EURASIAN ECONOMIC INTERGATION: PROBLEMS AND PROSPECTS.

Author:Kovaleva, Valentina Danilovna
Position:Report
 
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INTRODUCTION

The creation of the Belarus-Kazakhstan-Russia Customs Union on 1st January 2010 was the beginning of forming the Eurasian Economic Union of the republics of the former Soviet Union (Agreement on the customs code of the customs union) to strengthen economic ties the Eurasian Economic Commission (EEC) was created on 19th November 2011 (Commission of the customs union). The economic integration of Belarus, Kazakhstan and Russia was contributed by the ratification of the basic package including 17 agreements regulating the work of the United Economic Space (UES) on 1st January 2012 (Official site of the Eurasian economic community).

The treaty on the creation of the Eurasian Economic Union was signed by the presidents of these countries on 29th May 2014 in the capital of Kazakhstan, Astana; on 1st January 2015 this union started functioning in Russia, Belarus and Kazakhstan, on 2nd January 2015 Armenia became the member of the EAEU and on 12th August 2015 Kirghizia joined it as well.

The creation of the Eurasian Economic Union involves comprehensive modernization, cooperation, increasing competitiveness of national economies and the creation of conditions contributing to the stable socio-economic development of the EAEU in order to raise living standards of the population (The legal basis of the common economic space fully takes into account the national interests of Kazakhstan).

METHODOLOGY

The methodological basis of the study was the dialectical approach to cognition of phenomena and patterns of socio-economic relations of the countries of the post-Soviet space in their interconnection and interdependence while creating the Eurasian Economic Union. The research is also based on the theories and methodologies presented in the fundamental works on the problems of economic integration of Russian and foreign scientists.

Classical works in this field include works by Leontyev (1990); Marx (2007); Porter (2005); Fukuyama (2004); Helpman (1981); Schumpeter (1982). Researches by Soros (2004); Stiglitz (2003); Huntington (2005) serve an important stage in the development of the international integration theory in view of the establishment of global economy. Scientific concepts on integration by Abalkin (2000); Arbatov (2002) were formed in the Soviet period, however, in the USSR international relations in general and integration processes in particular were studied as a part of ideology agenda that restricted the development of theoretical approaches towards the analysis of international economic integration. The collapse of the USSR stimulated the development of research in this field in post-Soviet countries. A significant theoretical contribution to the formation of teachings on the patterns of international economic integration in post-Soviet space was made by Glazyev (2014) and Kochetov (2012).

In our opinion that do not contradict the concept developed by the economists of the Eurasian Economic Commission (EEC), the main point of the Eurasian economic integration is to achieve synergetic effect of uniting the potentials of member countries. This implies that the cooperation in the EAEU will provide each country with the financial result exceeding the one achieved by each country separately (Kovaleva, 2015).

The use of theoretic approaches and the concept of economic integration combined with the principles of social and cause-and-effect approaches enabled to investigate the problem of economic integration in the process of creating and developing of the EAEU at a sufficiently high scientific level.

In the work the methods of systematic analysis were implemented that included a complex of general scientific methods (system, complexity, dialectics, induction and deduction, analysis and synthesis), methods of morphological analysis (management by objectives), logical modelling. The methodological unity of the consistency and complexity of economic analysis is manifested in the unity of political and economic, economic and social, economic-social-ecological approaches; in the unity of the whole and its parts; in the development of a united, universal system of indicators; in the use of all kinds of economic information.

A thorough and comprehensive political economy analysis of productive forces and relations in early capitalism in all manifestations and interrelations was carried out by Marx (2007). The methodology of such an analysis as the dialectal approach towards investigating economic phenomena, processes and categories served as a basis of the study of integration processes in the EAEU. The consistency involves the consideration of each object-participant country as a part of a more complex system, EAEU. The complexity (from Lat. Complexus-connection) consists in completeness, consistency and interrelation of analysing, planning and managing integration processes of the EAEU countries. Induction is a logical means that consists in original cognition of particular...

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