IDEAS home Printed from https://ideas.repec.org/a/ids/ijtrgm/v19y2024i2p148-173.html
   My bibliography  Save this article

The current sustainability and future of the Eurasian Economic Union

Author

Listed:
  • Nurlan Aitkaliuly Nurseiit

Abstract

Purpose: The purpose of this paper is to study the current situation and prospects for the future of the Eurasian Economic Union (EAEU) since its total trade turnover decreased by 25.8% between 2014 and 2020. Design methodology/approach: The assessment of foreign trade in the EAEU countries was based on an analysis of its overall dynamics and structure for 2015-2020. To assess the stability and success of the union, the method of calculation of the nominal and real convergence was used. Findings: Only new members of the EAEU show a clear trend towards nominal and real convergence, but not old ones. The process of divergence began to manifest itself earlier than in the EU, mainly for political reasons. Practical implications: Revealing the nature of the EAEU helps to predict its development in the future. Originality: This study contributes to understanding the sustainability of development and the future of the EAEU.

Suggested Citation

  • Nurlan Aitkaliuly Nurseiit, 2024. "The current sustainability and future of the Eurasian Economic Union," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 19(2), pages 148-173.
    • Handle: RePEc:ids:ijtrgm:v:19:y:2024:i:2:p:148-173
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=137727
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijtrgm:v:19:y:2024:i:2:p:148-173. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=130 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.