This dissertation provides a new light on the role of the Russian Federation in the Eurasian Economic Union’s (EEU) formation and its economic integration. It looks and assesses the level of...Show moreThis dissertation provides a new light on the role of the Russian Federation in the Eurasian Economic Union’s (EEU) formation and its economic integration. It looks and assesses the level of current integration of the EEU as well as its prospects, epitomized by Russia’s willingness to push for a monetary union. To do so, the Data Analysis section investigates both current and prospects of Russia’s economic integration with the EEU. In sum, the analysis results reveal Russia’s economic motivation towards increasing its further integration with the Eurasian Economic Union. Further remarks point to data limitation and potential future research on the matter.Show less
Since the creation of the European monetary union, countries across the globe have been wondering whether or not they too should form a monetary union. This thesis will examine to what extent it is...Show moreSince the creation of the European monetary union, countries across the globe have been wondering whether or not they too should form a monetary union. This thesis will examine to what extent it is a good idea for four Latin American countries to form a monetary union. The countries in question are Colombia, Chile, Peru and Brazil. These countries have been chosen because similar to the EMU, they share similar characteristics that are essential for the formation of a monetary union. This thesis will look a key questions regarding whether or not these countries should do it, if it’s optimal and if they can form an optimal currency area. To answer these questions, this thesis will look at macroeconomic variables including inflation and government debt. The combination of academic sources and hard economic data will ensure that the question can be answered in a clear and consistent manner. At the end of this thesis there will be a general conclusion whether or not these countries should form a monetary union and if this can become optimal.Show less
