Prospects of economic and monetary integration of the CIS countries

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Properly organized process of economic and monetary integration and the formation of the necessary level of integration maturity significantly increases the efficiency of the national economy within the framework of an economic union. However, the errors committed in the course of this process can slow down economic development. The article lists the reasons for the participation of the Republic of Belarus in the economic integration entities in the post-Soviet space. The author also discusses the prospects of convergence in the economic and monetary spheres of CIS. By analysing the main macroeconomic indicators, she determines the conditions and the possibility of realization of the project of monetary integration in the post-Soviet space.

Luzhina Anastasiya
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Last updated 06.01.2016
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