Creating a Eurasian Union [electronic resource] : Economic Integration of the Former Soviet Republics /
Vymyatnina, Y.author.
Antonova, D.author.
Creating a Eurasian Union offers a detailed analysis of the economies of the Customs Union of Russia, Belarus, and Kazakhstan and the proposed Eurasian Union. The authors employ econometric analysis of business cycles and cointegration analysis to prove the fragility of the union's potential economic success. By providing a brief description of the economic integration of the former Soviet republics, this pioneering work analyses the on-going trial and error processes of market integration led by Russia. Vymyatnina and Antonova's distinctive argument is the first consistent analysis of the emerging Eurasian Union. They incorporate both a non-technical summary of the integration process and previous research and analytical comments, as well as a thorough empirical analysis of the real data on the economic development of the participating countries, to caution that the speed of integration might undermine the feasibility of the Eurasian Union.
Description based upon print version of record.
Cover; Title; Copyright; Contents; List of Figures; List of Tables; Acknowledgments; List of Abbreviations; Introduction; 1 Post-Soviet Integration: Fictive and Derivative; Ex-USSR Integration-A Political Viewpoint; The Early Stage of Integration (1991-1993); The Stage of Deepening Transition (1993-Beginning of 2000s); The Posttransition Stage (2000s); Ex-USSR Integration-An Economic Viewpoint; Economic Eff ects of Potential Integration of Russia and Belarus; Analysis of the Customs Union; Consequences of Trade Integration: Th e Case of the Customs Union
Business Cycles Synchronization and Increased Trade Integration-Literature ReviewTrade Developments in the Customs Union; Economic Situation and Macroeconomic Policies in the CU countries; Official Rhetoric and General Attitude to the Customs Union and the Common Economic Area; 2 Business Cycles Synchronization of Russia, Belarus, and Kazakhstan; Methodology and Data; Business Cycles Synchronization: Results; Cointegration Analysis; Filters; Measures of Business Cycles Synchronization; Conclusions and Policy Recommendations
Appendix 1: Additional Information on the Customs Union Trade (2011-2012)Appendix 2: Data Sources; Appendix 3: Integration, Fractional Integration, Cointegration of Real De-trended GDP; Appendix 4: More Results on Business Cycles and Correlations Analysis (Graphic Representation); Appendix 5: Business Cycles Correlation: GDP, GDP Decomposition, and Growth Rates; Appendix 6: VAR, Variance Decomposition, and Impulse-Response Analysis of Real GDP and GDP Decomposition; Notes; Bibliography; Index
Includes bibliographical references and index.
Creating a Eurasian Union offers a detailed analysis of the economies of the Customs Union of Russia, Belarus, and Kazakhstan and the proposed Eurasian Union. The authors employ econometric analysis of business cycles and cointegration analysis to prove the fragility of the union's potential economic success. By providing a brief description of the economic integration of the former Soviet republics, this pioneering work analyses the on-going trial and error processes of market integration led by Russia. Vymyatnina and Antonova's distinctive argument is the first consistent analysis of the emerging Eurasian Union. They incorporate both a non-technical summary of the integration process and previous research and analytical comments, as well as a thorough empirical analysis of the real data on the economic development of the participating countries, to caution that the speed of integration might undermine the feasibility of the Eurasian Union.
Regional economics.
Spatial economics.
Economic theory.
Public finance.
Economic policy.
Economic growth.
Econometrics.
Regional/Spatial Science.
Economic Theory/Quantitative Economics/Mathematical Methods.
Public Economics.
Economic Policy.
Economic Growth.
Econometrics.