Marina Hamilton

Marina Hamilton is an economist with research interests in international and monetary economics, political economy, economic development, econometrics and data analysis. Her academic background combines economics, finance and information technologies. She holds the Ph.D. in Economics from Claremont Graduate University, MBA from Azusa Pacific University, and MS degree in Computer Science from Saint-Petersburg State University of Telecommunications. Her recent research on the prospects of the Eurasian monetary integration was presented at the Annual Conference on International Money, Finance and Economic Policy at the Claremont Institute for Economic Policy Studies (CIEPS).

Papers Published in World Economics:

Monetary Integration in the Eurasian Economic Union

Authors: Marina Hamilton & Graham Bird

The members of the Eurasian Economic Union (EEU) are continuing to discuss establishing a currency union. Do the characteristics of the EEU economies meet the criteria identified by optimum currency area theory, covering fiscal convergence, exchange rate stability, the symmetry of shocks, the dispersion of inflation and interest rates, and the synchronization of business cycles? This article suggests that the empirical evidence is nuanced. The gains and losses from monetary integration in the EEU would not be equally distributed across member states. As has been the case with the Eurozone, the future prospects for monetary integration in the EEU depend very much on political factors.

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