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On The Customs Union Of Belarus, Kazakhstan And Russia

Author

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  • György Simon, Jr

Abstract

The article gives a general overview of the process of forming a customs union among three Soviet successor states – Belarus, Kazakhstan and Russia. Following some theoretical considerations, the author outlines the evolution of the idea of customs union within the CIS. Thereafter, he analyses the economic situation in its member states, with particular emphasis on their structural problems, economic efficiency and trade characteristics. He comes to the conclusion that the foregoing results have not helped diversify the economic structure of its participants and lessen their import dependence. Moreover, the declining level of intra-trade does not bode well for the future of this organisation, while the situation is further complicated by the negative impact of the present global crisis and increasing geopolitical rivalry in the region.

Suggested Citation

  • György Simon, Jr, 2010. "On The Customs Union Of Belarus, Kazakhstan And Russia," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 55(184), pages 7-28, January –.
    • Handle: RePEc:beo:journl:v:55:y:2010:i:184:p:7-28
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    References listed on IDEAS

    as
    1. World Bank, 2002. "Transition, The First Ten Years : Analysis and Lessons for Eastern Europe and the Former Soviet Union," World Bank Publications - Books, The World Bank Group, number 14042.
    2. Emanuel Ornelas, 2007. "Exchanging market access at the outsiders' expense: the case of customs unions," Canadian Journal of Economics, Canadian Economics Association, vol. 40(1), pages 207-224, February.
    3. Michalopoulos, Constantine & Tarr, David, 1997. "The economics of customs unions in the Commonwealth of Independent States," Policy Research Working Paper Series 1786, The World Bank.
    4. Facchini, Giovanni & Silva, Peri & Willmann, Gerald, 2013. "The customs union issue: Why do we observe so few of them?," Journal of International Economics, Elsevier, vol. 90(1), pages 136-147.
    5. Boris Najman & Richard Pomfret & Gael Raballand, 2007. "The Economics and Politics of Oil in the Caspian Basin," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00266724, HAL.
    6. Svetlana Glinkina, 2008. "Russian ideas on integration within the CIS space: how do they match or clash with EU ideas?," IWE Working Papers 182, Institute for World Economics - Centre for Economic and Regional Studies.
    7. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 28241.
    8. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 11855.
    9. Kalyuzhnova, Yelena & Nygaard, Christian, 2008. "State governance evolution in resource-rich transition economies: An application to Russia and Kazakhstan," Energy Policy, Elsevier, vol. 36(6), pages 1829-1842, June.
    10. Richard Pomfret, 2005. "Kazakhstan's Economy since Independence: Does the Oil Boom Offer a Second Chance for Sustainable Development?," Europe-Asia Studies, Taylor & Francis Journals, vol. 57(6), pages 859-876.
    11. Kemp, Murray C. & Wan, Henry Jr., 1976. "An elementary proposition concerning the formation of customs unions," Journal of International Economics, Elsevier, vol. 6(1), pages 95-97, February.
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    Cited by:

    1. György Simon, Jr, 2010. "Technical Progress And Its Factors In Russia’S Economy," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 55(186), pages 7-41, July – Se.

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    More about this item

    Keywords

    economic integration; transition; Newly Independent States;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General

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