Eurasian Economic Union - Time for Modernization

Eurasian Economic Union Foundation: Issues of Global Regionalization

This paper is devoted to the theoretical conceptualization of political-economic processes within the Eurasian Economic Union. The author elaborates on this project within the framework of “global regionalization” and regards it as a fledging “global region.” In this paper, the European Union is analyzed as a model of the existing global region. The Eurasian region also has its own specific tra...

Why the European Union Should Talk with the Eurasian Economic Union

Regionalism and its Economic Effects on Iran in a Computable General Equilibrium (CGE) Model:A Case Study of the Eurasian Economic Union (EAEU)

Over the last three decades, membership in regional trade arrangements has become one of the most important tools of trade diplomacy. Regional agreements bring a lot of benefits for the member countries through reducing barriers and restrictions. Considering the signing of the Interim PTA Agreement between Iran and Eurasia and its effects, this study aimed to investigate the economic effects of...

Brezhnev's Economic Choice: More Weapons and Control or Economic Modernization

At the December 1969 Plenum of the Soviet Communist Party (CPSU), Leonid Brezhnev made it a matter of record that improved economic performance was a first order agenda item for the Party. From that date to the once postponed 24th Party Congress in March 1971 a Soviet style policy debate appeared to rage on the contents of the Ninth Five-Year Plan for the period 197 1-75 inclusive. The discussi...

Monetary Union, Entry Conditions and Economic Reform

This paper models the behaviour of a potential entrant into a monetary union where there is an inflation entry condition. In addition to making a monetary policy decision during a qualifying period, the potential entrant must make a decision about structural reform. The paper shows that the entry condition can have two undesirable effects. First, it can lead to multiple equilibria because infla...