International Congress on Eurasian Economies

International Conference on Eurasian Economies

1-3 July 2014 – Skopje, MACEDONIA

Paper detail

Paper ID : 1167
Status : Paper published
Language : Russian
Topic : International Trade and Globalization
Presenter: Prof. Dr. Khodjamahmad Umarov
Session : 1A Keynote Session

National Interests and Eurasian Economic Integration
Национальные интересы и евразийская экономическая интеграция

Abstract

Integration processes, both on global and on regional levels faced serious barriers. Research of these barriers shows that they are connected with irreversible nature of integration processes. The last 30 years behind some exceptions these processions consisted an essence of economic globalization and regionalization trends. Economic integration was focused on realization of small group of oligarchs and the state bureaucrats’ interests. Such orientation with inevitability brought into an impasse which can be explained as the serious crisis phenomenon. In the report the assessment of influence of interests on economic integration is given. Only national interests can appear as influential socio-economic factor of integration processes development. The fullest implementation of national interests directs integration processes on the way of creation of necessary vital conditions for the vast majority of the population. It is, especially, important for the Euroasian space where labor segments of the population occupy the main part of the population and where inertia of the Soviet system is still felt in the economy sphere. Very important is the question of conceptual bases of the Euroasian economic integration. Latter is based on ideology of neoliberal economic school. Development of integration processes in line with a certain neoliberal theory can lead to structural degradation of economy, to transformation of economy of the countries of EuroSEC in mineral and raw appendage of the developed countries. The same situation possible to see in other economic unions of Asia, Africa and Latin America countries.

JEL codes: A10

Umarov, Khodjamahmad (2014). "National Interests and Eurasian Economic Integration" in Proceedings of International Conference of Eurasian Economies 2014, pp.32-38, Skopje, MACEDONIA.

DOI: https://doi.org/10.36880/C05.01167

Full paper in PDF format.

Session 1A: Keynote Session

Istanbul Beykent University Ss. Cyril and Methodius University Kyrgyz-Turkish Manas University TIKA Turkish Central Bank