scholarly journals Common Economic Space as Progressive Legal Institute of Integration in World Economy

2015 ◽  
Vol 8 (9) ◽  
pp. 265
Author(s):  
Alibayeva Gulnar Aytzhanovna ◽  
Zhumagulov Marat Imangalievich ◽  
Kussainova Larisa Islyamovna

<span lang="EN-US">One of the most important manifestations of world economic system’s globalization is its movement to the integration, which is showing, including, in creation of economic integration associations. This tendency is typical and for the Post-Soviet states. In this regard the period of the 1990th became especially active when in the territory of the former USSR there was the number of economic blocks – the Commonwealth of Independent States (CIS), the Union State of Belarus and Russia, the Common Economic Space (CES), the Organization of Central Asian cooperation (OTsAS), the Eurasian economic community (EurAsEC). </span><span lang="EN-US">The concept of the Common Economic Space (CES) was a consequence of searches most general and progressive legal institute in intensive integration processes in world economy. As a whole, formation of CES carries out in difficult economic and political situation. It demands the careful scientific analysis of all accompanying aspects.</span>

2019 ◽  
pp. 28-35
Author(s):  
Mykhaylo Voynarenko

The tendencies of development of the world economy and its influence on structural and qualitative changes of regional cluster systems are analyzed. Globalization is characterized as one of the most powerful factors that determines the further development of socio-economic systems, promotes the interdependence of national economies and the creation of highly effective mechanisms for their integration into a single world economic space. The emphasis is on its inevitability and consequences for business entities. The role of clusters in international economic expansion and in combining the potential of science, business and the state to ensure socio-economic development of regions is shown. Transformation processes in cluster systems are systematized, periodicity of cluster structures development is considered, and their influence on regional development is established. International cluster is defined as an international integrated structure based on the interaction of legally independent enterprises of various industries focused on the global world market of resources and consumers that are combined by the introduction of modern technologies into all areas.  The peculiarities of the digital economy manifestation, which is developing at an exponential rate and radically changing the essence of business, are highlighted. The preconditions, advantages and problem aspects of digitization of economic processes are outlined, its influence on the conditions of functioning and structural changes of cluster systems as the basis for the development of a new type of world economy is revealed. The paper reveals that regional economy clustering and digitalization should be targeted at overcoming the resistance to changes, being supported by independent scientific and technological research and having the cultural digital imperative to be successful in the model of digital transformation in global economic space.


2014 ◽  
Vol 18 (1) ◽  
pp. 3-13
Author(s):  
Mark Shamtsyan

Abstract The Eurasian Economic Community (EurAsEC) is an international economic organization created to effectively advance the process of forming a Customs Union and Common Economic Space by member states and also to implement other goals and objectives connected with the enhancement of integration in the economic and humanitarian spheres. One of the major challenges for the successful functioning of the common customs space of the members of the Customs Union, is the harmonization and unification of the legislation, including food legislation of the countries - members of the Customs Union. Unification of the legislation related to the labeling of food products will promote the trade and will ensure the awareness of the consumers.


Author(s):  
Piotr Lizak

The advancing process of economic globalization and the related increase in market competitiveness compels companies to search for new markets. Internationalisation processes present in all world-economy sectors, including the automotive industry, are manifested in such phenomena as entering into strategic alliances and the change of world corporations production structures. In the world economy, alliances are entered into mainly by high technology enterprises, such as telecommunication, information technology, aviation and automotive industries.In numerous companies, in particular in trans-national ones, there is a tendency to get involved in cooperative activity, carrying out mergers or concluding strategic alliances. Corporate strategic alliances result in the emergence of various space and production links through the creation of network connection systems, organizing world economic space at the same time.Consequently, changes occur in the ownership structure of concerns (concentration of capital), and relocation and delocalization of world production take place.In this context, this article analyses the process of shaping and functioning of the strategic alliance between Nissan and Renault international automotive corporations, as well as presents the benefits of the strategic alliance formed by the mentioned companies.


2021 ◽  
Vol 296 ◽  
pp. 06038
Author(s):  
Natalya Novikova ◽  
Alexander Leontiev

Due to the global world transformations caused by the spread of the new coronavirus infection, the regional development policy requires a radical rethinking. The world economic community is busy looking for new factors to accelerate economic dynamics. The use of space resources, the advantages of polarized development is the basis for the formation and development of growth poles. However, the problems of assessing the effectiveness of this territorial entity remain poorly developed. The purpose of this article is to propose a methodological basis for assessing the effectiveness of growth poles in the economic space of the region.


Author(s):  
Ekrem Erdem ◽  
Halit Mammadov

We drew attention in our study to two directions of the growing regionalism in the Post – Soviet countries. The regionalism in the Post – Soviet Space has an indecisive character. A group of the country (Ukraine, Moldova, South Caucasus countries) is evaluating the regionalism as a medium of the integration with global markets and liberal world, but the other group (leading through Russia, Belarus and countries of Central Asia) see the regionalism as a factor, which is against the globalism. We made a conceptional analyze in the first part of our study. The second part of our study contents the implementation. The main these of our study “Regionalism processes in the Post – Soviet space” have been researched and analyzed under the title of Commonwealth of Independent States and Eurasian Economic Union. The foundation of the Eurasia Economic Union with the aim of more supporting of the economically integration in the Post – Soviet countries is a very important example of the new regionalism tendencies. There will be analyzed in our studies the phases of the Eurasian Economic Union – Eurasian Economic Community, Custom Union and Common Economic Space in scope of regionalism concept. It will be also explained the strategically aims of the mentioned regional structure.


2016 ◽  
Vol 14 (4 (1)) ◽  
pp. 75-87
Author(s):  
Paweł Szewczyk

The establishment of the Eurasian Economic Union in 2015 is a yet another step in the process of forming a common market on the territory of the Russian Federation, the Republic of Belarus, the Republic of Kazakhstan, the Republic of Armenia and the Kyrgyz Republic. The statutory objective of the Eurasian Union is an economic integration of the member states, and, in particular, the establishment of a common market of goods, services, capital, and workforce. The Eurasian Economic Union is not a brand new integration project, but more of a continuation of activities undertaken in the framework of the Commonwealth of Independent States, and also in the framework of – no longer existing – the Eurasian Economic Community. It should be noted that in 2016 the Eurasian Economic Union is prognosticated to include the Republic of Tajikistan, which will result in expansion of the common market of goods, services, capital and workforce.


2010 ◽  
Author(s):  
Volkan Öngel

The Eurasian Economic Community (EEC) is an international organization that has been created by five Commonwealth of İndependent States countries (Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan) on October 10th,2000. The object of this organization was promote the creation of a customs union and the common economic space. After ten years in 2010, three countries (Belarus, Russia and Kazakhstan) made a custom union agreement as a second step. And the target is to establish a common economic space by 1 January 2012, a single market for goods, investment and labor. This custom union creates a common market of 170 million people with a $2 trillion economy, $900 billion trade and 90 billion barrels of oil reserves. This three countries have a strategic geopolitical position, rich producer goods reserves:especially oil and natural gas. The economic structure of this three countries can be explain as consumer goods importer, producer goods exporter. This is the exact opposite of European Union economic structure. Therefore, this paper argues that The Eurasian Economic Community would be a good foreign trade market alternative of EU for Turkey. Hence this paper tries to analyse the trade opportunities of this market for Turkey’s export. This paper based on the statistical foreign trade datas of relevant countries.


2020 ◽  
Vol 7 (3) ◽  
pp. 300-311
Author(s):  
G. Ch. Akunova

After the collapse of the Soviet Union, the new independent states of Central Asia had faced serious problems, such as the lack of experience in building state system, border demarcation, severe economic situation, threat of interethnic conflicts. However, that period was appropriate for integration initiatives in Central Asia. The economies of the post-Soviet republics in the region had been formed by the common Soviet system, the states depended from each other. In addition, the geopolitical situation in the region was favorable for rapprochement; Russia, China, the United States were not actively involved in regional processes. In the period from 1994 to 2005, the Central Asian republics initiated several integration projects, such as the Common economic space (Kazakhstan, Uzbekistan, and Kyrgyzstan), the Central Asian Economic Community (Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan), the Central Asian Cooperation Organization (all republics of Central Asia, except Turkmenistan). It should be noted that the integration process in the region implied all republics of Central Asia, except Turkmenistan, which had been ignoring any initiatives of neighbor countries. These structures did not achieve their goal, such as the creation of a free trade zone as well as customs, currency and payment unions. After a prolonged period of integration initiatives, there were no real close relationships between the countries. The states still prefer to build their relations in a bilateral format. The article considers the reasons that prevent the Central Asian states from effectively pursuing a multilateral format of cooperation in the region. The main reasons that determine the unpreparedness of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan for cooperation in a multilateral format are identified. Attention has been paid to such factors as the collision of interests of outside players, leadership issues between Kazakhstan and Uzbekistan, water distribution policy and cross-border cooperation. The steps that Central Asian countries need to take to establish effective multilateral cooperation in the region are analyzed.


2019 ◽  
pp. 5-23 ◽  
Author(s):  
Mikhail V. Ershov ◽  
Anna S. Tanasova

Russian economy has reached the low level of inflation, but economic growth has not accelerated. Moreover, according to official forecasts, in the following years it will still be low. The article concludes that domestic demand, which is one of the main factors of growth, is significantly constrained by monetary, budgetary and fiscal spheres. The situation in the Russian economy is still hampered by the decline of the world economic growth. The prospects of financial markets are highly uncertain. This increases the possibility of crisis in the world. Leading countries widely use non-traditional measures to support their economies in the similar environment. In the world economy as well as in Russia a principally new combination of factors has emerged, which create specific features of economic growth. It requires special set of measures to stimulate such growth. The article proves that Russian regulators have large unused potential to stimulate growth. It includes monetization, long-money creation, budget and tax stimuli. It is important that the instruments, which will be used, should be based on domestic mechanisms. This will strengthen financial basis of the economy and may encourage economic growth. Some specific suggestions as to their use are made.


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