Publication:
What Promises Does the Eurasian Customs Union Hold for the Future?

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dc.contributor.authorCarneiro, Francisco G.
dc.date.accessioned2014-02-12T19:18:41Z
dc.date.available2014-02-12T19:18:41Z
dc.date.issued2013-02
dc.description.abstractEstablished in 2010, the Eurasian Customs Union (ECU) carries significant economic weight as three of its member countries represent a potentially large consumer market. Drawing on existing literature that has studied the likely impacts of the ECU in Central Asia, this note discusses the ECU's pitfalls and potential benefits. After briefly describing the main features of the ECU, this note assesses whether the changes introduced after its establishment have benefitted all of its members equally, and concludes with a discussion of what will need to change to achieve the ECU's full potential. Available evidence suggests that the Russian Federation has been the main beneficiary in the short term, but that there are several benefits to be gained by other members in the medium to long term. Full realization of these benefits, however, will require political commitment and steadfast action to reduce nontariff barriers (NTBs), improve trade facilitation, and reduce the costs of trading across borders in the region.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/02/17394402/promises-eurasian-customs-union-hold-future
dc.identifier.doi10.1596/17034
dc.identifier.urihttps://hdl.handle.net/10986/17034
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesEconomic premise;no. 108
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAVERAGE TARIFF
dc.subjectAVERAGE TARIFF RATE
dc.subjectBARRIERS TO TRADE
dc.subjectBORDER CONTROLS
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCOMMON MARKET
dc.subjectCOMMON TARIFF
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER CHOICE
dc.subjectCONSUMERS
dc.subjectCUSTOMS
dc.subjectCUSTOMS PROCEDURES
dc.subjectCUSTOMS UNION
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDIVERTING TRADE
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC COMMUNITY
dc.subjectECONOMIC EXPANSION
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC UNION
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL TARIFF
dc.subjectEXTERNAL TARIFFS
dc.subjectFEDERAL AGENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN INVESTMENT
dc.subjectGDP
dc.subjectGENERAL EQUILIBRIUM
dc.subjectGOVERNING IMPORTS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHARMONIZATION
dc.subjectIMPORT COSTS
dc.subjectIMPORT DUTIES
dc.subjectIMPORT TARIFF
dc.subjectIMPORTS
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT CLIMATE
dc.subjectLEGAL REGIME
dc.subjectLIBERALIZATION
dc.subjectLOCAL CONTENT
dc.subjectMARKET ACCESS
dc.subjectMARKET SIZE
dc.subjectMEMBER COUNTRIES
dc.subjectMEMBER STATES
dc.subjectMONOPOLY
dc.subjectNEW MARKETS
dc.subjectNEW PRODUCTS
dc.subjectNONTARIFF BARRIERS
dc.subjectPOLITICAL ECONOMY
dc.subjectPRODUCTION CHAINS
dc.subjectPRODUCTION COSTS
dc.subjectREAL INCOME
dc.subjectRED TAPE
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL INTEGRATION AGREEMENTS
dc.subjectREMOVAL OF TRADE BARRIERS
dc.subjectRETURN ON CAPITAL
dc.subjectTARIFF BARRIERS
dc.subjectTARIFF CHANGES
dc.subjectTARIFF PROTECTION
dc.subjectTARIFF RATE
dc.subjectTARIFF RATES
dc.subjectTARIFF SCHEDULE
dc.subjectTARIFF STRUCTURE
dc.subjectTECHNICAL BARRIERS
dc.subjectTECHNICAL REGULATION
dc.subjectTECHNICAL REGULATIONS
dc.subjectTECHNICAL STANDARDS
dc.subjectTRADE BLOC
dc.subjectTRADE CREATION
dc.subjectTRADE DIVERSION
dc.subjectTRADE DIVERSION COSTS
dc.subjectTRADE FACILITATION
dc.subjectTRADE INTEGRATION
dc.subjectTRADE PARTNERS
dc.subjectTRADES
dc.subjectTRADING PARTNER
dc.subjectTURNOVER
dc.subjectWAGES
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleWhat Promises Does the Eurasian Customs Union Hold for the Future?en
dspace.entity.typePublication
okr.date.disclosure2013-02-28
okr.date.doiregistration2025-04-29T10:27:37.008948Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/02/17394402/promises-eurasian-customs-union-hold-future
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTrade and Competitiveness
okr.guid166911468107958999
okr.identifier.externaldocumentum000356161_20130228150558
okr.identifier.internaldocumentum17394402
okr.identifier.report75656
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/02/28/000356161_20130228150558/Rendered/PDF/756560BRI0EP1080Box374342B00PUBLIC0.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRussian Federation
okr.region.geographicalEuropean Union
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.topicInternational Economics and Trade::Trade Policy
okr.topicInternational Economics and Trade::Free Trade
okr.topicEconomic Theory and Research
okr.topicPrivate Sector Development::Emerging Markets
okr.topicMacroeconomics and Economic Growth
okr.unitMacroeconomics 1 (ECSP1)
okr.volume1 of 1
relation.isAuthorOfPublication2c308a64-886c-507e-98b9-54f74364d5c4
relation.isAuthorOfPublication.latestForDiscovery2c308a64-886c-507e-98b9-54f74364d5c4
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