Research directions

In its analytical activities, EDB Centre for Integration Studies specializes in applied quantitative research on a broad range of issues, including macroeconomic modeling in the EAEU context, currency and monetary issues, mutual investments, mutual trade, regional organizations and their activities, development of cross-border infrastructure, labour migration trends, and public perceptions of integration.

Research is organized and implemented, and analytical reports based on the findings are subsequently published, within the framework of the following core research directions of the EDB Centre for Integration Studies:

EDB Centre for Integration Studies is involved in the implementation of projects which focus on the analysis of EAEU integration deepening tools and effects. This is the largest bloc of the Centre’s analytics in terms of work completed to date.

The deepening and widening of integration processes in the EAEU can be economically beneficial for its member states (reduction of transaction costs, intensification of mutual investments and mutual trade, growth of GDP and household income). There also exists a potential for enhancement of advantages received by EAEU countries from more intensive interaction in their mutual economic relations. However, despite those prospects, the launch of many integration projects, including, for example, transition to a deeper coordination of macroeconomic policies, concurrently entails massive costs and may give rise to additional risk exposures. In its analytical publications, EDB Centre for Integration Studies seeks to thoroughly scrutinize those factors and draw conclusions regarding the relative optimality of certain policy measures that may be taken by the EAEU under different integration and socio-economic development scenarios. To assure efficient implementation of such analytical projects, the Centre has developed a proprietary quantitative research base.

Year

Reports

  • Exchange Rate Fluctuations within the EAEU in 2014–2015: Analysis and Recommendations

    The report analyses the effects of the shock of commodity price drop and monetary policy measures implemented by the EAEU member states in 2014–2015 to stabilise their economies. The authors argue that those were exactly the different monetary policy approaches, applied by the EAEU member states in ...

    10 July 2017
  • Eurasian Economic Integration – 2017

    The Eurasian Development Bank has prepared a report called Eurasian Economic Integration – 2017 for presentation at the St. Petersburg International Economic Forum. The report reflects the directions, events, and decisions that determine the current vectors of the integration processes in the Eura...

    08 June 2017
  • Monetary Policy of EAEU Member States: Current Status and Coordination Prospects

    Eurasian Development Bank’s Centre for Integration Studies and the Macroeconomic Policy Department of the Eurasian Economic Commission (EEC) conducted a research titled Monetary Policy of EAEU Member States: Current Status and Coordination Prospects.

    19 January 2017
  • Liberalization of the Republic of Belarus Financial Market within the EAEU

    The development of the EAEU requires a coordinated foreign exchange policy, harmonised regulations governing the financial market, and the establishment of a common financial market to ensure the free movement of capital between the member states. The single financial market will produce significant...

    22 February 2016
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This long-standing research project is dedicated to monitoring of mutual direct investments in the CIS and Eurasia. The project is being implemented by the EDB Centre for Integration Studies in partnership with the Institute of World Economy and International Relations of the Russian Academy of Sciences since the end of 2011.

The analysis is built on the two databases (one for the CIS, the other for certain Eurasian countries) which have been maintained on the basis of diverse data obtained from publicly available sources. The database is generated “from the bottom up”, as its creators rely on corporate statements and other primary information. As a result, the project makes it possible to take into consideration such factors as investments made through offshore structures and other “trans-shipping destinations”, and reinvested foreign profits.

The project contains detailed information on the scope, dynamics, geographical and sectoral structure of mutual investments in the CIS and a number of Eurasian countries. Special effort was made to thoroughly analyze investment activities of companies representing EAEU member states.

Year
Investments in the CIS
Investments in Eurasia

Related articles

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Reports

  • EAEU and Eurasia: Monitoring and Analysis of Direct Investments 2016

    The report presents new results of the permanent research project dedicated to monitoring of direct investments in Eurasia. It focuses on investments made by Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Azerbaijan, Tajikistan, and Ukraine in all countries of Eurasia outside the CIS and Georgia ...

    27 December 2016
  • Monitoring of Mutual Investments in CIS Countries 2016

    According to the seventh report of a years-long research project, mutual foreign direct investment (FDI) stock in CIS countries continued to go down, having decreased by $2.2 billion or 5% over the year. The main reason for this was the devaluation of the national currencies and the revaluation by c...

    18 October 2016
  • EAEU and Eurasia: Monitoring and Analysis of Direct Investments

    The report presents new results of the permanent annual project dedicated to monitoring of direct investments in Eurasia. This report focuses on direct investments of Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Tajikistan, and Ukraine in all countries of Eurasia outside the CIS and Georgia as ...

    14 December 2015
  • Monitoring of Mutual Investments in CIS Countries 2015

    According to the sixth report of a years-long research project in 2014 the fall in mutual foreign direct investments (FDI) between the CIS countries was $6.3 billion, or 12% year-on-year. One of the main causes for this drastic decline in all mutual FDI in the CIS was the destabilised economic and p...

    01 October 2015
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The project of the EDB Centre for Integration Studies “EDB Integration Barometer” has a long-term status and presents the results of a comprehensive research study of public attitudes towards integration in the CIS region. It is based on yearly monitoring surveys of public opinion in 12 states of the CIS region on a diverse range of issues, such as multilateral economic cooperation, interstate political relations, social and business contacts and cultural interactions. One of the key goals of this project is studying of the social support for the Customs Union and the Single Economic Space (the future Eurasian Economic Union), identified not only in the three member-countries, but also throughout the region, which have common border with the CU and the SES and which do not have it. The research presents a detailed picture of public attitudes, including the dynamics, common indices, fundamental regularities and forecasts of future developments in integration processes, as well as public evaluation of the degree of integration between the countries of the CIS region.

Year

Reports

  • EDB Integration Barometer - 2016

    The report presents the results of the EDB Centre for Integration Studies’ ongoing research project “EDB Integration Barometer”. In 2016, 8,500 people from 7 CIS countries (Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, and Tajikistan) answered about 20 questions concerning the Eurasian ...

    26 October 2016
  • EDB Integration Barometer - 2015

    The fourth wave of public opinion surveys on integration preferences in the CIS countries suggests that the "integration core" of the Eurasian Economic Union (EAEU) continues to consolidate. In Kazakhstan, Russia and the Kyrgyz Republic 78-86% of the population support the Eurasian integration. At t...

    16 October 2015
  • EDB Integration Barometer - 2014

    The results of the third research into preferences of the CIS region population with respect to various aspects of Eurasian integration suggest that the “integration core” of the Eurasian Economic Union (EEU) continues to form and crystallise. The research has been performed by Eurasian Development ...

    22 September 2014
  • EDB Integration Barometer - 2013

    In Belarus, Kazakhstan and Russia public support for the Customs Union and the Single Economic Space (SES) remains high at 65%, 73% and 67% respectively, as shown by the second survey of public preferences in the CIS with respect to various issues of Eurasian integration undertaken by Eurasian Devel...

    21 July 2013
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The purpose of this ongoing project of the EDB Centre for Integration Studies is systemic review of regional integration organizations throughout the world to enable subsequent practical application of international best practices to Eurasian integration. The core of the project is the periodically updated database of regional economic organizations and treaties (Regional Integration Database, RID).

Regional Integration Database (RID)

RID is a publicly available, open-access resource. The most up-to-date version of the database can be found at: Regional Integration Database (RID). The EDB Centre for Integration Studies invites the experts to extensively use the database when conducting qualitative and quantitative research. The proper attribution to RID must be given by including a link to this source.
We welcome any feedback on Regional Integration Database (RID).

Year

Reports

  • Regional Organizations: Typology and Development Paths

    The report presents the results of the EDB Centre for Integration Studies’ ongoing project “Regional Integration in the World.” One of the aims of this project is comprehensive analysis of regional integration organizations in the world and later application of the findings in facilitating the proce...

    18 August 2016
  • Regional Integration Database: Analytical Report

    The EDB Centre for Integration Studies has completed the work on its first analytical report based on Regional Integration Database (RID). The author of the report conducted the structural analysis comparing the EAEU with other regional organizations (ROs). The application of RID enabled to provide ...

    13 November 2015
  • Regional Integration Database

    The Regional Integration Database is an applied research project implemented by Eurasian Development Bank’s (EDB) Centre for Integration Studies. The objectives associated with the establishment and advancement of the Eurasian Economic Union require that both positive and negative global experience ...

    17 November 2014
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This bloc includes reviews of economic cooperation with the EU and Asian countries.

EDB promotes normalization and evolution of relations between the Eurasian Economic Union and the European Union through its involvement in the long-term international project Challenges and Opportunities of Economic Integration within a Wider European and Eurasian Space. EDB has been implementing the project since 2014 together with the International Institute for Applied Systems Analysis (IIASA, Austria) in cooperation with the Eurasian Economic Commission. The purpose of the project is to develop recommendations on bilateral rapprochement, and design the agenda for future negotiations between the two unions. The IIASA-based independent discussion and analysis platform is currently the only forum regularly attended by both the European Commission and the Eurasian Economic Commission representatives.

Starting with 2016, the Centre’s priorities list has been complemented with the expanding economic cooperation with the Asian countries. The central issue is the applied analysis of junction points between the EAEU and the Silk Road Economic Belt (SREB), including investment flows, trade flows, and development of transport corridors. The analysis prepared by the EDB Centre for Integration Studies seeks to shape an optimal behavior model both for the EAEU as a whole, and for its member states, as well as for the Bank itself. In addition to that, the Centre focuses on economic cooperation with other Asian countries, such as South Korea, Japan, Vietnam, Iran, India, Mongolia, etc.

Year

Reports

  • European Union and Eurasian Economic Union: Long-Term Dialogue and Perspectives of Agreement

    This report presents preliminary results of conceptual analysis of developing EU-EAEU economic relations and search of practical approaches to achieving that goal. This work is processed by the International Institute for Applied Systems Analysis (IIASA, Austria) and the Centre for Integration Studi...

    19 August 2016
  • The Conflict of Two Integrations

    The research was conducted for the Committee for Civic Initiatives and devoted to the challenges, costs, and benefits that the post-Soviet states have been recently facing when choosing between the two integration regimes – the “European” one (European Union) and the “Eurasian” one (Customs Union an...

    01 January 2015
  • Prospects for economic integration in the space of Greater Eurasia

    In 2013, the EDB CIS initiated a long-term international project “Challenges and Opportunities of Economic Integration within wider European and Eurasian Space”.

    20 November 2014
  • Two Integration Projects in Europe: Dead End of Struggle

    This report prepared with the participation of Evgeny Vinokurov, Director of the EDB Centre for Integration Studies, at the request of the Civic Initiatives Committee, represents the first part of a project targeting the problems and prospects of two economic integration projects in Greater Europe —...

    21 August 2014
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