Methodological Approach to the Study of International Economic Integration Influence on Development of the EAEU Members

D.A. Shelestova (), M.S. Tolstel () and E.S. Starostina ()
Additional contact information
D.A. Shelestova: Volgograd State University, Russia
M.S. Tolstel: Volgograd State University, Russia
E.S. Starostina: Volgograd State University, Russia

No 110/2017, Working Papers from Institute of Economic Research

Abstract: Research background: In modern conditions the international integration processes act as pledge of a sustainable development of the states, activization of investment cooperation, implementation of joint perspective projects. The emergence of new international economic integration organizations predetermines the need to rethink the patterns of development models of international economic integration processes, especially in the context of their impact on the economies of the participating countries. The analysis methods for assessing the effects of the international economic integration (Bergeijk, Brakman (2010), Blomstrom, Kokko (1997), Kepaptsoglou, Karlaftis, Tsamboulas (2010), Michalopoulos, Tarr (1997), Plummer, Cheong, Hamanaka (2010), Zwinkels, Beugelsdijk (2010), Vinokurov (2010) shows that none of them alone doesn’t allow a comprehensive assessment of the regional integration effects. Therefore, in the presence of statistical and other relevant information necessary to use the methods of quantitative analysis in the complex, taking into account their strengths and weaknesses, opportunities and constraints. Purpose of the article: The purpose of the study is to develop the theoretical foundations and development of methodology for assessing the impact of international economic integration in the socio-economic development of the participating countries (for example, the Eurasian Economic Union (EAEU)). Methodology/methods: The authors created methodological approach to the study of influence of international economic integration on development of the EAEU members based on reaching of target indexes of international movement of goods, services and factors of production. Findings & Value added: Depending on the value of the integral indicator, the authors list four levels of the economic potential of the countries participating in the EAEU. The presented methodological approach allows to early diagnose problem areas and to choose from a variety of management solutions for its improvement.

Keywords: international economic integration; Eurasian Economic Union (EAEU); economic development; globalization; economic potential (search for similar items in EconPapers)
JEL-codes: C18 F02 F15 F36 F63 (search for similar items in EconPapers)
Date: 2017-05, Revised 2017-05
New Economics Papers: this item is included in nep-cis and nep-dcm
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.badania-gospodarcze.pl/images/Working_Papers/2017_No_110.pdf First version, 2017 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pes:wpaper:2017:no110

Access Statistics for this paper

More papers in Working Papers from Institute of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Adam P. Balcerzak ( this e-mail address is bad, please contact ).