Alexey Kuznetsov, Andrey Anisimov - Monitoring of Mutual Direct Investments in the Post-Soviet Area, WORLD FINANCE REVIEW, Spring, 2013, no 33

21 August 2013

Ranking of CIS MIM projects by volume of accumulated direct investments (excluding projects for which no data is available) Geographic structure of accumulated Russian direct investments in CIS countries and Georgia (CIS MIM). While the recent global economic crisis induced long-term problems in the Eurozone, which is the most elaborated project of regional integration, the relatively quick post-crisis recovery in the post-Soviet area stimulated new integration efforts with Russian participation. Active development of the Common Economic Space based on the Customs Union of Russia, Belarus and Kazakhstan is currently underway. Yet, it marks far from the fi rst attempt at tight economic integration within the post-Soviet space. As histories of the European Union and many other projects of regional integration have shown, the success of “top-down” integration efforts is only possible with intensive corporate integration.

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