Eurasian economic integration: the challenges for small and medium companies
Abstract
Purpose – the main purpose of paper is evaluate degree of trade openness of Kazakhstan towards Eurasian Economic Union and identify whether the Union had effect on the Kazakhstani enterprises.
Methodology – In this article, we use some principles of the collection, analysis, and management of qualitative data. We surveyed two hundred top executives of companies of all sizes, based in Kazakhstan.
Originality/value – Based on the results government and Eurasian Economic Union institutions could improve policy of further integration development.
Findings – Most of companies from primary and tertiary sector did not had an effect of Eurasian Economic Union on their business. Majority secondary sector companies responded that Eurasian Economic Union had effect.
About the Authors
A. Jumasseitova
Kazakh British Technical University
Kazakhstan
Kazakhstan
Assel Jumasseitova, Associate Professor, PhD
Almaty
M. Bigabatova
Al-Farabi Kazakh National University
Kazakhstan
Kazakhstan
Madina Bigabatova, PhD student
Almaty
References
1. Haksöz, Ç., Seshadri, S., Iyer, A.V. (Eds.). (2011), Managing supply chains on the Silk Road: Strategy, performance, and risk, Taylor & Francis, London.
2. Baldwin, R.E., Venables, A.J. (1995), Regional economic integration. Handbook of international economic, Vol. 3, pp. 1597-1644.
3. Baranovsky, V. (1986), The European Community in the system of international relations. The science.
4. Parsons, T., Smelser, N. (2005), Economy and society: A study in the integration of economic and social theory, Routledge, London.
5. Dicken, P. (1994), "The Roepke lecture in economic geography global-local tensions: firms and states in the global space-economy", Economic Geography, Vol. 70 No. 2, pp. 101-128.
6. Perroux, F. (2010), A new concept of development: basic tenets, Routledge, London.
7. Machlup, F. (1976), "A History of Thought on Economic Integration (Presidential Address)", In Economic integration: worldwide, regional, sectoral, Palgrave Macmillan, London.
8. Wille, P., Redden J. (2007), "A comparative analysis of trade facilitation in selected regional and bilateral trade agreements and initiatives", Chapter II in ESCAP, Trade facilitation beyond the multilateral trade negotiations: Regional practices, customs valuation and other emerging issues – A study by the Asia-Pacific Research and Training Network on Trade, United Nations, New York.
9. Balassa, B. (1961), "Towards a theory of economic integration", Kyklos, Vol. 14 No. 1, pp. 1-17.
10. Nguyen, H.T.N., Enderwick, P. (2016), "The perceptions and responses of Vietnamese firms towards deeper regional economic integration: case studies from the food processing industry", Journal of Southeast Asian Economies (JSEAE), Vol. 33 No. 1, pp. 65-82.
11. Kyophilavong, P., Vanhnalat, B., Phonvisay, A. (2017), "Lao SME participation in regional economic integration", Journal of Southeast Asian Economies (JSEAE), Vol. 34 No. 1, pp. 193-220.
12. Thomas, A.O., Marandu, E. (2017), "Rhetoric and realities of regional integration: Botswana SME perspectives on Southern African trade", South African Journal of Business Management, Vol. 48 No. 2, pp. 75-86.
13. Gatto, F. (1999), "Mercosur: its challenges to small and medium-sized industrial enterprises in terms of competition", Cepal Review.
14. Huin, S.F., Luong, L.H.S., Abhary, K. (2003), "Knowledge-based tool for planning of enterprise resources in ASEAN SMEs", Robotics and Computer-Integrated Manufacturing, Vol. 19 No. 5, pp. 409-414.
15. Dilger, R.J. (2016), "The European Union's small business act: a different approach", Current Politics & Economics of Europe, Vol. 27, No. 2.
16. Kausikan, B., Devan, J., Chan, H.C., Ong, K.Y., Pillai, G. (2017), Dealing with an ambiguous world, World Scientific Publishing Company Pte. Limited.
17. Soesastro, H., Basri, M.C. (2005), "The political economy of trade policy in Indonesia", ASEAN Economic Bulletin, pp. 3-18.
18. Bąkiewicz, A. (2012), "Transformation of economic system in Poland. The SMEs and EU integration", Revista Universitaria Ruta, Vol. 13, pp. 71-86.
19. Tran, H.T.T. (2015), "Challenges of Small and Medium-Sized Enterprises (SMEs) In Vietnam during the Process of Integration into the ASEAN Economic Community (AEC)", International Journal of Accounting and Financial Reporting, Vol. 5 No. 2, pp. 133-143.
20. Tang, S. (2000), "Economic integration in Central Asia: the Russian and Chinese relationship", Asian Survey, Vol. 40 No. 2, pp. 360-376.
21. Dragneva, R., Wolczuk, K. (2012), Russia, the Eurasian Customs Union and the EU: Cooperation, Stagnation or Rivalry?
22. Leskova, I.V., Ermakov, D.N., Andruschenko, G.I., Raspopov, S.V., Khmelevskaya, S.A. (2015), "Relevant aspects of the integration of post-soviet countries in the project of the Eurasian economic space", Review of European Studies, Vol. 7 No. 6, pp. 231-238.
23. Tarr, D.G. (2016), "The Eurasian Economic Union of Russia, Belarus, Kazakhstan, Armenia, and the Kyrgyz Republic: Can It Succeed Where Its Predecessor Failed?", Eastern European Economics, Vol. 54 No. 1, pp. 1-22.
24. Ritchie, J., Spencer, L. (2002), "Qualitative data analysis for applied policy research", The qualitative researcher’s companion, Vol. 573, pp. 305-329.
25. Fisher, A.G. (1939), "Production, primary, secondary and tertiary", Economic record, Vol. 15 No. 1, pp. 24-38.
26. Economic Commission for Europe United Nations. Small and medium-sized enterprises in countries in transition (2003), UN.
Review
For citations:
Jumasseitova A., Bigabatova M. Eurasian economic integration: the challenges for small and medium companies. Central Asian Economic Review. 2018;(1):110-121.
Views:
325
Email this article 