EAEU and Greater Eurasia: mission impossible?

Jacopo Maria Pepe

Chapter 13 in The Elgar Companion to the Eurasian Economic Union, 2024, pp 177-190 from Edward Elgar Publishing

Abstract: The chapter discusses the origin, development and perspectives of the Greater Eurasian concept as well as the role the Eurasian Economic Union plays in it. It argues that while the GEP’s idea of a partnership across the entire continent might have a solid geopolitical and economic rationale, it has so far failed to bear fruit and explains why its impact on the EAEU’s further development of its relations with other integration initiatives, beyond China’s BRI and the EU has been so far limited, mainly due to Russia’s own historically ambiguous understanding of regional integration and its structural economic weakness. It also discusses why the war in Ukraine, while depriving Russia of the European option, not only leaves Russia with only one (Asian) option, but has also redefined the balance of power inside the EAEU, leaving Moscow more isolated, weakened and even more asymmetrically dependent on China..

Keywords: Asian Studies; Economics and Finance; Law - Academic; Politics and Public Policy (search for similar items in EconPapers)
Date: 2024
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