Economic Integration in Eurasia; Challenges and Opportunities

Economic Integration in Eurasia; Challenges and Opportunities

World Review of Business Research

Vol. 6. No. 2., September 2016, Pages: 46 – 57

Economic Integration in Eurasia; Challenges and Opportunities

Golam Mostafa

Concepts and ideas of economic integration in post-Soviet space are not new or uncommon. Numerous attempts were made to create some form of integration process either by involving most of the former Soviet Republics or on regional basis but there was hardly any success. The purpose of the paper is to review the economic integration process and attempts in the region, their success, failures and lessons learned. The paper highlights the problems, challenges and prospects of economic integration in Eurasia and argues that despite problems and challenges there are objective factors and prospects for success of integration in Eurasia.