International Conference on Eurasian Economies
9-11 September 2015 – Kazan, RUSSIA
Paper detail
Paper ID : 1221
Status : Paper published
Language : Russian
Topic : International Trade and Globalization
Presenter: Mrs. Lidiya Parkhomchik
Session : 4E Региональные экономики
Caspian Region Integration Initiatives: Trends and Prospects
Интеграционные инициативы в Каспийском регионе: тенденции и перспективы
- Mrs. Lidiya Parkhomchik (Eurasian Research Institute, Kazakhstan)
Abstract
Nowadays, along with the fast-developing processes of globalization there is an active dissemination of the regionalization process, which allows the nation-states to reach a higher level of cooperation and, in most cases, leads to the creation of supranational organizations. Although the level of integrity and interdependence in particular interstate regional organizations considerably differs from one part of the word to another, nevertheless, each state is aware of the need to achieve a higher level of economic and, in some cases, political integration. The basic tendency marked above can be fully applicable to characterize the current trends, which, to some extent, are fixed in the dialogue between the countries of Caspian Five. It becomes more and more obvious that the Caspian states feel the need for improving multilateral economic relations, so as strengthening security, cultural and environmental cooperation. Therefore, the article is devoted to identifying promising political and economic initiatives that could form the basis for future regional integration.
JEL codes: F59, F15, F52
Parkhomchik, Lidiya (2015). "Caspian Region Integration Initiatives: Trends and Prospects" in Proceedings of International Conference of Eurasian Economies 2015, pp.805-811, Kazan, RUSSIA.
DOI: https://doi.org/10.36880/C06.01221
Session 4E: Региональные экономики
