The Role of the Eurasian Economic Union in the Formation of Great Eurasia

DOI: 10.20542/0131-2227-2018-62-4-5-24

A. Dynkin (,
Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation;
E. Telegina (,
Gubkin Russian State University of Oil and Gas (National Research University), 65, Leninskii Prosp., 119991, Moscow, Russian Federation;
G. Khalova ( ,
Gubkin Russian State University of Oil and Gas (National Research University,) 65, Leninskii Prosp., 119991, Moscow, Russian Federation 

Abstract. The article considers the concept of “Great Eurasia” as a result of the synergy of economic integration, political cooperation and ensuring the security of Eurasian states through realization of the EAEU integration model, cooperation on SCO, development of the Chinese “One Belt, One Road” Initiative, as well as bilateral cooperation of states and companies. The authors analyze resource, economic and human potential of the EAEC countries, economic development of the association, strengths and weaknesses of the integration association, propose a new approach to the definition of vectors for the development of economic and energy integration amid the formation of a new economic reality. The article considers the current state of the largest Eurasian economies – China and India, structural problems and complexities that emerged as a result of the implementation of models for their economic development. The authors assess the main parameters of the “One Belt, One Road” Initiative, review new opportunities of its connection with the EAEC integration model and other international projects in “Great Eurasia” in relation to changes in mechanisms of international and energy cooperation on the continent. 

Keywords: Eurasian Economic Union, Shanghai Cooperation Organization, “One Belt, One Road” Initiative, Great Eurasia, synergistic effect 


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For citation:
Dynkin A., Telegina E., Khalova G. The Role of the Eurasian Economic Union in the Formation of Great Eurasia. World Eonomy and International Relations, 2018, vol. 62, no. 4, pp. 5-24.

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