The Eurasian Economic Union as a New Stage in International Integration

Abstract

Setting-up and development of international integration blocks (The EU, BRICS, ShOC, CIS and others) demonstrate that isolated development of any country, including Russia in today’s conditions is impossible. The article discusses issues of objective necessity of regional integration in the world, in particular the Eurasian Economic Union (EAEU), an economic union established on the post-soviet territory as a new step in international integration, its specific features, history, essence and characteristics, key lines in its development in today’s conditions. Special attention is paid to analyzing social and economic development of member - states of this association on the basis of well-known international ratings. Such issues as index of business doing, index of education level are studied thoroughly. The authors analyzed a great volume of historic, statistic and analytical material and put forward conclusions and recommendations within the frames of this article.

Keywords

• globalization
• regional integration
• eurasianness
• the customs union
• competitiveness
• gdp
• business environment
• rating
• index
• criterion
• concept of human development