Eurasian Economic Union under the Economic Uncertainty and Geopolitical Transformation

Elima A. Israilova, Dmitry K. Remizov, Natalia N. Reshetnikova and Zhanna V. Gornostaeva

Chapter 8 in Climate-Smart Innovation:Social Entrepreneurship and Sustainable Development in the Environmental Economy, 2023, pp 121-136 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The chapter analyzes the consequences of the COVID-19 crisis, which affected the development of the world economy and integration processes, specifically on the integration of the Eurasian Economic Union (EAEU). We used the data presented in the analytical report of the International Monetary Fund Prospects for the development of the world economy (WEO). During the research, we applied empirical (observation and comparison) and theoretical (analysis and synthesis), and formal-logical research methods (induction). The authors formulated the tasks and objectives of the research. The authors concluded that the development and achievement of sustainable development goals in the EAEU space proceed under economic uncertainty and geopolitical transformation conditions. Nevertheless, its further strengthening and prosperity are facilitated by the aspiration, common goals, values, and guidelines of the heads of state and observers, which influence the effective development of the Union.

Keywords: Climate-smart Innovation; Social Entrepreneurship; Sustainable Development; Environmental Economy; Green Economy; Environmental Marketing; Green Entrepreneurship Practices; COVID-19; Regional Economy; Natural Territory (search for similar items in EconPapers)
JEL-codes: L26 L31 Q01 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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