2019
DOI: 10.1080/15387216.2019.1627232
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Deep integration in the Eurasian Economic Union: what are the benefits of successful implementation or wider liberalization?

Abstract: What are the potential gains to the members of the Eurasian Economic Union (EAEU) of successful deep integration through the reduction of time in trade costs, the reduction of non-tariff barriers in goods and the liberalization of barriers against foreign suppliers of services? We estimate that if the EAEU were to effectively implement its objectives for trade cost reduction, it would lead to welfare gains as a percent of consumption of 0.8% for Russia, 1.7% for Kazakhstan, 3.1% for Armenia and 4.8% for Belaru… Show more

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Cited by 27 publications
(5 citation statements)
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“…However, estimates show that significant progress in trade facilitation and reduction of non-tariff barriers could make the EAEU beneficial for all members. Moreover, the right to work for migrants or security agreements with Russia may be a dominant issue for Armenia and Kyrgyzstan (Knobel et al 2019). However, it is worth noting that existing non-tariff barriers and procedures have been reduced slightly (Tarr 2016).…”
Section: Opportunitiesmentioning
confidence: 99%
“…However, estimates show that significant progress in trade facilitation and reduction of non-tariff barriers could make the EAEU beneficial for all members. Moreover, the right to work for migrants or security agreements with Russia may be a dominant issue for Armenia and Kyrgyzstan (Knobel et al 2019). However, it is worth noting that existing non-tariff barriers and procedures have been reduced slightly (Tarr 2016).…”
Section: Opportunitiesmentioning
confidence: 99%
“…The lack of appetite for broader liberalization and the reliance on NTBs has meant that the Union has both underperformed in terms of its potential in fostering trade among its members (Gurova et al 2018;Knobel et al 2019) while at the same time erecting higher barriers to trade outside of the bloc (Khitakunov et al 2017) and pursuing external trade agreements with so many caveats as to be highly restrictive (Dragneva and Hartwell 2021). And yet, despite these issues, trade did in fact increase within the EaEU countries (Figure 1), mainly due to the fact that Belarus, Kazakhstan, Kyrgyzstan, and (to a lesser extent) Armenia were already highly reliant on trade with Russia (Gurova et al 2018), meaning any lowering of barriers was bound to improve already-existing links (Yarashevich 2020).…”
Section: The Eurasian Union and Tradementioning
confidence: 99%
“…The reasons were several, firstly it was strong centrifugal forces in the 1990s and the crisis in 1998 contributed significantly as well. The Customs Union was the first integration fiasco in the Eurasian region (Knobel et al, 2019).…”
Section: Literature Reviewmentioning
confidence: 99%