Governing Regional Integration on the Eurasian Space: Evolution and Prospects

Abstract

The scope of the paper is limited to institutionalization of the integration process in modern history, the process of uniting the national economies of the former USSR into a common market, and the evolution of the CIS. The author pays attention to structural transformation of the economies of those states, formation of national monetary and financial systems, planning for creation of a transport union, establishment of the single customs regime, etc. Based on patterns regarding these areas of mutual economic interest, the author’s conclusion has been made on prospects of the EAEU evolution.