No. 170: Eurasian Economic Union: A 6 months report

Author(s): Gennady Chufrin, Maria Lagutina, Kateryna Boguslavska
Editor(s): Stephen Aris, Matthias Neumann, Robert Orttung, Jeronim Perovic, Heiko Pleines, Hans-Henning Schröder, Aglaya Snetkov
Series: Russian Analytical Digest (RAD)
Issue: 170
Publisher(s): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen; Institute for European, Russian and Eurasian Studies, George Washington University
Publication Year: 2015

This edition considers what conclusions can be drawn from the first six months of the Eurasian Economic Union (EEU). Firstly, Gennady Chufrin evaluates the opportunities and challenges facing Eurasian economic integration, suggesting that the EEU has a fair chance of succeeding in the long-term, but that it will have to travel a difficult uphill road to do so. Secondly, Maria Lagutina assesses the EEU in light of wider processes of global regionalization, arguing that it should be seen as an attempt to construct a global region to ensure that Eurasia does not function solely as a raw-materials appendage and a set of peripheral states in the world economy. Thirdly, Kateryna Boguslavska examines the EEU's first six months in terms of macroeconomic development and economic trade relations, highlighting a number of trade disputes between its members and moves by some members to protect their national markets.

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