Armenia Within the Eurasian Economic Union

DOI: 10.33917/es-7.165.2019.74-77

The Treaty on the Eurasian Economic Union (EAEU), signed on May 29, 2014, entered into force on January 1, 2015. The purpose of the Union is to provide conditions for the stable economic development of member states by improving the living standards of the population, comprehensive modernization, cooperation and increasing the competitiveness of national economies. Armenia became part of the EAEU 2015 on January 2. At the same time, the most important problems for all countries remain: the problem of diversification of national industry; low competitiveness of the products of most manufacturers, a low share of high-tech products in exports, virtually no trade and investment cooperation between individual pairs of countries, the degree of public confidence in the integration group. The article discusses issues related to the economic development of Armenia within the EAEU, mutual trade with the EAEU member countries, the attitude of the population to the EAEU; the positive and negative aspects of Armenia’s participation in the EAEU, as well as possible ways to strengthen integration within the EAEU are revealed

25 Years of New Russia. Economic and Social Level: Remaining at a Standstill

#2. Sisyphean Task
25 Years of New Russia. Economic and Social Level: Remaining at a Standstill

The article analyzes three periods of the Russian economy: the transformation crisis of 1990–1998, characterized by depth and duration, the period of regenerative economic recovery in 1999–2008, during which a shift into nationalization and monopolization of the economy took place, as well as the period of 2009–2017, called the “lost decade” by the author, the period of deep financial and socio-economic crisis as part of the global world crisis. Possible prospects for development and ways of entrance into high-quality significant socio-economic growth are described.

25 Years of New Russia. Economic and Social Level: Remaining at a Standstill

#1. Event Horison
25 Years of New Russia. Economic and Social Level: Remaining at a Standstill

The article analyzes three periods of the Russian economy: the transformation crisis of 1990–1998, characterized by depth and duration, the period of regenerative economic recovery in 1999–2008, during which a shift into nationalization and monopolization of the economy took place, as well as the period of 2009–2017, called the “lost decade” by the author, the period of deep financial and socio-economic crisis as part of the global world crisis. Possible prospects for development and ways of entrance into high-quality significant socio-economic growth are described.

Main Trends in Development of the BRICS Countries Agriculture

#3. Attraction of Diversity
Main Trends in Development of the BRICS Countries Agriculture

BRICS countries today are the most intensively developing countries of the world economy, since they have a rich resource base, scientific and labor potential. According to leading economists it is economic growth of Brazil, Russia, India, China and the Republic of South Africa that will ensure the future economic growth of the world economy. At the same time, the BRICS countries are the largest agricultural producers, accounting one third of the world agricultural production. About half of the world’s pork volume and about one third of poultry and beef are produced at their territory. At the same time, there are certain trends of specialization of each country in the world agricultural market. All of above enumerates stipulate relevance to study of current state and development prospects of agriculture in the BRICS countries. The methodological basis of the study, results of which are presented in the article, are statistical methods for analyzing the level of development of agriculture and cross-country comparisons. They make it possible to obtain a quantitative assessment of the place of each country in the world market of agricultural product.