scholarly journals The Strategy of the Eurasian Economic Union Extra-Regional Integration

2021 ◽  
Vol 18 ◽  
pp. 67-77
Author(s):  
Agnieszka Konopelko ◽  
Katarzyna Czerewacz-Filipowicz
Keyword(s):  
Empirical Analysis ◽  
Regional Integration ◽  
Literature Analysis ◽  
Eurasian Economic Union ◽  
Comparative Advantages ◽  
Economic Union ◽  
The Impact ◽  
The Relationship ◽  
Theoretical Overview ◽  
Critical Literature

The main purpose of the research presented in the article is to answer the question of whether or notthe Eurasian Economic Union has strategic opportunities to initiate integration processes with third countriesand built comparative advantages. The authors identify the channels of its integration with third countries aswell as assess their effectiveness based on the relationship with Vietnam, Singapore, Iran and China. Thefollowing methods were used: a critical literature analysis, an empirical analysis of the official documents, alogical construct method, an analytical theoretical overview of the Eurasian Economic Union external strategy,as well as statistical methods. Subsequently, based on the results obtained, a SWOT (Strengths, Weaknesses,Opportunities, Threats) analysis was carried out. The work diagnoses the main vectors of the EurasianEconomic Union strategy, analyses its institutional extra-regional integration as well as defines the scope andmain channels of the influence of business and logistics on extra-regional integration. The main achievement ofthe research presented in the article is the diagnosis and assessment of the impact channels of EurasianEconomic Union extra-regional integration. The research points out that the organisation has an effective extraregional policy towards very different Eurasian countries and uses many channels of influence.

scholarly journals DAMPAK KERJA SAMA PERDAGANGAN INDONESIA DENGAN EURASIAN ECONOMIC UNION (EAEU) TERHADAP PEREKONOMIAN INDONESIA

2018 ◽  
Vol 12 (2) ◽  
pp. 161-180
Author(s):  
Deky Paryadi ◽  
Aziza Rahmaniar Salam
Keyword(s):  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Cge Model ◽  
Eurasian Economic Union ◽  
Comparative Advantages ◽  
Vegetable Foodstuffs ◽  
Economic Union ◽  
The Impact ◽  
Eurasian Region ◽  
Elimination Scheme

 Abstrak Kawasan Eurasia merupakan wilayah yang penting secara geopolitik dan geostrategi bagi perdagangan Indonesia. Melihat potensi yang dimiliki oleh negara-negara yang tergabung dalam Eurasian Economic Union (EAEU), Indonesia diharapkan dapat memanfaatkan peluang yang terbuka. Penelitian ini bertujuan untuk mengetahui potensi daya saing komoditas serta dampak kerja sama perdagangan Indonesia-EAEU. Metode analisis yang digunakan adalah Trade Complementary Index (TCI), Revealed Symetric Comparative Advantages (RSCA) dan Computable General Equilibrium (CGE) model dengan data dasar GTAP versi 9 menggunakan enam simulasi. Berdasarkan analisis TCI, tingkat kesesuaian ekspor EAEU terhadap struktur impor Indonesia lebih tinggi dibandingkan ekspor Indonesia terhadap struktur impor EAEU. Dengan melihat dampak kerja sama perdagangan Indonesia-EAEU terhadap makroekonomi Indonesia, penurunan tarif bea masuk sebesar 50% untuk seluruh produk Indonesia dan EAEU merupakan alternatif kebijakan terbaik. Indonesia perlu menjajaki kemungkinan kerja sama dengan EAEU dengan pendekatan berupa eliminasi 50% pada seluruh pos tarif secara bertahap. Selain itu, disarankan Indonesia fokus pada komoditas yang memiliki daya saing di pasar EAEU yaitu sektor animal; vegetable; foodstuffs; plastics/ rubber; raw hides; woods; textile; stone/glass; machinery; dan transportation.AbstractThe Eurasian region is an important area for Indonesia in term of geopolitic and geostrategy. Due to the economic potential of EAEU countries, Indonesia must take advantage of it. This study aims to determine the potential competitiveness of commodities and the impact of trade cooperation between Indonesia-EAEU. Methods used in this study were Trade Complementary Index (TCI), Revealed Symetric Comparative Advantages (RSCA) and Computable General Equilibrium (CGE) model utilizing basic data of GTAP version 9 of six simulations. By using TCI method it was found that the comformity level of EAEU's export to Indonesia's import structure is higher than Indonesia's exports to the EAEU import structure. Looking at the impact of Indonesia-EAEU trade cooperation on Indonesia’s economy, tariff reduction of 50% for all Indonesian products and EAEU is the best policy alternative for Indonesia. Therefore, It is a must to Indonesia to explore the possibility of cooperation with EAEU with a 50% elimination scheme gradually to all tariff lines. Indonesia should also focus on commodities which have competitiveness in EAEU market i.e. animal; vegetable; foodstuffs; plastics/rubber; raw hides; woods; textile; stone/glass; machinery; and transportation.

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 The Impact of Regionalization on Eurasian Integration: Economic and Political Factors

2020 ◽  
Vol 14 (3) ◽  
pp. 39-51
Author(s):  
K. Shatila ◽  
M. Alozian
Keyword(s):  
International Organizations ◽  
Regional Integration ◽  
Legal Aspects ◽  
Economic Factors ◽  
Political Factors ◽  
Eurasian Economic Union ◽  
Security Treaty ◽  
Peace And Security ◽  
Economic Union ◽  
The Impact

This article discusses the legal aspects of regional integration processes in Eurasia. It argues that these processes are driven by both political and economic factors, which in particular include the desire on the international stage of a number of post-Soviet nations for regional peace and security as well as to create a greater and more effective economic system. It is often claimed that in the sense of two different yet strongly linked international organizations - with the same similar composition - the Collective Security Treaty Organisation (CSTO) and the EurAsEC, officially turning into the Eurasian Economic Union, unitedited Eurasia is hierarchical. The article then provides the history to CSTO and EurAsEC and discusses how they are to be combined. It also discusses the structural structure of these relationships and describes their goals, values, and main collaboration zones. Finally, the paper contains closing remarks aimed at highlighting problems and assessing opportunities for incorporation processes in Eurasia.

scholarly journals An Empirical Analysis of Obesity Kuznets Curve Model for the Eurasian Economic Union

2021 ◽  
Author(s):  
Ayşe Öcal
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Empirical Analysis ◽  
Fixed Effects ◽  
Kuznets Curve ◽  
Fixed Effects Model ◽  
Eurasian Economic Union ◽  
Curve Model ◽  
Economic Union ◽  
The Relationship

This paper aims to analyse the relationship between obesity and economic growth in the context of the Obesity Kuznets Curve model for the Eurasian Economic Union for the years between 2000-2016. The relationship between obesity rates and the real gross domestic product has been examined for the Eurasian Economic Union in the context of the Obesity Kuznets Curve model using the fixed-effects model. The results show that the Obesity Kuznets Curve Model is valid for the Eurasian Economic Union. Therefore, this paper points out that the relationship between obesity rates and economic growth within the Eurasian Economic Union is non-linear.

scholarly journals On Overcoming Corruption Barriers in the Services' Market Formation in the Common Economic Space of the Eurasian Economic Union

2018 ◽  
Vol 12 (5) ◽  
pp. 722-730
Author(s):  
Denis Kurochkin
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Special Economic Zones ◽  
Service Market ◽  
Economic Space ◽  
Eurasian Economic Union ◽  
The Common ◽  
Economic Union ◽  
Economic Zones ◽  
The Impact

The contractual and legal basis of the Eurasian Economic Union (EAEU) provides for the creation of the common economic space and a common market of services without any administrative, fiscal or other barriers. In fact, access to the market of services is limited by various barriers that possess corruption-generating properties. The paper describes the importance of cooperation between EAEU members in counteracting corruption with the purpose of economic integration. The implementation of the UN Convention against Corruption and other global instruments at the EAEU level is significant because it simplifies the processes of economic integration by overcoming the existing administrative barriers. The author discusses some administrative barriers that prevent investors working in special economic zones from accessing the service market, including those connected with determining the types of activities for special economic zones, selecting the projects of special economic zones participants, drawing contractual agreements between investors and the administration of a special economic zone. The author also summarizes the doctrinal position on the interaction between global and regional instruments of counteraction corruption, studies the impact of corruption on the formation of the common economic space, the volume of foreign investment and other economic aspects of regional integration. He outlines the necessity of overcoming administrative, fiscal and other barriers that have corruption-generating properties by adopting the Eurasian Anticorruption Strategy as a more flexible document that could make it possible to implement the key clauses of the UN Convention against Corruption in the Eurasian conditions and use the experience of creating a regional system of counteracting corruption-generating administrative barriers in the legal systems of APEC, OECD and the Council of Europe.

TAX POLICY IN THE FIELD OF EXCISE TAXES ON TOBACCO PRODUCTS IN RUSSIA

2020 ◽  
Vol 3 (3) ◽  
pp. 36-40
Author(s):  
A. A. IDRISOV ◽  
Keyword(s):  
Tax Policy ◽  
Negative Impact ◽  
Tobacco Products ◽  
Excise Tax ◽  
Trade Relations ◽  
Excise Taxes ◽  
Tax Revenues ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
The Impact

The article is devoted to the analysis of the features of excise tax revenues to the budget of the Russian Federation. The analysis of the negative impact on the economy of the distribution of illegal tobacco prod-ucts - cigarettes, as well as the impact of new substitutes for this product. The issues of harmonization of the excise policy of the countries of the Eurasian Economic Union and the regulation of the tax policy in the field of excise taxes on tobacco products, the introduction of new excise taxes on electronic substitutes are considered. These measures are aimed at creating sustainable export-import foreign trade relations and a single market of legalized smoking products. The article is aimed at developing recommendations on strengthening the economy of tobacco production in the context of the creation of the Eurasian Economic Union, as well as on increasing tax revenues from them.

Capital Structure and Earnings per Share: An Empirical Analysis of Indian Corporate Sector

2015 ◽  
Vol 5 (3) ◽  
Author(s):  
Harvinder Singh Mand ◽  
Manjit Singh
Keyword(s):  
Capital Structure ◽  
Empirical Analysis ◽  
Corporate Sector ◽  
Independent Variables ◽  
Earnings Per Share ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact ◽  
The Relationship ◽  
The Empirical Analysis

This paper intends to measure the impact of capital structure on EPS (earnings per share) in Indian corporate sector. Fifteen control variables along with capital structure have been selected to know their impact on EPS. Panel data regression has been applied to establish the relationship among dependent and independent variables. It is found from the empirical analysis that the relation of capital structure with EPS has been statistically insignificant in Indian corporate sector among all specific industries except telecommunication industry. The results are consistent with Modigliani-Miller approach.

scholarly journals Nothern European Lessons for Eurasian Integration

2021 ◽  
Vol 1 (1) ◽  
pp. 79-91
Author(s):  
L. S. Voronkov
Keyword(s):  
European Union ◽  
Regional Integration ◽  
Nordic Countries ◽  
The Other ◽  
Northern Europe ◽  
The European Union ◽  
Economic Relations ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
The Eu

The paper is dedicated to the differences between the classical instruments for regulating interstate political and trade-economic relations from those used in the development of regional integration processes. Traditionally, the Eurasian Economic Union is compared with the European Union, considering the EU as a close example to follow in the development of integration processes. At the same time, there exist the other models of integration. The author proposes to pay attention to the other models of integration and based on the analysis of documents, reveals the experience of Northern Europe, which demonstrates effective cooperation without infringing on the sovereignty of the participants. The author examines the features of the integration experience of the Nordic countries in relation to the possibility of using its elements in the modern integration practice of the Eurasian Economic Union.

scholarly journals Cross-border territories development as an indicator of the integration processes effectiveness

Upravlenie ◽  
2020 ◽  
Vol 7 (4) ◽  
pp. 113-122
Author(s):  
I. V. Mishchenko ◽  
E. G. Shustova ◽  
I. V. Milkina
Keyword(s):  
Industrial Clusters ◽  
Tourist Destinations ◽  
Cross Border ◽  
Eurasian Economic Union ◽  
Trade Turnover ◽  
East Kazakhstan ◽  
Integration Effect ◽  
Economic Union ◽  
The Creation ◽  
The Impact

The development of cross-border territories and the impact of integration processes on them has been considered in the article. The creation of the Eurasian Economic Union becomes an impetus for the development of both the member states of the organization and their individual territories. This integration formation is relatively young, but today it creates a common market for the movement of goods, services, labor and capital. That is the cross-border territories, as bridges between countries, which feel the effect of the processes taking place in the common economic space: the trade turnover between the countries increases, as well as the inflow of investment and labor.The study is aimed at identifying the effect of integration processes on the development of two cross – border areas-Altai territory (Russian Federation) and East Kazakhstan region (Republic of Kazakhstan). The analysis showed, that the mutual trade turnover has increased between the countries and these territories; there is a good foundation for the development of cooperation in production. However, other indicators of socio-economic development have a negative trend. The outflow of population from these territories continues. The territories do not attract a significant amount of investment.The measures to increase the attractiveness of the Altai territory and East Kazakhstan region within the Eurasian Economic Union have been offered: strengthening production ties through the creation of industrial clusters; the inclusion of territories in the implementation of the project “economic belt of the silk road”; the use of the natural potential of the territories for the creation and development of joint tourist destinations. The measures proposed in the article will strengthen cooperation between cross-border territories, create favorable conditions for increasing the integration effect in these territories, developing infrastructure and cooperating in the main sectors of the border countries, strengthening financial ties and attracting investment.

scholarly journals FINANCIAL CRISIS AND LOCAL BANKS: A REVIEW OF BANK-FIRM RELATIONSHIPS IN ITALY

2017 ◽  
Vol 14 (3) ◽  
pp. 249-258 ◽  
Author(s):  
Andrea Quintiliani
Keyword(s):  
Financial Crisis ◽  
Empirical Analysis ◽  
Research Question ◽  
Banking System ◽  
Relationship Lending ◽  
Critical Elements ◽  
Risk Return ◽  
The Impact ◽  
The Relationship ◽  
The Empirical Analysis

This paper focuses on bank-firm relationship in an economic deeply changing environment. The objectives of the paper are two-fold: to understand, compared to the overall banking system, if the lending activities and economic-financial performances of Italian local banks have changed after the outbreak of the financial crisis; and to understand what are the conditions that allow to develop a model of a local bank capable of supporting the development routes of SMEs, by an appropriate risk/return profile. In order to answer the first research question, the paper presented an empirical analysis, covering the period 2007-2011, of Italian Cooperative Credit Banks (a particular category of local banks) compared with the system of bank groups with operability spread over much of the Italian territory and not. The empirical comparative analysis has the aim to see the effects of the crisis on the relationship bank-firm through the reading of the impact on the dynamics of lending and on the profiles of structure, riskiness, profitability and efficiency of the banks under examination. In order to provide an answer to the second research question, the paper provides some insight of evolutionary nature reflection in the bank-firm relationship. In accordance with the doctrinal postulates of the relationship lending the empirical analysis shows how the financial then real crisis has not induced Cooperative Credit Banks to restrict credit to local firms. The survey evidences have however highlighted some critical elements that are reflected inevitably on the local bank’s risk-return profile. Based only on quantitative data of statement, the empirical analysis represents a limit in this kind of research. This paper is useful to stimulate the debate of experts as well as to focus on the studies of local banks in particular in the light of their anti-cyclic role. Even if abounding in subjects about local banks and relationship lending literature faces only marginally the effects of global crisis on business profiles of local banks.

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