Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


Commodity Trade within EAEU amid the Global Economic Crisis and Prospects of Eurasian Integration

Author(s): Nurieva A.R., Gibadullin M.Z., Nasretdinov I.T., Tsiunchuk R.A., Karimova G.R., Safin M.F.

The global economic crisis has had a negative effect on the international trade and international economic integration. The growing instability of global economic integration exacerbates the uncertainty in global commerce, which, in turn, causes a further worsening of the crisis. National and international statistics services report a decrease in commodity trade in general and in leading economies’ foreign trade in particular. International economic agents, who have built a stable international integration pattern around themselves, are in a more favorable position. Stable external relationships enable states, who are members of integration unions, to protect unified markets against foreign competitors. The empirical basis of the research has been data from the Eurasian Economic Union statistics agencies. The goal of the study is determining the type of mutual commodity trade within EAEU, strength of integration between member states and the prospects of further integration within EAEU amid the global economic slump.

Get the App