Original scientific paper
https://doi.org/10.1080/1331677X.2022.2094444
Post-soviet economics in the context of international trade: opportunities and threats from mutual cooperation
Wadim Strielkowski
Tatiana Kulagovskaya
Galina Panaedova
Luboš Smutka
Stanislava Kontsevaya
Dalia Štreimikienė
Abstract
Regional cooperation represents a viable alternative to the
ongoing process of globalization, in which countries can optimally
respond to the changes in the external environment through
regional integration, while a larger market size tends to provide
better sales opportunities. The purpose of this paper is to identify
common determinants of the impact of economic and trade
cooperation on the convergence of the economies of the member
states of the Eurasian Economic Union (EAEU). We attempt to
define a conceptual framework for cooperation between post-
Soviet countries with an emphasis on their diversity.
In this article, we are using the extrapolation methods that
involve the estimation of the parameters of approximating
dependences with the ordinary least squares method (OLS) and
its modifications as well as the exponential smoothing method.
The main reason for conducting this study as well as the major
value-added of this paper is in its focus on the regional cooperation
of the post-Soviet countries with the assessment of its role
on accelerating economic growth, while the main limitation of
this study is its focus on predicting the values for one year only
which is subjected to the lack of more recent data.
Keywords
Post-Soviet economies; international trade; economic integration; competitiveness
Hrčak ID:
304215
URI
Publication date:
31.3.2023.
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