WSEAS Transactions on Business and Economics


Print ISSN: 1109-9526
E-ISSN: 2224-2899

Volume 16, 2019

Notice: As of 2014 and for the forthcoming years, the publication frequency/periodicity of WSEAS Journals is adapted to the 'continuously updated' model. What this means is that instead of being separated into issues, new papers will be added on a continuous basis, allowing a more regular flow and shorter publication times. The papers will appear in reverse order, therefore the most recent one will be on top.

Volume 16, 2019


Potential of Export-Oriented Import Substitution in the Eurasian Economic Union: the Case Study of the Agro-Industrial Complex

AUTHORS: Vasily S. Starostin, Veronika Yu. Chernova, Elena A. Fedorenko

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ABSTRACT: Digitalization offers great opportunities for the development of economic potential. This is especially true for members of the Eurasian Economic Union (EEU) who face fierce competition in international markets from the developed countries. The purpose of this article is to substantiate the possibilities of the most complete use of the potential of export-oriented import substitution in the EEU in the agro-industrial sector under the conditions of digitalization of the economy. To achieve the goal of the study, the approach was used based on a combination of methods for the comprehensive analysis of the areas of strategic development of agro-industrial enterprises and statistical analysis. To establish economic interrelations, the matrix of import and export of various types of agricultural products in the EEU member countries has been proposed.

KEYWORDS: import-substituting policy, integration, agriculture, import dependency restructuring strategies.

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WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 16, 2019, Art. #17, pp. 145-152


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