Annals of Eurasian Integration

In the book “25 years of the Eurasian project of Nursultan Nazarbayev. 1994–2019” historical role of Nursultan Nazarbayev’s Eurasian project as a key tool for effective economic and social development, which opens up new opportunities and prospects for post-Soviet countries, is being consistently illustrated

Conceptual Proposals for Practical Implementation of the Big Eurasian Partnership Idea

#1. Minds Confusion
Conceptual Proposals for Practical Implementation of the Big Eurasian Partnership Idea

Idea of the Big Eurasian Partnership was formulated in December 2015 by the President of Russia V.V. Putin, who launched an initiative to begin consultations on forming an economic partnership between the member states of the Eurasian Economic Union, the Association of Southeast Asian Nations and the Shanghai Cooperation Organization. According to the author of the article, partnership should be formed on the basis of a flexible system of legal norms, joint projects and institutions that take into account diversity of the participants’ interests and purely volunteer nature of cooperation. Options for integrating into the partnership can be of different speeds and different levels, providing each participant the freedom to choose a package of commitments.

Global Asian Energy Ring: Contours of Energy System of the XXI Century

#1. Minds Confusion
Global Asian Energy Ring: Contours of Energy System of the XXI Century

Macroeconomic problems and political games of our Western “partners” have mainstreamed the task of diversifying the routes and simultaneously expanding the volumes of Russian and transit electricity exports abroad. Given constantly increasing energy consumption in Asian countries, it is the Asian export vector of Russian fuel and energy resources that seems most promising, updating the development of fuel and energy infrastructure for integrating the energy system of Russia and the energy systems of a group of key countries in Eastern, Southern and Western Asia. This vector from the viewpoint of considering the fuel and energy infrastructure as a metasystem is expedient to realize through forming the Global Asian Energy Ring, taking into account the unique experience of the UES of the USSR and the Mir energy system. A unified energy supply system and mechanisms for resource and financial coordination within the framework of the Global Asian Energy Ring can form the basis for ensuring political and economic competitiveness of a group of key countries in Eastern, Southern and Western Asia, based on a key energy partner, being also the main guarantor of energy supplies (collective energy security) — Russia.

Professional Education of Young Generations as a Means of Expanding the Influence of Russian Culture and Russian Language

#8. Ideas Change the World
Professional Education of Young Generations as a Means of Expanding the Influence of Russian Culture and Russian Language

The article analyzes the Russian higher education system as an essential part of the “soft power” of Russia’s foreign policy. A comparison is made of the youth potential contingents in the CIS countries in the context of demographic aging. The role of Rossotrudnichestvo in the policy of the Russian language spreading in the post-Soviet space is considered. The authors conclude that Russia is interested in attracting foreign youth to Russian universities and claim the lack of an adequate state policy; they suggest measures to radically change the situation with foreign students’ education in Russian universities.

BRICS Countries: Results of Participating in Globalization of Financial-Economic Regulation

#8. Ideas Change the World
BRICS Countries: Results of Participating in Globalization of Financial-Economic Regulation

The article analyzes a new phenomenon — globalization of financial-economic regulation being implemented by G20, the IMF and the World Bank. This concept, proposed by the author, is wider than interstate financial regulation and is motivated by the new assessment of financial risks as a component of macroeconomic regulation and micro-prudential supervision as a result of the global crisis. The author substantiates a conclusion about effectiveness of the BRICS countries’ participation in globalization of financial-economic regulation on a national basis in the IMF framework and within the World Bank Group (WB), that are reforming the Jamaica world monetary system. Proposed are measures for developing partnership of the BRICS countries in order to increase their representation and role in these global institutions and in creating a new world monetary system.

The Cost of Transportation by Great Silk Road

#8. Ideas Change the World
The Cost of Transportation by Great Silk Road

The article considers the issues of determining the cost of transportation along the routes of the Great Silk Road. It is shown that the cost of energy needed to transport a 20 ft container from Shanghai to western Europe at current prices is about 0. These values are approximately the same for both rail and sea transport. This creates a potential opportunity to make overland tariffs competitive marine.

The Common Budget of the European Union: What to Expect in the 2020s

#8. Ideas Change the World
The Common Budget of the European Union: What to Expect in the 2020s

The article deals with the major aspect of the European Fiscal integration — Common Budget of the European Union. Different consequences of Brexit for the Common Budget are considered. Possible ways of reforming of the Multiannual Financial Frameworks in the mid-term perspective are analyzed.

Network Format in Managing Economic Development: European Macro-Regionalism

#8. Ideas Change the World
Network Format in Managing Economic Development: European Macro-Regionalism

The article dwells on a multi-level approach to managing development on the example of Europe of macro-regions — a set of macro-regional innovation ecosystems, characterised by project-network structure and collaborative mechanisms of cooperation. The authors describe specificity of EU macro-regional strategies as the tools for horizontal coordination of national economic policies and smearing of outdated hierarchical model of European integration. The paper highlights useful lessons of European macro-regionalism for Russia’s promotion of an integration project on the EAEU territory.

Long-Awaited Result: Convention on the Legal Status of the Caspian Sea Was Adopted

#6. For the High Norm
Long-Awaited Result: Convention on the Legal Status of the Caspian Sea Was Adopted

On August 12, 2018 in the Kazakh city of Aktau presidents of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan signed the Convention on the legal status of the Caspian Sea. This fundamental document creates a new legal regime of the Caspian Sea that meets modern requirements and aims at further intensification of the comprehensive interaction of coastal countries. The Caspian were going to sign this Convention for more than 20 years…

Assessing the Current State and Prospects of Russian-Chinese Economic Cooperation: Exchange of Views and Joint Position of the Parties

#6. For the High Norm
Assessing the Current State and Prospects of Russian-Chinese Economic Cooperation: Exchange of Views and Joint Position of the Parties

This article contains the results of joint scientific and diplomatic work of the two research groups — from the Chinese and Russian side: under the leadership of Chongyang Institute for Financial Studies, Renmin University of China (RDCY) and Counselor to the President of the Russian Federation. The uniqueness of this publication lies in the fact that a reader has the opportunity to observe the joint work including analysis of the Sino-Russian financial and economic cooperation benefits and “bottlenecks” of scientists, heads of leading institutions and officials in real time and in the process of coordinating the positions of the parties, to understand the complexity of diplomatic work and to assess the importance of agreements and results having been achieved.