On the prospects of monetary integration  of the post-soviet countries

The article discusses the prospects for the formation of a new currency union within the post-Soviet area, examines the advisability of the introduction of a single supranational payment unit, analyzes the economic conditions that facilitate or hinder currency integration processes, and draws conclusions about possible scenarios for currency integration.

Keywords

currency, monetary union, optimal currency area, CIS countries, economic integration

Received

24.03.2021

Publication date

25.03.2021

Number of characters

17416

Cite

GOST	Subtselnаyа T., Patron P. On the prospects of monetary integration of the post-soviet countries // Obshchestvo i ekonomika – 2021. – Issue 3 C. 5-12 [Electronic resource]. URL: https://oie.jes.su/S020736760014255-9-1 (circulation date: 25.04.2024). DOI: 10.31857/S020736760014255-9
MLA	Subtselnаyа, Tаtiаnа, Patron, Petr "On the prospects of monetary integration of the post-soviet countries." Obshchestvo i ekonomika 3 (2021):5-12. DOI: 10.31857/S020736760014255-9
APA	Subtselnаyа T., Patron P. (2021). On the prospects of monetary integration of the post-soviet countries. Obshchestvo i ekonomika (3), pp.5-12 DOI: 10.31857/S020736760014255-9

100 rub.

When subscribing to an article or issue, the user can download PDF, evaluate the publication or contact the author. Need to register.

Number of purchasers: 0, views: 492

Readers community rating: votes 0

1. Borko Yu.A., Butorina O.V. Ot Evropejskogo Soyuza − k Soedinennym Shtatam Evropy? Integratsionnyj opyt ES: osobennoe i obschee / Evropejskij Soyuz na poroge XXI veka: vybor strategii razvitiya // M.: Ehditorial URSS, 2001. S.430- 462.

2. Evrazijskij ehkonomicheskij soyuz v tsifrakh: kratkij statisticheskij sbornik. Evrazijskaya ehkonomicheskaya komissiya. – Moskva: 2019. – 199 s. – [Ehlektronnyj istochnik] – URL: http://www.eurasiancommission.org/ru/act/integr_i_makroec/dep_stat/econstat/Documents/Brief_Statistics_Yearbook_2019.pdf (Data obrascheniya: 25.12.2020)

3. Zevin L.Z. Megaregiony v globaliziruyuschemsya khozyajstve // Mirovaya ehkonomika i mezhdunarodnye otnosheniya. 2016. T. 60. № 8. S. 26-33.

4. Kondratov D.I. Problemy sozdaniya valyutnoj zony v Evrazijskom ehkonomicheskom soyuze // Evrazijskaya ehkonomicheskaya integratsiya. 2015. № 3 (28). S. 49-64.

5. Linkevich E.F. Formirovanie valyutnykh zon: teoreticheskie i prakticheskie aspekty // Finansovaya analitika: problemy i resheniya. 2013. №4 (182). S. 45-51.

6. Markusenko M.V. Valyutnyj rynok v Respublike Belarus': tendentsii i perspektivy razvitiya // Permskij finansovyj zhurnal. 2017. №2 (17). S. 36-50.

7. Pischik V.Ya. Evro i makroehkonomicheskaya sbalansirovannost' v ES // Mirovaya ehkonomika i mezhdunarodnye otnosheniya. 2003. № 5. S. 26-34.

8. Rudyj K.V. Rublizatsiya belorusskoj ehkonomiki: perspektivy, problemy, puti resheniya // Vestnik RUDN. 2003. № 9. C. 16-22.

9. Sibirskaya A.V. Sostoyanie i perspektivy konkurentosposobnosti finansovykh rynkov stran EAEhS // Finansy i kredit. 2017. T. 23. № 4 (724). S. 201-216.

10. Tkachenko S.L. Teoriya optimal'nykh valyutnykh zon i platezhnyj soyuz Rossijskoj Federatsii i Respubliki Belarus' // Vestnik SPbGU. Ser.6. 2003. №2 (14). S. 117-124.

11. Fedorov K.S. Strany SNG: osnovnye makroehkonomicheskie pokazateli i prognozy // Evrazijskaya ehkonomicheskaya integratsiya. 2015. №4 (29). S. 105-112.

12. Babetskii I. Trade integration and synchronization of shocks: implications for EU enlargement // The Economics of Transition. 2005. T. 13. № 1. S. 105-138.

13. Frankel J., Rose A.K. Currency crashes in emerging markets: an empirical treatment // Journal of International Economics. 1996. № 41. S. 351-366.

14. Demopoulos G.D., Yannacopoulos N.A. Conditions for optimality of currency area // Open Economies Review. 1999. T. 10. № 3. S. 289-303.

15. Kawai M. The Role of an Asian Currency Unit for Asian Monetary Integration // ADB Asia Regional Integration Center. 2009. № 9. P. 34-45. - [Ehlektronnyj resurs] - URL: http://aric.adb.org/grs/papers/Kawai %206.pdf. (Data obrascheniya: 25.12.2020)

16. Mongelli F. European Economic and Monetary Integration, and the Optimum Currency Area Theory // European Economy. 2008. №2. P. 1-58.

17. Mundell R.A. A Theory of Optimum Currency Areas // American Economic Review. 1961. № 51. P. 657-665.