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Eurasian Economic Union: present and future perspectives

Author

Listed:
  • Azimzhan Khitakhunov

    (Al-Farabi Kazakh National University)

  • Bulat Mukhamediyev

    (Al-Farabi Kazakh National University)

  • Richard Pomfret

    (University of Adelaide
    The Johns Hopkins Bologna Center)

Abstract

This paper analyzes the economic and political situation in the Eurasian Economic Union. The basic question is why it was created after the failure of all previous integration projects in the Commonwealth of Independent States and Central Asian region? The paper examines the effects and opportunities for the regional economy of economic sanctions imposed on Russia and of Russian counter-sanctions. It also analyzes relations between the Eurasian Economic Union and the European Union and draws perspectives and policy implications for their future relations.

Suggested Citation

  • Azimzhan Khitakhunov & Bulat Mukhamediyev & Richard Pomfret, 2017. "Eurasian Economic Union: present and future perspectives," Economic Change and Restructuring, Springer, vol. 50(1), pages 59-77, February.
  • Handle: RePEc:kap:ecopln:v:50:y:2017:i:1:d:10.1007_s10644-016-9182-1
    DOI: 10.1007/s10644-016-9182-1
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    Cited by:

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    2. Azhar SERIKKALIYEVA & Kanat MAKHANOV, 2021. "The Eurasian Economic Union as part of Eurasian (dis)integration," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 12, pages 276-290, June.
    3. Vasilyeva, Olga, 2021. "Agro-food clusters in the Republic of Kazakhstan: assessment and prospects of development," Economic Consultant, Roman I. Ostapenko, vol. 34(2), pages 13-20.
    4. Sanjeev Vasudevan & M. Suresh Babu, 2021. "Global production sharing and trade effects: an analysis of Eurasian Economic Union," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 11(4), pages 633-665, December.
    5. Falkowski Krzysztof, 2017. "Long-Term Comparative Advantages of the Eurasian Economic Union Member States in International Trade," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 53(4), pages 27-49, December.
    6. K. Czerewacz-Filipowicz & A. Konopelko, 2020. "Can the EAEU Deliver External Integration to Business?," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 515-528.
    7. Stephen, Matthew D., 2020. "China's new multilateral institutions: A framework and research agenda," Discussion Papers, Research Unit: Global Governance SP IV 2020-102, WZB Berlin Social Science Center.

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    More about this item

    Keywords

    Eurasian Economic Union; Regional integration; Sanctions;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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