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Russia's Potential for Economic Integration: Three Possible Strategies


Rančić, Nenad; Pilipović, Ozren; Ahtik, Meta
Russia's Potential for Economic Integration: Three Possible Strategies // Economic integrations, competition and cooperation / Kumar, Andrej ; Kandžija, Vinko (ur.).
Rijeka: Ekonomski fakultet u Rijeci, 2010. str. 151-165 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)


Naslov
Russia's Potential for Economic Integration: Three Possible Strategies

Autori
Rančić, Nenad ; Pilipović, Ozren ; Ahtik, Meta

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Economic integrations, competition and cooperation / Kumar, Andrej ; Kandžija, Vinko - Rijeka : Ekonomski fakultet u Rijeci, 2010, 151-165

ISBN
978-953-6148-93-6

Skup
VII. Međunarodna Konferencija u suradnji Chair Jean Monnet Ekonomskog fakulteta Sveučilišta u Rijeci, Chair Jean Monnet Ekonomskog fakulteta Sveučilišta u Ljubljani, CEDIMES Paris – Centre d'Etudes du Développement International ed des Mouvements Economiques et Sociaux and University of Antwerpen – Jean Monnet Centre of Excellence

Mjesto i datum
Opatija, Hrvatska, 01.04.-04.04.2009

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Rusija; EU; ZND; energetska politika; ekonomske integracije
(Russia; EU; CIS; energetic policy; economic integration)

Sažetak
The main goal of this paper is to show the three potential strategies of economic integration that can be pursuit by the government of the Russian federation . We will do this by using the tools of International Political Economy. In our opinion these three strategies are: 1. Closer integration with the EU that will outgrow the present strategic partnership and will result in an eventual Russian membership of the European Union. 2. Closer economic integration with the Asian countries, namely China and the members of the Shanghai Cooperation Organisation ( Kazakhstan , Kyrgyzstan , Uzbekistan and Tajikistan ). 3. Attempt to build its own economic integration community that will be based on the countries of the former USSR excluding the Baltic countries and probably Georgia . Paper structure will be made of three parts. In the first part we will analyze economic and political theories about economic integration. In the second part we will show the evolution of economic and political system of the Russian Federation from the 1991 to the present day. In the political sphere Russia transformed itself from communism to democracy, but now it is a “ sovereign democracy” a step backwards in the democratic process. In economy Russia went from central planning to oligarchic capitalism, and now it is a mixture of state capitalism and oligarchs that enjoy Kremlin`s favour. Then we will examine Russian potential for further economic cooperation and eventual integration with the European Union, as well as with the members of the Shanghai Cooperation Organisation (Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan), by highlighting major advantages and disadvantages of each of them. Economic integration is much more than just integration of economies of two or more countries. In order for economic integration to work well the countries involved should have similar institutional, economic and legal systems. Not to mention that any form of economic integration except the basic free trade agreement requires compatible political systems as well. But this may not be true in the case of Russia . Russia has vast natural resources of natural gas, oil and other raw materials, and is therefore sought as partner even by Western democracies that abhor its political system and its foreign policy. Russia remains the main supplier of natural gas for the majority of European countries. Besides that China wishes to import more Russian oil and gas. Not to mention that the system of pipelines in Central Asia is under Russian control. All of this gives Russia strong bargaining position in the process of potential economic integrations. Finally we will evaluate three options that Russia has for economic integration and we will give our opinion to which one is most likely to be pursued by Kremlin and why.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Pravo



POVEZANOST RADA


Projekt / tema
066-0661428-2509 - Prilagodba hrvatskih institucija europskim kriterijima: identitet i promjena (Mladen Vedriš, )

Ustanove
Pravni fakultet, Zagreb