System of Indicators of Eurasian Integration II

This report presents the results of the study performed as part of the EDB project “System of Indicators of Eurasian Integration” (SIEI). The study concerns the measurement and analysis of the long-term dynamics of integration processesin the post-Soviet space. It covers eleven CIS countries plus Georgia from 2009 to 2012 and it continues the 1999–2008 analysis that was carried out in 2009. The SIEI includes the analysis of two main aspects of regional economic integration, namely market integration and economic convergence. The first aspect is evaluated on the basis of six indices that measure integration in the fields of: trade labour migration, electrical power engineering, agriculture, education and investments. The second aspect is evaluated on the basis of four indices of regional integration in the fields of: macroeconomics, monetary policy, fiscal policy and financial policy.