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RUSSIA AND THE EURASIAN ECONOMIC UNION: CONFLICTING INCENTIVES FOR AN INSTITUTIONAL COMPROMISE

Irina Busygina () and Mikhail Filippov ()
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Irina Busygina: National Research University Higher School of Economics
Mikhail Filippov: National Research University Higher School of Economics

No WP BRP 31/IR/2018, HSE Working papers from National Research University Higher School of Economics

Abstract: The Eurasian Economic Union (EAEU) is the first and relatively successful attempt to establish strong multilateral institutions of post-Soviet regional integration. The EAEU has greater scope of supranationalism compared to all previous post-Soviet integration projects and the Union’s multilateral institutions are based on the formal recognition of equal status of all the members. However, such a union is unlikely to promote the Russian economic and political dominance in the region, at least compared to what would be attainable through bilateral deals. On contrary, the post-soviet countries got opportunities to act more independently from Russia. We argue that it was the Ukrainian crisis in spring 2014 and the need to promote the domestic image of Russia as “great power” that created incentives for Russian leadership to accept institutional compromises necessary to initiate the Eurasian Economic Union.

Keywords: Domestic Legitimacy; Eurasian Economic Union; Incentives; Belarus; Kazakhstan; Russia; Bilateral Relations; Multi-lateral Relations; Sovereignty; Ukraine crisis. (search for similar items in EconPapers)
JEL-codes: D74 F02 F15 P30 P48 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis and nep-tra
Date: 2018
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Published in WP BRP Series: International Relations / IR, December 2018, pages 1-23

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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:31/ir/2018

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