Abstract
The Eastern Enlargement of the EU increased the importance of the EU’s economic and political relations with the CIS countries The CIS countries located in EE and the Southern Caucasus were invited to participate in the ENP and in the EaP. However, a major weakness of both policy frameworks is the imbalance between the EU’s far-reaching expectations with respect to its neighbors’ policies and reforms, and the limited and distant rewards that can potentially be offered. Thus, making the policy frameworks more effective requires a serious enhancement of the rewards using, to the extent possible, the positive experience of previous EU enlargements. The nature of economic relations in a globalized world calls for a more complex package-type approach to economic integration rather than limiting cooperation to a few narrow fields.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
In WEO (2010) the CIS also includes Mongolia, which is beyond the scope of our analysis.
- 2.
At the beginning of the 1990s, the former communist countries and Finland were heavily affected by a disruption of COMECON and the collapse of the USRR. The next shock came in 1998 with the Russian and CIS financial crises, which had a negative impact on the Baltic countries and, to a lesser extent, on Poland and Bulgaria.
- 3.
Sources differ in remittances’ estimates, which is hardly surprising taking into consideration the unofficial character of labor migration and various channels of transferring remittances to one’s home country (primarily outside the formal banking sector).
- 4.
References
Council of the European Union (2007a) Strengthening the European neighborhood policy. Presidency progress report. General Affairs and External Relations Council (GAERC). June 18–19 http://register.consilium.europa.eu/pdf/en/07/st10/st10874.en07.pdf
Council of the European Union (2007b) The EU and Central Asia: strategy for a new partnership. Council of the European Union. May 31. http://register.consilium.europa.eu/pdf/en/07/st10/st10113.en07.pdf
Council of the European Union (2009) Presidency conclusions. Council of the European Union. April 29 http://register.consilium.europa.eu/pdf/en/09/st07/st07880-re01.en09.pdf
EEF (2010) European economic forecast – autumn 2010. Statistical annex. http://ec.europa.eu/economy_finance/eu/forecasts/2010_autumn/statistical_en.pdf
Emerson M, Noutcheva G, Popescu N (2007) European neighbourhood policy after two years: time indeed for an ‘ENP Plus’. CEPS Policy Brief 126
European Commission (2003) Wider Europe – neighbourhood: a new framework for relations with our eastern and southern neighbours. Communication from the Commission to the Council and the European Parliament. European Commission COM(2003) 104 final. March 11 http://ec.europa.eu/world/enp/pdf/com03_104_en.pdf
European Commission (2004) European neighborhood policy. Strategy paper. Communication from the Commission. European Commission COM(2004) 373 final. May 12http://ec.europa.eu/world/enp/pdf/strategy/strategy_paper_en.pdf
Guild E, Khasson V, Mir M (2007) State-of-the-art: the nexus between European neighbourhood policy and justice and home affairs. CASE Netw Rep 73.
Jakubiak M et al (2006a) Prospects for EU–Ukraine economic relations. CASE Netw Rep 66.
Jakubiak M et al (2006b) Prospects for EU–Moldova economic relations CASE Netw Rep 67
Light M (2007) The evolution of EU policy towards its CIS Neighbours. CASE Netw Stud and Anal 341
Lozovyi O, Kudina A (2007) The determinants of portfolio flows into the CIS countries, CASE Netw Stud and Anal 354
Milcher S, Slay B, Collins M (2007) The economic rationale of the ‘European Neighborhood Policy’. In: Aslund A, Dabrowski M (eds) Europe After Enlargement. Cambridge University Press, Cambridge
Road Map (2005) Road map for the Common Economic Space – building blocks for sustained economic growth. http://eeas.europa.eu/delegations/russia/documents/eu_russia/road_maps_en.pdf
Schweickert R et al. (2007) Institutional convergence of CIS towards European benchmarks. Draft WP10 report for ENEPO project. http://www.case.com.pl/dyn/plik--15324587.pdf
Trauner F, Kruse I (2008) EC visa facilitation and readmission agreements: implementing a new EU security approach in the neighbourhood, CASE Netw Stud Anal 363
WEO (2010 October) World economic outlook. Recovery, risks and rebalancing. International Monetary Fund, Washington D.C.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2012 Springer Berlin Heidelberg
About this chapter
Cite this chapter
Dabrowski, M. (2012). Economic Relations Between the EU and CIS. In: Dabrowski, M., Maliszewska, M. (eds) EU Eastern Neighborhood. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-21093-8_12
Download citation
DOI: https://doi.org/10.1007/978-3-642-21093-8_12
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-21092-1
Online ISBN: 978-3-642-21093-8
eBook Packages: Business and EconomicsEconomics and Finance (R0)