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IMPROVING THE CLASSIFICATION OF INTEGRATION RISKS ON EXAMPLE OF THE EURASIAN ECONOMIC UNION

I.V. Muradov, Elena Sidorov, Lyudmila Korshunova

First published: 2020-09-20https://doi.org/10.5593/sgem2020/5.2/s21.036View metrics

Abstract

The integration processes taking place in the modern world increasingly determine the level of international relations. The implementation of integration relationships, as well as the implementation of any phenomenon, is accompanied by certain risks. Currently, there are a lot of classifications of both integration processes and the risks that arise during their implementation. From our point of view, the integration risks with respect to specific international associations, in particular the Eurasian Economic Union, have not been sufficiently studied. The development of modern international relations is inextricably linked with integration processes. Integration is intensively implemented in various areas of interaction of both individual countries and their associations. The study of these processes requires their comprehensive study and evaluation. The Eurasian Economic Union is an intensively developing modern international association that solves a variety of different tasks (coordination of economic actions in the development of markets for goods, services, capital, labor, etc.). In the process of solving such important tasks, there is a high probability of various risks. To take into account their possible impact, it is necessary to study the causes of their occurrence, to fully take into account and classify risks, and, first of all, associated with integration processes. In this regard, the study presented proposed improving the classification of those integration risks that are the main causes of disintegration in the world economy. It has been established that it is appropriate to use the following risk classifications for integration structures: by degree of control, admissibility, time of occurrence, and duration of exposure.

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Publication details

Title
IMPROVING THE CLASSIFICATION OF INTEGRATION RISKS ON EXAMPLE OF THE EURASIAN ECONOMIC UNION
Authors
I.V. Muradov, Elena Sidorov, Lyudmila Korshunova
Proceedings
SGEM International Multidisciplinary Scientific GeoConference EXPO Proceedings; 20th International Multidisciplinary Scientific GeoConference Proceedings SGEM 2020, Ecology, Economics, Education and Legislation
Publisher
STEF92 Technology
Year
2020
Pages
293-300
SWS Citekey
Muradov202021293300
ISSN
1314-2704
ISBN
978-619-7603-11-8
Language
en
Publication type
Conference Paper
Keywords
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Number of times cited according to Crossref: 2

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