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Eurasian Economic Union: present and future perspectives

Azimzhan Khitakhunov (), Bulat Mukhamediyev () and Richard Pomfret
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Azimzhan Khitakhunov: Al-Farabi Kazakh National University

Economic Change and Restructuring, 2017, vol. 50, issue 1, 59-77

Abstract: Abstract This paper analyzes the economic and political situation in the Eurasian Economic Union. The basic question is why it was created after the failure of all previous integration projects in the Commonwealth of Independent States and Central Asian region? The paper examines the effects and opportunities for the regional economy of economic sanctions imposed on Russia and of Russian counter-sanctions. It also analyzes relations between the Eurasian Economic Union and the European Union and draws perspectives and policy implications for their future relations.

Keywords: Eurasian Economic Union; Regional integration; Sanctions (search for similar items in EconPapers)
JEL-codes: F15 F51 O57 (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:kap:ecopln:v:50:y:2017:i:1:d:10.1007_s10644-016-9182-1