Economic models of Eurasianism and the Eurasian Union: why the future is not optimistic
By Vladimer Papava
October 29, 2015, The CACI Analyst
A new Russia-Kazakhstan regional project, named the Eurasian Economic Union (EAEU), was launched in 2015. Specifically, as of January 1, 2015, integrated economic processes among Belarus, Kazakhstan and Russia are governed by the EAEU Treaty. As of January 2, Armenia joined the EAEU and as of May 21, Kyrgyzstan also became a member. In 2011, after the President of Russia declared the establishment of the Eurasian Union, some politicians and experts perceived it as a final victory of Eurasianism ideology in Russia. Under such circumstances, there is a need to analyze the economic models of Eurasianism and the Eurasian Union for a better understanding of their future.
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