Economic integration theory goes through two development stages each of which addresses the relevant for its time political and economic context The first stage is regarded as classic theory or static analysis and includes the traditional theories of economic integration that explain the...

The paper provides a summary of the main conclusion of the EDB System of Indicators of Eurasian Integration, supplemented by an analysis of potential developments in the post-Soviet space.

The System of Indicators of Eurasian Integration (SIEI)under the auspices of the Eurasian Development Bank consists of nine general and two consolidated indices that are aimed at assessing integration in the post-Soviet region, and cover various aspects of the regional integration process. The...

If efficient economic activity requires appropriate public goods, then changes in the volume and flow of trade will induce changes in the demand for these public goods. In general, if people disagree over their preferred levels of public goods, the expansion of trade may affect the structure of...

Are there systematic forces such that countries of different sizes participating in a free trade bloc gain differently from the entry of new members? If economies of scale imply that firms located in large countries enjoy lower costs, then the gains from enlarging the bloc will fall...

The current debate in Western Europe centres on the relationship between economic and political integration. To address this problem, we construct a simple general equilibrium model in which the returns to trading are directly affected by the availability of a public good. In our model...

The geographical situation of the Russian enclave led to its strong exposure to the destabilising effects of post-communist economic transformation. A dramatic trade opening has occurred, and regional trade and production has undergone profound changes. The major phenomenon relative to the...

For almost two decades, regional integration in the post-Soviet space has remained one of the most talked about issues of economic policy. There are hundreds of initiatives and projects that aim for deepened co-operation between countries in the region. At the same time, to determine the...

The EDB Eurasian Integration Yearbook publishes papers, reports, and information materials addressing wide spectrum of pertinent issues of regional integration, in particular its economic and institutional aspects, the theories of regional integration, and relevant integrational experience.

The geographic and geo-economic location of EurAsEC countries gives them significant strategic potential for freight transit. EurAsEC has motorway and railway corridors running east-west and north-south, and a number of new corridors are being constructed. However, to handle such huge volumes of...