Interaction of Eurasian and International Financial Institutions

This book builds on theory of authoritarian regionalism and is the first attempt to analyse the interaction of authoritarian regional organizations in Eurasia with their global and regional counterparts (NATO, EU, WTO, IMF etc.). It analyses three decades of the development of post-Soviet regional organizations prior to the tectonic geopolitical and security changes of 2022.

Eurasian regional organizations created by Russia have been frequently perceived as attempts to establish ‘alternatives’ to the global governance institutions and to compete with other regional organizations like, for example, the European Union (EU). They are seen as a pronounced example of ‘authoritarian regionalism’, i.e., regional organizations established by non-democracies. The way they interact with global and regional institutions has, however, remained understudied. This book aims to close this gap. It places Eurasia within a global context and considers similar trends world-wide as well as outlines the agenda for future studies of global versus regional governance. The book sheds light on long-term strategies of Russia in Eurasia, in global economy and in world politics, and on the interaction between Russia and other post-Soviet states.

With an extended introduction and conclusion, this book is an insightful resource for scholars; advanced students; and researchers of politics, international relations, and Eurasian area-studies. The chapters in this book were originally published as a special issue of Post-Communist Economies.

Table of Contents:

Introduction — Global Governance and interaction between international institutions: the challenge of the Eurasian international organizations

Alexander Libman and Anastassia Obydenkova

1. Geopolitical games in Eurasian regionalism: ideational interactions and regional international organisations

Vladimir S. Izotov and Anastassia V. Obydenkova

2. The Eurasian Economic Union: keeping up with the EU and China

Ann-Sophie Gast

3. The Eurasian Economic Union: integration without liberalisation?

Rilka Dragneva and Christopher A. Hartwell 

4. Russia in international economic institutions: are there contradictions in the regional and global agendas?

Mikhail Golovnin and Daria Ushkalova 

5. Eurasian regionalism and the WTO: a building block or a stumbling stone?

Alexander Libman

6. Interaction of Eurasian and international financial institutions

Evgeny Vinokurov

7. NATO vs. the CSTO: security threat perceptions and responses to secessionist conflicts in Eurasia

Farid Guliyev and Andrea Gawrich 

8. Competitiveness through new industrialisation in the EAEU

Viachaslau Yarashevich 

9. Moving towards developmental regionalism? industrial cooperation in the Eurasian Economic Union from an Armenian and Belarusian perspective

Julia Eder

Conclusion—Global governance and Eurasian international organisations: lessons learned and future agenda

Alexander Libman and Anastassia V. Obydenkova