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Theoretical model of the Trade integration in the CiS region

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  • I. Gurova

Abstract

The paper analyzes the main tenets of economic integration theory in order to reveal the features of the CIS regional integration and propose approaches of its theoretical model development. Quantitative methods have been used to assess the effects of creation and trade diversion, the relationship between bilateral exports, investment and technology exchange. It is established that the integration of the CIS deviates from the traditional model. At the lower stage it is accompanied by deepening cooperation in various sectors that have an effect on trade integration. Thus in contrast to the model of the European Union, it is a “non-linear” one. It is argued that the integration policy in the CIS region must be changed: more attention should be paid to the investment and trade agenda instead of trade.

Suggested Citation

  • I. Gurova, 2014. "Theoretical model of the Trade integration in the CiS region," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 1.
    • Handle: RePEc:nos:voprec:y:2014:id:609
    DOI: 10.32609/0042-8736-2014-1-130-143
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    Cited by:

    1. Ndubuisi O. Chukwu & Ambrose Nnaemeka Omeje & Kasie Emmanuel Ofoezie & Michael Okike Ugwu & Augustine Jideofor Mba, 2024. "Impact of Free Trade Area on Trade, Revenue and Welfare in Nigeria," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 16(1), pages 81-97, January.

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