Effects of economic integration of the Eurasian economic Union
Natalya Yu. Sopilko
Abstract
Natalya Yu. Sopilko
Abstract
The analysis of various approaches to assessing of economic integration effects of countries in international practice is introduced in the paper. The analysis of the main macroeconomic indicators of the member countries of the Eurasian Economic Union (EEU) is presented for defining the possibility of their using in the calculations of qualitative and quantitative effects of economic integration in the region. An assessment of economic integration effects of the EEU member countries is given, and conclusions are made on the future prospects of the Eurasian Economic Union.
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The analysis of various approaches to assessing of economic integration effects of countries in international practice is introduced in the paper. The analysis of the main macroeconomic indicators of the member countries of the Eurasian Economic Union (EEU) is presented for defining the possibility of their using in the calculations of qualitative and quantitative effects of economic integration in the region. An assessment of economic integration effects of the EEU member countries is given, and conclusions are made on the future prospects of the Eurasian Economic Union.
Key concepts: Economic union, Economic integration, Customs union, Member states, European union, International trade, Economics, Development economics