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Russia And The Eurasian Economic Union: Conflicting Incentives For An Institutional Compromise

Author

Listed:
  • Irina Busygina

    (National Research University Higher School of Economics)

  • Mikhail Filippov

    (National Research University Higher School of Economics)

Abstract

The Eurasian Economic Union (EAEU) is the first and relatively successful attempt to establish strong multilateral institutions of post-Soviet regional integration. The EAEU has greater scope of supranationalism compared to all previous post-Soviet integration projects and the Union’s multilateral institutions are based on the formal recognition of equal status of all the members. However, such a union is unlikely to promote the Russian economic and political dominance in the region, at least compared to what would be attainable through bilateral deals. On contrary, the post-soviet countries got opportunities to act more independently from Russia. We argue that it was the Ukrainian crisis in spring 2014 and the need to promote the domestic image of Russia as “great power” that created incentives for Russian leadership to accept institutional compromises necessary to initiate the Eurasian Economic Union.

Suggested Citation

  • Irina Busygina & Mikhail Filippov, 2018. "Russia And The Eurasian Economic Union: Conflicting Incentives For An Institutional Compromise," HSE Working papers WP BRP 31/IR/2018, National Research University Higher School of Economics.
    • Handle: RePEc:hig:wpaper:31/ir/2018
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    More about this item

    Keywords

    Domestic Legitimacy; Eurasian Economic Union; Incentives; Belarus; Kazakhstan; Russia; Bilateral Relations; Multi-lateral Relations; Sovereignty; Ukraine crisis.;
    All these keywords.

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration
    • P30 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - General
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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