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The Directions of Integration Activities of the SCO Countries
Miroshnychenko T. M.

Miroshnychenko, Tetiana M. (2019) “The Directions of Integration Activities of the SCO Countries.” Business Inform 3:32–36.
https://doi.org/10.32983/2222-4459-2019-3-32-36

Section: International Economic Relations

UDC 339.923:061.1ШОС

Abstract:
The publication is aimed at researching the directions of integration activities of the Shanghai Cooperation Organization (SCO) on the basis of analysis of its main documents and results of the activities of the member countries. The publication shows that nowadays new directions, projects and mechanisms for economic cooperation, having potential to influence the global economy, are being formed within the framework of the Organization. It is argued that the economic results of the SCO activities for the member countries are based, above all, on the great creative potential of economic self-sufficiency of the Organization due to the existence of a closed cycle of producers and consumers, which forms a huge reserve of its economic development as a whole and of each its individual member in particular. The conclusion is that the main economic performance of the member countries is related to trade, energy cooperation, creation of a favorable investment climate, regional division of labor. However, the uneven economic potential of the member countries creates imbalances and causes problems as a result of their raw material orientation, low financial strength, underdeveloped institutions of the modern market, as well as a result of the recent weakening of interest on the part of the leader of the Organization – China – to the narrow Eurasian cooperation.

Keywords: Shanghai Cooperation Organization, economic performance, Eurasian cooperation.

Tabl.: 1. Bibl.: 9.

Miroshnychenko Tetiana M. – Candidate of Sciences (Economics), Senior Lecturer, Department of International Economic Relations named after Artur Holikov, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

List of references in article

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“Delovoy sovet ShOS. Energeticheskiy klub. ShOS: kakim yemu byt?“ [SCO Business Council. Energy Club. SCO: what should it be?]. http://bc-sco.org/?level=8&id=29&lng=ru
Dovhal, O. A. “Protektsionizm i liberalizm u zovnishnyotorhovelnykh vidnosynakh u protsesi hlobalizatsii ekonomiky“ [Protectionism and liberalism in foreign trade relations in the process of globalization of the economy]: avtoref. dys. … d-ra ekon. nauk : 08.00.01, 2006.
Dovhal, O. A. “Svitohospodarska vzaiemodiia v intehrovanomu hlobalnomu sviti: spetsyfika ta dynamika“ [World Economic Interaction in an Integrated Global World: Specificity and Dynamics]. In Transformatsiia mizhnarodnykh ekonomichnykh vidnosyn v epokhu hlobalizatsii, 48-61. Kharkiv: KhNU imeni V. N. Karazina, 2015.
“Dushanbinskaya deklaratsiya ShOS (28.08.2008)“ [The Dushanbe Declaration of the SCO (August 28, 2008)]. http://infoshos.ru/ru/?id=39
“Khartiya Shankhayskoy organizatsii sotrudnichestva (07.06.2002)“ [Charter of the Shanghai Cooperation Organization (June 07, 2002)]. http://infoshos.ru/ru/?id=33
Aris, S. Eurasian Regionalism. The Shanghai Cooperation Organisation. Basingstoke: Palgrave Macmillan, 2011.
Aris, S. “The Shanghai Cooperation Organization: 'Tackling the Tree Evils'. A Regional Response to Non-traditionsl Security Challenges or an Anti-Western Bloc?“. Europe-Asia Studies, vol. 61, no. 3 (2009): 460-478.
Gatev, I., and Diesen, G. “Eurasian encounters: the Eurasian Economic Union and the Shanghai Cooperation Organisation“. European Politics and Society, vol. 17, no. 1 (2016): 133-150.

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