Analysis of spillover effects in the economic literature in the context of integration processes
Abstract and keywords
Abstract (English):
The relevance of the study is due to the fact that the size and role of the Russian economy among the EAEU member states, as well as the scale of current political and economic challenges, make it the main generator of negative economic processes in the EAEU space. Understanding the spillover effects arising in the process of integration will contribute to the reduction of negative external economic shocks in the EAEU. The aim of the article is to identify spillover effects in the economic literature in the logic of the development of integration processes. The literature review analyzes relevant sources related to the economic context of spillover effects. This paper presents the second part of the literature review to identify the spillover effects arising from the integration of markets, countries and individual regions in the economic literature. As a result of the study, it was found that there is a certain consensus in the economic literature in understanding spillover effects primarily in the aspect of integration of financial and resource markets.

Keywords:
spillover effects, literature review, integration, financial markets, crisis diffusion
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References

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