Author page: Lydia Krasavina

Paradox of Combining the European Union’s Systemic Crisis with Its 60th Anniversary: Analysis Based on a Systemic Methodology

DOI: 10.33917/es-6.164.2019.54-59

The article analyzes fundamental reasons for such unexpected coincidence of the European Union systemic crisis with its 60th anniversary as well as the prospects for the European integration development. The innovative nature of the study consists in the fact that the problems are considered on the basis of a systemic methodology, that determines its logic, and the principles of systematic approach, as well as in the context of paradox theory. This approach allows us to analyze the causes of the EU systemic crisis that coincided with its anniversary, making a conclusion that seems unbelievable but contains the truth. Processing of materials over 60 years of the European integration revealed a number of paradoxes, including the lack of previously developed concept, systematic violation of the EU development patterns. The author identifies the paradox of US–EU transatlantic cooperation, which manifested itself through the loss of economic sovereignty of the states participating in the European integration under American pressure and with regard to deployment of NATO military bases in Europe. The author comes to conclusion that violation of the integration process patterns and rules manifested itself as a result of the global crisis of 2008–2009.

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.

Prospects for Forming Greater Eurasian Partnership: Interests of Russia and Other Countries — Members of the Eurasian Economic Union

#8. New Year’s Forces
Prospects for Forming Greater Eurasian Partnership: Interests of Russia and Other Countries — Members of the Eurasian Economic Union

The article considers the actual economic interests of Russia and the Eurasian Economic Union in the process of formation of the Great Eurasian partnership in the face of current challenges. An approach is proposed to implement these interests on the basis of an analysis of benefits and risks.