THE ECONOMIC EFFICIENCY OF INTEGRATION PROCESSES ON THE EXAMPLE OF EURASIAN ECONOMIC UNION

Author(s):  
Olga Ergunova
Author(s):  
H. N. Mursalova ◽  
L. K. Baimagambetova ◽  
O. Ozpence

The purpose of the study is to assess the effectiveness of the achieved level of integration of the leading countries within the framework of the Eurasian Economic Union (EAEU).Methodology: a quantitative approach is used. Based on the results of the analysis of dynamic series, the mutual openness of country economies and their mutual trade is estimated by the methods of calculating the export quota, which shows the content of exports in the volume of gross product. A broader analysis of integration interaction involves the study of other equally important indicators. Thus, the indicators of the importance of mutual trade in goods and services, mutual labor migration for the leading countries of the Eurasian Economic Union and mutual flows of foreign direct investment for Kazakhstan within all the countries of the EAEU were also used and mutual FDI flows for Kazakhstan within all EAEU countries were also used.The originality / value of the study lies in the coverage of the last years of the Eurasian integration, the calculation of indicators of the significance and evaluation of the effectiveness of foreign economic relations in their main areas in the Eurasian integration grouping for its leading countries.The results of the study – in 2015-2019, there is an achievement of relative openness and an increase in the importance of trade in goods and services, a decrease in the importance of migration between Kazakhstan and the main participants of the EAEU. At the same time, the flows of foreign direct investment to and from Kazakhstan within the union are characterized by positive changes.


2015 ◽  
pp. 87-108 ◽  
Author(s):  
A. Knobel

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.


2016 ◽  
pp. 43-60 ◽  
Author(s):  
E. Vinokurov

The paper appraises current progress in establishing the Customs Union and the Eurasian Economic Union (EAEU). Although the progress has slowed down after the initial rapid advancement, the Union is better viewed not as an exception from the general rules of regional economic integration but rather as one of the functioning customs unions with its successes and stumbling blocs. The paper reviews the state of Eurasian institutions, the establishment of the single market of goods and services, the situation with mutual trade and investment flows among the member states, the ongoing work on the liquidation/unification of non-tariff barriers, the problems of the efficient coordination of macroeconomic policies, progress towards establishing an EAEU network of free trade areas with partners around the world, the state of the common labor market, and the dynamics of public opinion on Eurasian integration in the five member states.


2020 ◽  
Vol 9 (3) ◽  
pp. 87-99
Author(s):  
Nabi Ziyadullayev ◽  
◽  
Ulugbek Ziyadullayev ◽  

The article reveals the features of the international trade, economic and integration priorities of the Republic of Uzbekistan. The conceptual approaches to joining the WTO, diversification of the geography and structure of foreign trade, as well as the expansion of foreign economic cooperation with world and regional powers, the CIS countries and Central Asia are substantiated. Particular attention is paid to risks and building vectors for effective interaction with the Eurasian Economic Union (EAEU), as well as mitigating the effects of the coronavirus pandemic on the national economy.


Author(s):  
O.V. Sinyak

The main changes and additions in connection with the entry into force of the new version of the Law are considered. The purpose of the new edition of the Law is to improve the norms of antimonopoly laws, taking into account the practice of its application, bringing them into line with international legal acts that make up the law of the Eurasian Economic Union


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