Systema Indikatorov Evraziyskoy Integracii
[The System of Indicators of Eurasian Integration]
For almost two decades, regional integration in the post-Soviet space has remained one of the most talked about issues of economic policy. There are hundreds of initiatives and projects that aim for deepened co-operation between countries in the region. At the same time, to determine the effectiveness of integration strategies a comprehensive system is needed to monitor and assess the current processes of economic, political and social interaction between countries. This can be done with the help of a system of quantitative and qualitative indicators of regional integration. It is intended that the EDB’s System of Indicators of Eurasian Integration (SIEI) should become an instrument to monitor and assess regional integration projects in the post-Soviet space. The SIEI consists of nine general and two consolidated indices that are aimed at assessing integration in the region, and cover various aspects of the regional integration process. The SIEI is built around several sets of indicators, including the integration of trade and labour markets, and co-operation in key functional areas (agriculture, education, and energy); convergence of the main characteristics of the post-Soviet economies; and qualitative performance parameters of the CIS integration groupings developed based on an expert poll. The results are valuable for the assessment of both the integration process during the last decade and the potential for integrational interaction between the countries. The SIEI includes a broad range of indices that reflect both country-to-country interaction and integration in the post-Soviet space as a whole and in its sub-regions.
|Date of creation:||Dec 2009|
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