The System of Indicators of Eurasian Integration” (SIEI) has a long-term status. It presents the results of regular monitoring and assessment of the pattern and key vectors of Eurasian integration and cooperation in the CIS region. SIEI is acknowledged as one of top-3 systems of regional...

Despite current political headwinds, there is need for a timely expert assessment of the comprehensive economic integration between the European Union (EU) and the emerging Eurasian Economic Union (EEU). This report constitutes a preliminary methodological study. It starts off by offering a...

The oil-rich economies of Russia and Kazakhstan started growing in the 2000’s, and the consequence was a rapid rise of labour migration in the post-Soviet space. Within a decade labour migration became a highly visible phenomenon with significant economic and social consequences. It completely...

Within a span of several years, post-Soviet integration has evolved from a largely paper project and rhetoric construct — which certain countries exploited to suit their domestic policies — into an important factor influencing economic development. However, its further prospects are unclear....

This paper examines the dynamic causal relationships between foreign direct investment (FDI), trade and economic growth in India by applying the bounds testing (ARDL) approach to cointegration for the period from 1970 to 2012. The bounds tests suggest that the variables of interest are bound...

A collection of the papers and digests on the issues related to regional economic and political integration, primarily in the post-Soviet space. An annual publication of the Eurasian Development Bank edited by Evgeny Vinokurov, director of EDB Centre for Integration Studies.

This paper examines the effects of trade on economic growth and growth volatility. Using the 1967-1975 closure of the Suez Canal as an instrument for trade, I find that trade leads to higher economic growth, and lower probability of recession or economic slowdown. There is no evidence that trade...

An annual volume of papers and information digests on the issues related to regional economic and political integration, issued by the Eurasian Development Bank and edited by Evgeny Vinokurov, director of EDB Centre for Integration Studies.

The paper is focused on the official Kazakhstani position towards Russia and its development over 1991-2000, i.e. the two post-Soviet decades. We draw upon speeches by the representatives of the state, most importantly by Kazakhstan president Nursultan Nazarbayev, and the intergovernmental acts....

The continued rise in oil prices since 2002 has resulted in a significant increase in export revenue for oil exporting countries. This increase in the price of oil and other commodities means that OPEC countries and Russia have received, between 2003 and 2006, a windfall of 1.3 trillion dollars...