Year: 2024
Type: conference-paper
Abstract: In the view of L. Erhard Germany and the United States in the mid-60s looked as almost equal economic partners [2, p.11-12].V. Inozemtsev also points out that the EAEU is built on the principles familiar to the Kremlin, when Russia dominates in foreign policy, just as the «United Russia» party dominates in domestic policy [3].The current patronizing policy of the Russian Federation is also criticized.Russia is trying to deepen integration with its help, for example, to create a union state of Russia and Belarus.Despite the annual financial assistance to Minsk, which in 2011-2018 amounted to 4-4.5 billion dollars, this goal has not been achieved.According to the expert, the imperial ambitions of Russia to restore its role as a metropolis may cause centrifugal forces, which previously led to the collapse of the USSR [4].At the same time, Russia, acting as the organizer of the integration process in the Eurasian space, is expected rather low economic growth rates in the long term, while the success of integration is primarily determined by the presence of a strong center [5].Thus, according to the forecast of the Eurasian Economic Commission (EEC), the growth rate of Russia's GDP until 2030 will be the lowest among the three largest economies of the Union and will not exceed 3%.The initial external conditions for the Union formation associated with a two-year economic recession, as well as the deepest global economic crisis of 2020 caused by the COVID-19, do not contribute to the EAEU member states integration.The annual decline in the economies of the EAEU member countries, according to the IMF, will range from a minimum -2.7% in Kazakhstan to a maximum -12.0% in Kyrgyzstan (see Table 1).
Language: English
Subfield: Language and Linguistics
Field: Arts and Humanities
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W4405334112