Eurasian Economic Integration - Law, Policy and Politics

DRAGNEVA Rilka , WOLCZUK Kataryna

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Summary

‘Eurasian Economic Integration has arrived at just the right time. The Asia-Europe economic region is undergoing major changes. With the strengthening of the Chinese economy and the crisis with the euro, the economic balance is shifting. Meanwhile, questions about the future of the economies in the post-Soviet region are arising. The new order now being attempted under Russia’s leadership could take on considerably more significance. Kataryna Wolczuk and Rilka Dragneva have brought together a first-class team of experts who are investigating these developments. As a result, we now have a study describing the Eurasian structures currently taking shape and their consequences for the countries involved, the WTO and neighbouring countries in the East and West. This precise and timely study upholds high standards of scholarship and offers political actors an excellent analysis, which will enable them to adapt European policy to the processes playing out in Eurasia.’ – Henning Schröder, Stiftung Wissenschaft und Politik, Berlin, Institute for East-European Studies, Free University Berlin, Germany ‘This book spectacularly delivers on what it promises, providing a comprehensive, clearly structured and theoretically informed study of the latest round of integration efforts in post-Soviet Eurasia. Bringing together an impressive range of contributors, each of whom is a notable expert in their field, this will undoubtedly become a classic path-breaking study of regionalism in a part of the world that is unjustly neglected.’ – Richard Sakwa, University of Kent, UK In this well-researched and detailed book, the editors provide an extensive and critical analysis of post-Soviet regional integration. After almost two decades of unfulfilled integration promises, a new – improved and functioning – regime emerged in the post-Soviet space: the Eurasian Customs Union between Russia, Belarus and Kazakhstan (ECU). The contributors seek to explain this puzzling and politically significant development by examining the ECU’s origins, institutional architecture, key driving forces and emerging implications. Their investigation reveals that the ECU is an ambitious and fast moving project in deep economic integration, yet its legal design is complex and member states are driven by a precarious balance of diverse motives. Nevertheless, as the contributions to the volume indicate, the emergence of the ECU already carries important external implications, especially for the EU’s strategy in the post-Soviet space. Being the first comprehensive and systematic study of the new Eurasian economic integration regime, this book will appeal to academics and students of regional integration, international relations and international law, Russian studies, Post-Soviet politics, as well as Central Asian studies.

Table of contents

Preface 1. The Eurasian Customs Union: Framing the Analysis Rilka Dragneva and Kataryna Wolczuk PART I: LEGAL AND INSTITUTIONAL FRAMEWORK OF THE ECU 2. The Development of Eurasian Economic Integration Julian Cooper 3. The Legal and Institutional Dimensions of the Eurasian Customs Union Rilka Dragneva 4. Russia, the Eurasian Customs Union and the WTO Richard Connolly PART II: THE ECU AS VIEWED FROM THE MEMBER STATES 5. Russia and the Eurasian Customs Union Julian Cooper 6. Russia, the Eurasian Customs Union and the Asian Dimension Silvana Malle 7. Belarus: Player and Pawn in the Integration Game Matthew Frear 8. Kazakhstan and Eurasian Economic Integration: Quick Start, Mixed Results and Uncertain Future Nargis Kassenova PART III: THE ECU AND ITS RAMIFICATIONS FOR THE EUROPEAN UNION 9. The Impact of the Eurasian Customs Union on EU–Russia Relations Hiski Haukkala 10. Eurasian Economic Integration: Implications for the EU Eastern Policy Laure Delcour and Kataryna Wolczuk 11. Commitment, Asymmetry and Flexibility: Making Sense of Eurasian Economic Integration Rilka Dragneva and Kataryna Wolczuk Appendix 1. Regional Integration Initiatives and Organizations in the Post-Soviet Space Appendix 2. Post-Soviet Countries’ Applications and Accessions to the WTO Index