Опыт европейского Экономического и валютного союза: уроки для евразийского интеграционного проекта

Abstract

The article is devoted to the prospects of the monetary union creation on the
 basis of the Eurasian Economic Union (EAEU), analyzed with consideration of the
 lessons learned from the experience of the Economic and Monetary Union of the
 European Union (EMU). The author comes to the unambiguous conclusion:
 a monetary union should be firmly based on successively passed preceding levels
 of integration. Real convergence of national economies alongside with creation
 of common financial market is crucial for completion of the Eurasian integration
 in form of an economic union. Development towards the monetary union would
 require implicit adherence to the “four freedoms” principle as well as scrupulous
 coordination of fiscal policies. Nowadays, introduction of a single currency can’t
 be seen as top priority of the monetary and financial integration within the
 framework of the EAEU: the emphasis is put on coordination of exchange rate
 policies and broader use of national currencies in mutual settlements.