THE COMPLEX TERRITORIAL, SOCIAL AND ECONOMIC SYSTEM EURASEC: EVOLUTIONARY DEVELOPMENT

• Main Authors: L. M. Borch, Y. N. Vorobyov, D. D. Burkaltseva, S. V. Gerasimova
• Format: Article
• Language: Russian
• Published: Government of the Russian Federation, Financial University 2017-10-01
• Series: Финансы: теория и практика
• Subjects: evolutionary development; eurasec; methodological foundations; complex territorial system; complex social and economic system; integration processes
• Online Access: https://financetp.fa.ru/jour/article/view/416

The paper describes the scientific concept of development of the EurAsEC representing a complex territorial, social and economic system. It characterizes EurAsEC as a social and economic space, defines its legal and organizational framework, identifies stages of its evolutionary development. The authors specify key trends within specific tasks as well as main advantages of four classical freedoms. It is noted that creation of the Eurasian Economic Community (EurAsEC) lays foundations for evolutionary international development which makes it possible to use constructivism in existing financial markets, define a vector of development, change models and control mechanisms with the purpose to increase the impact on macroeconomic processes in the EurAsEC member states. Social and economic development of the EurAsEC plays a critical role in improving healthcare and living standards, education, environmental conditions, and rising income. The evolutionary development of the EurAsEC implies the development of natural resources potential, enhanced prospects of cooperation in different economic sectors, higher living standards.