This study critically examines the prospects for deep economic integration within the Eurasian Economic Union (EAEU), conceptualized as a regional ecosystem project. The primary objective is to evaluate the potential for achieving advanced levels of integration and the feasibility of introducing a unified currency across the EAEU member states. The research adopts a theoretical framework grounded in the market-institutional approach to economic integration, informed by neoliberal principles, and applies Robert Mundell’s theory of optimal currency areas (OCA) to assess the conditions necessary for a successful currency union. Methodologically, the study employs a statistical analysis of key economic indicators relevant to integration, including trade flows, economic convergence, and monetary stability, within the context of the OCA theory. The findings corroborate the hypothesis that the introduction of a single currency within the EAEU is fundamentally unattainable under current conditions. This conclusion is attributed to significant economic heterogeneity among member states and the heightened geopolitical risks that undermine the stability and cohesion required for a monetary union. The study contributes to the broader discourse on regional economic integration by highlighting the structural and geopolitical challenges faced by the EAEU, offering valuable insights into the limitations of monetary unification in complex regional ecosystems.
Original languageEnglish
Title of host publicationEcosystems Without Borders 2024: Economic Systems and Processes (EcoSyst 2024)
PublisherSpringer Nature
Pages117-127
Number of pages11
ISBN (Print)9783031978753
DOIs
StatePublished - 3 Jul 2025
EventV International Scientific and Practical Conference “Ecosystems without Borders” - Калининград, Russian Federation
Duration: 1 Oct 20243 Oct 2024

Publication series

NameLecture Notes in Networks and Systems
PublisherSpringer Nature
Volume1521
ISSN (Print)2367-3389

Conference

ConferenceV International Scientific and Practical Conference “Ecosystems without Borders”
Country/TerritoryRussian Federation
CityКалининград
Period1/10/243/10/24

    Research areas

  • Currency Union, EAEU, Economic Integration, Optimum Currency Areas, Regional Ecosystem Integration

    Scopus subject areas

  • Economics, Econometrics and Finance(all)

ID: 140859638