Introduction of a Common Currency in the Union of the Russian Federation and the Republic of Belarus: Problems and Prospects

In: Voprosy Ekonomiki, Heft 10, S. 129-140

Abstract

The article is devoted to the analysis of introduction of a common currency in the Union of the Russian Federation and the Republic of Belarus. The article discusses costs and benefits of the currency union and the existence of an optimal currency area between Russia and Belarus. Possible directions of the process of institutional integration are considered, description of state-of-the-art is presented, future prospects and current handicaps are analyzed.