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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Economics</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Economics</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Экономика</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-2329</issn><issn publication-format="electronic">2408-8986</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">33082</article-id><article-id pub-id-type="doi">10.22363/2313-2329-2022-30-4-449-466</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>Economic integration and globalization</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>Экономическая интеграция и глобализация</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">EAEU and ASEAN: Reasons for differences in FDI inflows with similar integration models</article-title><trans-title-group xml:lang="ru"><trans-title>ЕАЭС и АСЕАН: причины различий притока ПИИ при схожих моделях интеграции</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-2474-3752</contrib-id><name-alternatives><name xml:lang="en"><surname>Demina</surname><given-names>Yulia A.</given-names></name><name xml:lang="ru"><surname>Демина</surname><given-names>Юлия Андреевна</given-names></name></name-alternatives><bio xml:lang="en"><p>Assistant of the Department of Socio-Economic Research and Regional Development</p></bio><bio xml:lang="ru"><p>ассистент департамента социально-экономических исследований и регионального развития</p></bio><email>demina.ia@dvfu.ru</email><xref ref-type="aff" rid="aff1"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">Far Eastern Federal University</institution></aff><aff><institution xml:lang="ru">Дальневосточный федеральный университет</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2022-12-30" publication-format="electronic"><day>30</day><month>12</month><year>2022</year></pub-date><volume>30</volume><issue>4</issue><issue-title xml:lang="en">NEW TRENDS, STRATEGIES AND STRUCTURAL CHANGES IN THE WORLD ECONOMY</issue-title><issue-title xml:lang="ru">НОВЫЕ ТРЕНДЫ, СТРАТЕГИИ И СТРУКТУРНЫЕ ИЗМЕНЕНИЯ В МИРОВОЙ ЭКОНОМИКЕ</issue-title><fpage>449</fpage><lpage>466</lpage><history><date date-type="received" iso-8601-date="2022-12-30"><day>30</day><month>12</month><year>2022</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2022, Demina Y.A.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2022, Демина Ю.А.</copyright-statement><copyright-year>2022</copyright-year><copyright-holder xml:lang="en">Demina Y.A.</copyright-holder><copyright-holder xml:lang="ru">Демина Ю.А.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">https://creativecommons.org/licenses/by-nc/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/economics/article/view/33082">https://journals.rudn.ru/economics/article/view/33082</self-uri><abstract xml:lang="en"><p style="text-align: justify;">In the modern world economy, we can observe, how some regional economic integration associations are becoming centers of attraction for foreign direct investment (FDI), while others are experiencing an acute shortage of them. This situation can be traced when comparing two integration groupings - the Association of Southeast Asian Nations (ASEAN) and the Eurasian Economic Union (EAEU). Information from various media and scientifi publications indicates that the EAEU, of which Russia is a member, today can hardly be called successful in attracting FDI. ASEAN, on the contrary, is the largest recipient of foreign capital among developing countries. In order to actually support this information and determine specifi quantitative discrepancies between the volume of FDI infl to the EAEU and the volume of FDI infl to ASEAN, relevant statistical data were analyzed. It has been proved that the infl of FDI to the EAEU, even during favorable periods of growth, was signifi lower than the infl of FDI to ASEAN. Such circumstances make you think about the reasons that cause them, and also raise additional questions. What are the competitive advantages in ASEAN for attracting FDI in comparison with the EAEU? What can the EAEU do to attract more FDI? To answer these questions, a comparative analysis of the EAEU and ASEAN was carried out, including two stages. The fi stage was to compare their main economic and geographical indicators, and the second stage was to compare them with the position of the motives of foreign investors. It is concluded that the main reasons for the diff in FDI infl to ASEAN and to EAEU are, fi , the stronger position of ASEAN in economic and geographical indicators, and, secondly, the availability of conditions in ASEAN to satisfy almost any of the motives of a foreign investor. The author gives brief recommendations to the supranational bodies of the EAEU on improving conditions for foreign investors.</p></abstract><trans-abstract xml:lang="ru"><p style="text-align: justify;">В современной мировой экономике мы можем наблюдать как некоторые региональные экономические интеграционные объединения становятся центрами притяжения прямых иностранных инвестиций (ПИИ), другие же испытывают острую их нехватку. Такая ситуация прослеживается при сопоставлении двух интеграционных группировок - Ассоциации стран Юго-Восточной Азии (АСЕАН) и Евразийского экономического союза (ЕАЭС). Информация из различных СМИ и научных публикаций указывает на то, что ЕАЭС, участником которого является Россия, на сегодняшний день трудно назвать успешным в деле привлечения ПИИ. АСЕАН же, наоборот, выступает крупнейшим реципиентом иностранного капитала среди развивающихся стран. Для фактического подкрепления этой информации и определения конкретных количественных расхождений между объемом притока ПИИ в ЕАЭС и объемом притока ПИИ в АСЕАН были проанализированы соответствующие статистические данные. Доказано, что приток ПИИ в ЕАЭС даже в благоприятные периоды роста был значительно ниже притока ПИИ в АСЕАН. Данные обстоятельства заставляют задуматься о причинах, их обуславливающих, а также вызывают дополнительные вопросы. Какие в АСЕАН имеются конкурентные преимущества для привлечения ПИИ в сравнении с ЕАЭС? что можно предпринять ЕАЭС, чтобы привлечь больший объем ПИИ? Для ответа на поставленные вопросы был проведен сравнительный анализ ЕАЭС и АСЕАН, включающий два этапа. Первый этап заключался в сравнении их основных экономико-географических показателей, а второй этап - в их сравнении с позиции мотивов иностранных инвесторов. Сделан вывод о том, что основными причинами различий притока ПИИ в АСЕАН и ЕАЭС являются, во-первых, более сильная позиция АСЕАН по экономико-географическим показателям, а во-вторых, наличие в АСЕАН условий для удовлетворения практически любого из мотивов иностранного инвестора. Автором даны краткие рекомендации наднациональным органам ЕАЭС по улучшению условий для иностранных инвесторов.</p></trans-abstract><kwd-group xml:lang="en"><kwd>regional economic integration association</kwd><kwd>EAEU</kwd><kwd>ASEAN</kwd><kwd>foreign direct investment</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>региональное экономическое интеграционное объединение</kwd><kwd>ЕАЭС</kwd><kwd>АСЕАН</kwd><kwd>прямые иностранные инвестиции</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><citation-alternatives><mixed-citation xml:lang="en">Akhmetzaki, Ye.Zh., &amp; Mukhamediyev, B.M. (2017). 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