“Swinging on a Pendulum”

Vasilyan, Syuzanna

doi:10.1080/10758216.2016.1163230

Cited by 35 publications

(2 citation statements)

References 2 publications

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“…Academic research in the region primarily focuses on the EAEU as the sole long-term determinant of trade relationships (Tarr 2016;Bagdasarian and Pakhomov 2016;Vasilyan 2017). Analyzing the literature on the WTO's impact on each individual country, a study of the Kyrgyz Republic suggest that the impact of WTO membership is associated with the growth rate in the years following accession (Mogilevskii 2004).…”

Section: Literature Reviewmentioning

confidence: 99%

Assessing the Effect of Joining the World Trade Organization on Trade Performance: A Study of CIS Countries

Tanaguzova,

Nanovsky,

Orazgaliyev

2023

Economies

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This research delves into the impact of World Trade Organization (WTO) membership on trade dynamics in the Commonwealth of Independent States (CIS) region, focusing on the potential augmentation or diversion of trade resulting from CIS countries’ WTO accession. The study context is grounded in the interplay between regionalism, represented by regional trade agreements and historical connections, and global integration facilitated by WTO membership. The study also scrutinizes the potentially complicating role of the Eurasian Economic Union (EAEU) regional bloc, referencing the ‘Spaghetti Bowl’ phenomenon of overlapping trade agreements. The gravity model of trade serves as a conceptual foundation to understand the effects of WTO membership and regional trade agreements on trade costs. Empirical results suggest that WTO membership has not enhanced trade for the CIS. Instances of trade within the CIS region where there is only one WTO member have resulted in a positive trend, even though there is no robust evidence that it is due to WTO membership. The EAEU enhances trade and serves as a trading bloc within the region. This study highlights that while the WTO strives to foster trade liberalization and growth, its effects can be region-specific and complex, as demonstrated by the CIS region’s experience. The research also hints at the importance of intra-regional trade and unique regional factors as critical determinants of trade patterns, which can enhance broader trade expansion and economic development.

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Section: Literature Reviewmentioning

confidence: 99%

Assessing the Effect of Joining the World Trade Organization on Trade Performance: A Study of CIS Countries

Tanaguzova,

Nanovsky,

Orazgaliyev

2023

Economies

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“…531-532). However, the Russian investments are mostly not greenfield investments, but acquisitions of existing enterprises, mostly related to energy and infrastructure (Vasilyan, 2017, pp. 36, Interview 10, 2019.…”

Section: Competitionmentioning

confidence: 99%

Moving towards developmental regionalism? industrial cooperation in the Eurasian Economic Union from an Armenian and Belarusian perspective

Eder

2020

Post-Communist Economies

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After two decades of meagre results in post-Soviet regionalism, the Eurasian Economic Union (EAEU) is the first gleam of hope. However, research on the EAEU is mostly Russia-centred and focused on trade issues, which leaves the small states' perspectives and developmental aspects, such as the EAEU's industrial cooperation agenda, understudied. The small states might disproportionately benefit from a shift towards developmental regionalism, but there are also many challenges associated with this issue. Thus, this paper examines Armenia's and Belarus' industrial development prospects in the framework of the EAEU. Based on Regulation Theory, the paper triangulates data from national, supranational and international organisations, official EAEU documents and reports with insights from 10 expert interviews with policy makers, policy advisers and management consultants. The paper identifies diverging (and sometimes conflicting) interests regarding the relevance and concrete arrangement of industrial cooperation, which has particular implications for smaller member states like Armenia and Belarus.

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Prospects for the Functioning of the New Customs Code of the Eurasian Economic Union

Smolina

Seryomina

2019

Contributions to Economics

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“Swinging on a Pendulum”

Cited by 35 publications

References 2 publications

Assessing the Effect of Joining the World Trade Organization on Trade Performance: A Study of CIS Countries

Assessing the Effect of Joining the World Trade Organization on Trade Performance: A Study of CIS Countries

Moving towards developmental regionalism? industrial cooperation in the Eurasian Economic Union from an Armenian and Belarusian perspective

Prospects for the Functioning of the New Customs Code of the Eurasian Economic Union

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