Template-Type: ReDIF-Article 1.0
Author-Name: Victor Ya. Pishchik
Author-Email: pv915@mail.ru
Author-Workplace-Name: Financial University under the Government of the Russian Federation, 125993, Russia
Author-Name: Petr V. Alekseev
Author-Email: apv31@mail.ru
Author-Workplace-Name: Financial University under the Government of the Russian Federation, 125993, Russia
Title: Actual Formation Issues of the Single Financial Market of the EAEU Member States
Abstract: The article analyzes the actual issues of formation of the single financial market of EAEU countries. The authors assert, that at present the most important for the solution of this problem is the formation of the economic potential of the Union, primarily through the enhancement of the effectiveness of reproduction process in the member states. This article discusses the factors constraining formation of a single financial market, including the incomplete formation of the single economic space, the unfavorable investment climate, insufficient predictability of the national currencies of EAEU countries. Attention is paid to such important issues of the financial integration as harmonization of legislation, improvement of the investment climate, institutional consolidation.
Classification-JEL: F36
Keywords: Eurasian economic union, financial integration, single financial market, harmonization of legislation, investment climate, industrial cooperation, monetary policy
Journal: Finansovyj žhurnal — Financial Journal
Pages: 102-111
Issue: 5
Year: 2017
Month: October
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2017/5/articles/fm_2017_5__08.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:170508:p:102-111