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Features of Eurasian integration processes

https://doi.org/10.46914/1562-2959-2020-1-4-34-38

Abstract

The formation of the EAEU was initially associated with the task of jointly providing competitive advantages in the global economy. However, today it is becoming increasingly clear that the solution to this problem is being carried out inconsistently. The goal of the article is to investigate the main factors that determine the lack of consistency in the development of integration processes on the basis of system analysis. It is concluded that in many respects their manifestation is determined by the prevalence of political aspects over economic ones. Indeed, the practice of recent years shows that the Eurasian Economic Union is developing at an insufficient pace and not without internal contradictions with the declared goals and principles. They were especially exposed during the formation of a longterm development strategy for the period up to 2025. It must be admitted that in recent years, political aspects have increasingly come to the fore, pushing aside a purely economic agenda. Moreover, the EEC, in addition to the idea of a single currency and a single supranational bank, is persistently advancing the expansion of its powers in supranational regulation of such spheres as healthcare, education and other social areas of development. This, in our opinion, is the main risk for the union. At the same time, the successful development of well-known world integration associations is based on the unconditional priority of the principles of economic integration. Proposals are being made to ensure the sustainable development of the association, taking into account the balanced interests of member states and reduce possible risks.

About the Author

Kh. K. Kussainov
International Informatization Academy
Russian Federation
d.e.s., professor, academician


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Review

For citations:


Kussainov Kh.K. Features of Eurasian integration processes. Bulletin of "Turan" University. 2020;(4):34-38. (In Russ.) https://doi.org/10.46914/1562-2959-2020-1-4-34-38

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)