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The Customs Union as a Stage of the Regional Economic Integration.
- Authors: Fedorenko RV 1
- Affiliations:
- IMT and AM
- Issue: No 2 (2011)
- Pages: 17-20
- Section: Articles
- URL: https://journals.eco-vector.com/1997-3225/article/view/23370
- DOI: https://doi.org/10.17816/1997-3225.20110217-20
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Abstract
The customs union of Russia, Kazakhstan and Belarus was created to strengthen economic ties between the countries that it includes. However, the customs union has great many limitations. If these limitations are not overcome by implementing suitable economic and institutional policies, the new regional integration will not be able to contribute effectively to the European economic development process.
