Prospects for the Institutionalization of the Integration Processes of the Eurasian Economic Union (EAEU)

Abstract

This article discusses the prospects for the institutionalization of the integration processes of the Eurasian Economic Union. With the help of structural-functional analysis, the authors explore the mechanisms of functioning of the relevant actors in the modern environment and evaluate the effectiveness of the mechanisms of their activity in changing conditions. The article highlights the following elements: the study of the stages of integration processes in the region, the identification of factors influencing them, the analysis and comparison of statistical trade and economic indicators of the EAEU member countries, as well as the prospects for the development of integration in the post-Soviet space. As prospects for the development of the EAEU, the most optimal way is seen as its transformation into a kind of economic and political organization, that is, an economic or economic and monetary union with elements of a common security policy to respond to modern crises, as a factor in strengthening interstate ties within both the Eurasian Economic Union, and the entire post-Soviet space