2019
DOI: 10.23932/2542-0240-2019-12-2-212-227
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The EAEU as Perceived by the Western Scientific and Expert Community (Bibliographic Essay)

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“…Financial development in the EAEU is uneven both in territories and in market segments, therefore financial integration should be a flexible, asymmetric and progressive process, in which the Russian Federation plays the leading role [2]. Characteristically, the discussion on this issue is mainly limited to the Union, without attracting noticeable attention from other countries [3]. The predominant share of the total financial assets of the EAEU countries is concentrated in Russia (more than 90% of banking assets and the total capitalization of stock markets), as well as almost the entire volume of trading on stock exchanges, approximately 85% of banks, 75% of insurance companies, 89% of financial infrastructure institutions [4].…”
Section: Introductionmentioning
confidence: 99%
“…Financial development in the EAEU is uneven both in territories and in market segments, therefore financial integration should be a flexible, asymmetric and progressive process, in which the Russian Federation plays the leading role [2]. Characteristically, the discussion on this issue is mainly limited to the Union, without attracting noticeable attention from other countries [3]. The predominant share of the total financial assets of the EAEU countries is concentrated in Russia (more than 90% of banking assets and the total capitalization of stock markets), as well as almost the entire volume of trading on stock exchanges, approximately 85% of banks, 75% of insurance companies, 89% of financial infrastructure institutions [4].…”
Section: Introductionmentioning
confidence: 99%