EAEU due to Russian embargo for food imports from countries of the sanctions list and possible application of tariff in the trade with Ukraine.

scholarly journals The Prospect of Eurasian Integration After the Great Global Economic Crisis of 2008-2020

2021 ◽  
pp. 19
Author(s):  
Vasily Koltashov
Keyword(s):  
Economic Crisis ◽  
Global Capitalism ◽  
Interstate Cooperation ◽  
Eurasian Economic Union ◽  
Production And Consumption ◽  
Global Economic Crisis ◽  
The Face ◽  
Economic Union ◽  
The Impact ◽  
The Relationship

The article examines the impact of the great global economic crisis of 2008-2020. on Eurasian integration, the relationship between the old and the new center of global capitalism. An analysis is made of what results, for what reasons and how the further construction of the Eurasian Economic Union (EAEU) will lead in the face of the unfriendliness of Western states and a simultaneous crisis of their strategy in the economy and politics. Namely: the formation of a large continental market, a stable system of interstate cooperation, the implementation of an interethnic protectionist policy that encourages production and consumption within the EAEU. The prospect of such development makes the project attractive for countries outside Eurasia, which leads to the birth of the Eurasian consensus as an international economic and political agenda.This will largely become decisive for the global economic agenda for 2021-2045, that is, for the period of a new upward wave according to N.D. Kondratyev.

scholarly journals CIVILIZATION FACTOR IN POLITICAL SYSTEM FORMATION OF THE EURASIAN ECONOMIC UNION FOUNDERS

2019 ◽  
pp. 23-28
Author(s):  
B.V. Grachev
Keyword(s):  
Political System ◽  
Political Process ◽  
The Political ◽  
Integration Process ◽  
Eurasian Economic Union ◽  
Political Traditions ◽  
Process Methodology ◽  
Economic Union

The article is dedicated to the civilization basis of the political system of the Eurasian Economic Union founders, its genesis and realization on different historical stages. Special attention was paid to determining which cultural and civilizational characteristic influence on the political traditions’ similarity. The differences in political process of post-soviet countries are outlined with respect to the role of civilizational factors. In the last part one may find out about the influence of geopolitical and civilizational factors on integration process. Methodology is based on the historical and philosophical analysis via adaptation through the theory of local civilization. Generalization of local (national) civilization experience intrinsic to the founders of the Eurasian Economic Union and its impact assessment on the integration process is considered as a prime contribution. Furthermore, under the condition of strong demand for sovereignty the powerful national governance can be regarded as a formidable obstacle for deeper integration. In the long-term the formalization of ideological or civilizational basis is required and a variation of neoeurasianism is likely to play this role.

Kyrgyzstan has limited scope for reviving its economy

2016 ◽  
Keyword(s):  
Prime Minister ◽  
Major Change ◽  
Content Type ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
Migrant Remittances ◽  
The Government ◽  
Economic Ties ◽  
Trade And Investment ◽  
Limited Scope

Significance Officials in Kyrgyzstan have complained that the Moscow-led Eurasian Economic Union (EEU) has created problems instead of improving trade and investment prospects. Russia's recession has led to reduced inward investment and migrant remittances for Kyrgyzstan. In the new government appointed in April, the only major change was the prime minister. Impacts The government will attempt to revive economic ties trade with China since the EEU has proved to be no substitute. China may offer new loans as Russia can no longer afford 'political' assistance. The problems Kyrgyzstan has encountered with EEU accession may deter would-be member Tajikistan.

EAEU AGRICULTURAL MARKET ASSESSMENT: EXPORT POTENTIAL

2020 ◽  
Author(s):  
A.R. Petkova ◽  
Keyword(s):  
World Economy ◽  
Agricultural Market ◽  
Market Interaction ◽  
Eurasian Economic Union ◽  
The World ◽  
Food Market ◽  
Economic Union ◽  
Regional Associations

In the conditions of continuing instability and tension in the world economy and the global agri-food market, interaction in the framework of interstate, integration, regional associations and the strengthening of ties come to the fore. The article analyzes and evaluates the agricultural market of the Eurasian Economic Union in terms of its export potential.

scholarly journals Eurasian Economic Union – Realities of the Current Situation

2017 ◽  
pp. 7-13
Author(s):  
S. Chernyavskiy
Keyword(s):  
European Union ◽  
Foreign Policy ◽  
Internal Market ◽  
Commodity Markets ◽  
The European Union ◽  
Mutual Trade ◽  
Eurasian Economic Union ◽  
The Face ◽  
Response Measures ◽  
Economic Union

Eurasian integration is Russia’s most important foreign policy project. In the face of economic sanctions, it faces additional difficulties. A very painful problem is overcoming the tendency to reduce mutual trade, since the reserves for the growth of mutual trade associated with the removal of administrative barriers have been exhausted, and the range of goods remains virtually unchanged. The development of trade within the EEU is hampered by a drop in world prices on commodity markets, which has led to a decrease in solvency within the Union. To overcome this negative trend can only be through a significant diversification of commodity exchange. Despite the abolition of customs borders between the members of the union, it was not possible to eliminate all exemptions and restrictions at the previous stages of the development of the EEU.The sanctions regime introduced by the European Union and Russia’s response measures created additional problems in the development of the internal market of the EEU. One of the obstacles to Eurasian integration is the lack of activity of mutual investment activities. The goals set by the Eurasian integration should be clear, concrete, and, most importantly, achievable, and the results - tangible not only for governments and business circles, but also for the population of the countries concerned.

scholarly journals Armenia’s possible issues with respect to applying Common Customs Tariff and Prospects on the Amounts of Transferred Customs Duties upon Accession to the Eurasian Economic Union

2018 ◽  
pp. 178
Author(s):  
Anna Rooseveltovna Makaryan
Keyword(s):  
Currency Crises ◽  
Methodological Approach ◽  
Import Substitution ◽  
Medium Term ◽  
Member States ◽  
Eurasian Economic Union ◽  
Review Analysis ◽  
Long Run ◽  
Economic Union ◽  
Practical Implications

Purpose: to identify the possible issues with respect to applying Common Customs Tariff (CCT) and prospects on the amounts of the transferred Customs Duties upon Armenia’s accession to the Eurasian Economic Union (EAEU). Design/Methodological approach: Based on the literature review, analysis of the statistical data to identify those factors that would explain the growth reported in the amounts of transferred customs duties from the authorized authorities of Member states of the EAEU and what are the possible issues related to switching to the CCT. Findings: Armenia attempted to substitute imported goods from third counties with products originating within EAEU borders during the period 2015-2017. However, the strong growth of the economy could result in an increase in imports as well, especially from third countries. Therefore, Armenian companies could somehow suffer from applying of CCT over the medium term and in the long run. Applying CCT “is not likely to create problems for Armenian commitments to the WTO” (Tarr, 2016:7-8). The pattern of the transferred customs duties over the period 2015-2017 pinpointed the vulnerability of amounts received to currency crises in other member states, thus leading to poor economic performance and decline in imports from third countries. Conclusion: There is some uncertainty on how soon the progress in integrating the EAEU markets could be made, and specialization would take place to allow Armenian companies to fully substitute the supplies of third country origin with products originating within the EAEU markets. Meanwhile, Armenian companies would either opt for new suppliers or cooperate with old suppliers from third countries at least in the medium term. If Russia is successful and reports huge progress in implementing import substitution policies, Russian imports from third countries could drastically decrease, thus entailing a decline in amounts transferred as customs duties in the long-run. The vulnerability of the economies of Belarus, Kazakhstan, and Russia to currency crises would affect the amounts received as customs duties by Armenia. Practical Implications: The findings could be used by the Ministries of Finance, and Economic Development and Investments of Armenia in making their forecasts and building scenarios on budget revenues, economic growth, and in assisting Armenian companies to find new suppliers, especially in the EAEU member-states in the long-run.  

NETWORKING OF UNIVERSITIES OF THE EAEU COUNTRIES AS A TOOL FOR SOLVING PERSONNEL PROBLEMS OF ADJACENT TERRITORIES (EXPERIENCE OF ALTAI STATE UNIVERSITY)

2021 ◽  
Vol 2 (10) ◽  
pp. 108-116
Author(s):  
Evgeny E. Shvakov ◽  
◽  
Olga A. Latysheva ◽  
Keyword(s):  
Economic Activity ◽  
World Economy ◽  
State University ◽  
Russian Economy ◽  
Eurasian Economic Union ◽  
Network Interaction ◽  
The World ◽  
Key Factor ◽  
Economic Union ◽  
Economic Ties

The globalization of the world economy causes the active development of foreign economic activity. In these conditions, the key factor in the development of economic entities is their ability to integrate into global economic ties. The new conditions require the training of qualitatively different specialists capable of ensuring the entry of economic entities into the markets of foreign states. In the context of the integration of the Russian economy with the economy of a number of countries within the Eurasian Economic Union, the need for specialists who know the market of the EAEU countries is significantly increasing. The training of such personnel is possible only within the framework of the network interaction of universities of the EAEU countries implementing part of the educational program. At the same time, it is important to note that such an approach to the implementation of educational programs becomes a factor in the development of education exports. The article presents the experience of Altai State University in the implementation of such interaction with a foreign university.

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