CHALLENGES AND PROSPECTS OF EURASIAN INTEGRATION (ILLUSTRATED BY EAEU)

The article analyzes the prospects of developing integration processes within the frames of the Eurasian Economic Union. Topicality of this problem can be explained by complicated economic situation within which common markets of goods, capital and labour are formed, availability of institutional ba...

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Main Authors: Olga A. Grishina, Sergey G. Evsyukov, Elena V. Ustyuzhanina
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2017-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/131
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author Olga A. Grishina
Sergey G. Evsyukov
Elena V. Ustyuzhanina
author_facet Olga A. Grishina
Sergey G. Evsyukov
Elena V. Ustyuzhanina
author_sort Olga A. Grishina
collection DOAJ
description The article analyzes the prospects of developing integration processes within the frames of the Eurasian Economic Union. Topicality of this problem can be explained by complicated economic situation within which common markets of goods, capital and labour are formed, availability of institutional barriers to integration, low competitiveness of economies that unite on the global market. Resource potential of EAEU is investigated, trade links between country-members are analyzed, promising cooperation projects are considered. On the basis of such analysis a conclusion is made about a clear dominance of Russia as a central link of the Union not only by absolute indicators (supply of resources and output) but by the share in trade balance of partners, volumes of direct investment and positions in value chains. The authors show that barriers on the way of effective integration are formed not only by objective difficulties of combining heterogeneous economics but by mistakes in managing integration processes, in particular poor use of software-target approach, mistakes in goal-setting, ignoring the current problems of balancing budget-taxation and cash-credit policies.
format Article
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issn 2413-2829
2587-9251
language Russian
publishDate 2017-09-01
publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-47744833579243ecb08edf7fe8bee71c2025-08-20T02:53:26ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-010114715710.21686/2413-2829-2016-1-147-157130CHALLENGES AND PROSPECTS OF EURASIAN INTEGRATION (ILLUSTRATED BY EAEU)Olga A. Grishina0Sergey G. Evsyukov1Elena V. Ustyuzhanina2Plekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsThe article analyzes the prospects of developing integration processes within the frames of the Eurasian Economic Union. Topicality of this problem can be explained by complicated economic situation within which common markets of goods, capital and labour are formed, availability of institutional barriers to integration, low competitiveness of economies that unite on the global market. Resource potential of EAEU is investigated, trade links between country-members are analyzed, promising cooperation projects are considered. On the basis of such analysis a conclusion is made about a clear dominance of Russia as a central link of the Union not only by absolute indicators (supply of resources and output) but by the share in trade balance of partners, volumes of direct investment and positions in value chains. The authors show that barriers on the way of effective integration are formed not only by objective difficulties of combining heterogeneous economics but by mistakes in managing integration processes, in particular poor use of software-target approach, mistakes in goal-setting, ignoring the current problems of balancing budget-taxation and cash-credit policies.https://vest.rea.ru/jour/article/view/131institutional barriers for integrationcompetitiveness of combined economyresource potential of the union
spellingShingle Olga A. Grishina
Sergey G. Evsyukov
Elena V. Ustyuzhanina
CHALLENGES AND PROSPECTS OF EURASIAN INTEGRATION (ILLUSTRATED BY EAEU)
Вестник Российского экономического университета имени Г. В. Плеханова
institutional barriers for integration
competitiveness of combined economy
resource potential of the union
title CHALLENGES AND PROSPECTS OF EURASIAN INTEGRATION (ILLUSTRATED BY EAEU)
title_full CHALLENGES AND PROSPECTS OF EURASIAN INTEGRATION (ILLUSTRATED BY EAEU)
title_fullStr CHALLENGES AND PROSPECTS OF EURASIAN INTEGRATION (ILLUSTRATED BY EAEU)
title_full_unstemmed CHALLENGES AND PROSPECTS OF EURASIAN INTEGRATION (ILLUSTRATED BY EAEU)
title_short CHALLENGES AND PROSPECTS OF EURASIAN INTEGRATION (ILLUSTRATED BY EAEU)
title_sort challenges and prospects of eurasian integration illustrated by eaeu
topic institutional barriers for integration
competitiveness of combined economy
resource potential of the union
url https://vest.rea.ru/jour/article/view/131
work_keys_str_mv AT olgaagrishina challengesandprospectsofeurasianintegrationillustratedbyeaeu
AT sergeygevsyukov challengesandprospectsofeurasianintegrationillustratedbyeaeu
AT elenavustyuzhanina challengesandprospectsofeurasianintegrationillustratedbyeaeu