State and level of development of integration processes in the EAEU as components of economic security of integration association

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Abstract

The article deals with the state and level of development of integration processes in the Eurasian Economic Union and their impact on economic security of integration association on the basis of a range of indicators, such as the share of a member country of integration in trade, exports, imports of each of the member countries, the share of a member country of integration in foreign direct investment, in the total volume of FDI received in each of the member countries. On the basis of the assessment of the EEU integration processes development, threats to its economic security are identified: different level of economic development of the members states; preservation of the export-raw material model of development of Russia, Kazakhstan and Kyrgyzstan; low competitiveness of products of most manufacturers; virtually no trade and investment cooperation between Belarus and Armenia, Kazakhstan and Armenia, Kyrgyzstan and Armenia, Belarus and Kyrgyzstan, Kazakhstan and Belarus. Most of the problems have a root cause - unsolved internal economic problems of the EEU, aggravating and strengthening the impact of external threats.

About the authors

Alexander B. Melnikov

Kuban State Agrarian University named after I.T. Trubilin

Author for correspondence.
Email: melnikovalexander@hotmail.com

Doctor of Economics, Professor, Head of the Department of Economics and Foreign Economic Activity of the Faculty of Economics

13 Kalinina St., Krasnodar, 350044, Russian Federation

Yulia A. Markevich

Kuban State Agrarian University named after I.T. Trubilin

Email: melnikovalexander@hotmail.com

applicant of the Department of Economics and Foreign Economic Activity of the Faculty of Economics

13 Kalinina St., Krasnodar, 350044, Russian Federation

Natalia V. Falina

Kuban State Agrarian University named after I.T. Trubilin

Email: falinanv@mail.ru

PhD in Economics, Associate Professor of the Department of Economics and Foreign Economic Activity of the Faculty of Economics

13 Kalinina St., Krasnodar, 350044, Russian Federation

References

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  2. Andronova, I.V., Belova, I.N., Ganeeva, M.V., & Moseikin, Yu.N. (2018). Scientific and technical cooperation within the EAEU as the most important factor of loyalty of the population of participating countries to the integration association and its attractiveness for new members. RUDN Journal of Sociology, 18(1), 117–130. (In Russ.)
  3. Falina, N.V., & Slastenko, E.S. (2017). The current state and features of the development of foreign and mutual trade of the members-states of the Eurasian Economic Union. Multidisciplinary network electronic scientific journal of Kuban State Agrarian University, (130), 680–694.
  4. Gusakov, N.P., & Andronova, I.V. (2014). Unified industrial policy: foreign practice and experience of the CES countries. Bulletin of the Peoples’ Friendship University of Russia. Series: Economics, (3), 5–17. (In Russ.)
  5. Melnikov, A.B., & Falina, N.V. (2018). Problems and prospects of development of economic cooperation of the members-states of the Eurasian Economic Union: Monograph. Krasnodar, Kuban State Agrarian University. (In Russ.)
  6. Melnikov, A.B., & Romanenko, R.G. (2014). Investment climate and capital outflow in the system of main risks of stability of the Russian economy. Multidisciplinary network electronic scientific journal of Kuban State Agrarian University, (100), 1098–1117.
  7. Melnikov, A.B., & Skomoroshchenko, A.A. (2016). Foreign economic aspects of food security of the Russian Federation: Monograph. Krasnodar, Kuban State Agricultural University, Fund “Education. Science. Innovations”.

Copyright (c) 2020 Melnikov A.B., Markevich Y.A., Falina N.V.

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