Prospects of Eurasian integration and new model of world economy

New historical process We are deeply impressed by the speech of the President of the Republic of Kazakhstan at the Moscow State University named after Lomonosov in April of the current year. The idea of some sort of integration in Eurasia in new circumstances was first proposed by President Nazarbayev 20 years ago. In a speech at Lomonosov Moscow State University on March 29, 1994, President Nazarbayev said: "How do I see the future of that space that used to be one country? Nowadays, in the conditions of sovereignty, recognizing equal rights of all, respecting the sovereignty and independence of each state, we could create a completely new unity. I would call it the Eurasian Union.

"The basic principle is ensuring equality and respect for the sovereignty and independence of the states, for individual rights and the identity of each state. Only those states which recognize these principles should be accepted into the Eurasian Union. We would work on the basis of bilateral agreements with those which do not accept or are not yet ready to observe these principles. Naturally, for member states of such a union, special conditions will be created," President Nazarbayev said then. In the few years immediately following President Nazarbayev's suggestion, the idea of closer Eurasian integration did not find traction. The situation began to change in the late 1990s and early 2000s with the creation of the Eurasian Economic Community, which brought together Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. Later, in 2010, Belarus, Kazakhstan and Russia opted for deeper integration when they set up the Customs Union, removing internal customs borders. In 2013, Armenia and Kyrgyzstan announced intentions to join the Customs Union and their preparations for accession are moving along. Russian scientists share the opinion of Kazakhstan President of the Republic of Kazakhstan that ‘Eurasian integration provides us with the overall strategic advantage on the eve of the coming of the Third Industrial Global Revolution. It comes under the act of dramatic paradigm and shift towards a multipolar world order. The current global instability may cause crisis of economy, international law, and global politics'. G8 and G20 are not able to handle the crisis. That is why in 2012 Nursultan Nazarbayev proposed an initiative to establish G-Global, which was interactively supported by 160 countries. G-Global includes the fundamental principles of the world in the XXI century. G-Global is a multifunctional Internet platform established with the aim to initiate and maintain a worldwide discussion on global development in its broadest sense and a wide range of related topics. The G-Global communication platform was first launched in February 2012 in Astana, with the support of 14 Nobel laureates including Robert Mundell, John Nash, Robert Kornberg, Eric Maskin, John Aumann, Finn Kydland and Sir James Mirlees - as well as other specialists in science and education, business executives and representatives of international organizations. Since its establishment, 25,000 contributors from 149 countries have been registered and more than 1.8 million people have visited the portal. The project aims at involving a maximum of people not just in Kazakhstan but around the world in the global debate on how to overcome the global financial crisis and present results of their input in the form of publications and contributions to debates to political and economic decision-makers in the world for consideration in the course of their deliberations. Input covers a wide range of intellectual domains concerning issues related to how to optimize mankind's quest for a future world where life is poised to get better and better for everyone living on the planet. In contrast, the development of the Eurasian Union (today it is Single Economic Space) has been moving very fast, indeed: From October 2000 (EurAsEC) to 2010 (the Customs Union) to 2011 (the Declaration of Eurasian Economic Integration) to 2012 (SES) the members have taken four steps to integration. The presidents are clearly pushing the integration process at a rapid pace. Consequently, these frequent changes made it impossible to evaluate or even measure any tangible results of the previous stage before the integration moved onto its next phase.

President of the Republic of Kazakhstan was quite logical, in our opinion, offering to declare the day of signing the Treaty establishing the Eurasian Economic Union (end of May 2014) as the Day of Eurasian integration. The global financial crisis has accelerated the process of regionalization, which is taking place in North and South America, Southeast Asia, the Gulf sub region, the Arab-Muslim world, Australia and Oceania, and West Africa. We support the conclusions of Nursultan Nazarbayev saying that in the XXI century regional integration has become an important factor in counteracting various global risks. Perspectives of the Eurasian integration and the potential economic pragmatism are one of the important aspects of the international anti-crisis program which will be discussed under the auspices of the UN at the VII Astana Economic Forum. The unique capabilities of G-Global At the upcoming II World Anti-Crisis Conference (WAC), which is to be held in the capital of Kazakhstan in the framework of the VII Astana Economic Forum, experts in finance, economics and representatives of central banks - members of the UN will make an analysis of the project and determine the fate of the UN World Anti-Crisis plan, developed in the format of a multipolar world of G-Global. Expressing the position of Russian scientists in support of this unique project and other conceptual solutions of AEF and WAC, we agree with the opinion of the author of G-Global President of Kazakhstan, that ‘the current global instability is not only global economic crisis, but a crisis of international law and the entire political systems of the present world". Excessive liberalization of the global financial system has led to ultra-high concentration of capital in foreign exchange transactions. With the increased attention of international community to the development of the UN Anti-crisis plan G-Global demonstrates the unique features. Russian scientists appreciate the value of all the projects of the Eurasian Economic Club of Scientists aimed at the creation of a new economic architecture of modern times. Comprehensively supporting N.Nazarbayev's breakthrough initiatives, we emphasize that in the time of global uncertainty the Kazakh leader urged multipolar world to form a new economic fairway of the XXI century based on trends of global transformation and social modernization of society. At the same time, Kazakhstan has made all the preliminary work on the concept of the project of the World Anti-Crisis plan and organized its presentation around the world with the support of all interested forces of the planet. Thus, the project should join all authoritative international organizations including ECOSOC, UNCTAD, IMF, World Bank and other global development institutions. In consideration of the foregoing we would like to address scientific, business and political circles, as well as experts from international organizations to contribute to the promotion of the project of the UN World Anti-Crisis plan to the global economy. Oleg Kuznetsov, Doctor of Technical Sciences, Professor, President of the Russian Academy of Natural Sciences, the USSR State Prize laureate, the Russian Federation State Prize laureate; Valery Kushlin, Vice President of the International Fund named after N. Kondratyev, Honored Economist of the Russian Federation; Anatoly Spitsyn, Director of the Institute for Strategic Studies EurAsEC integration problems, First Vice President of the Eurasian Club of Scientists; Yury Yakovets, President of the International Institute of Pitirim Sorokin - Nikolai Kondratyev, Honored Master of Sciences and Engineering of Russian Federation.