The Contours of Integration Development Strategy: from Eurasian Economic Union to Economic and Monetary Union with Common Currency in Terms of the Eurozone Experience

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The Contours of Integration Development Strategy: from Eurasian Economic Union to Economic and Monetary Union with Common Currency in Terms of the Eurozone Experience

The article substantiates the necessity of long-term forecasting of Eurasian integration development to its highest level. The basic conceptual principles of transition from the Eurasian Economic Union (EAEU) to the Economic and Monetary Union (EMU) with common currency based on the eurozone experience are formulated. The attention is focused on developing the theory of regional economic and monetary union as a modern alternative to the theory of optimal currency areas by R. Mundell. The article examines the stages of forming Eurasian Economic and Monetary Union with single regional currency in the context of the eurozone experience.

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