| Summary/Abstract |
When discussing Russia's pivot to the East and its key foreign economic priorities, it is important to remember Russian economic thought of the last century, the relevance and merits of which are yet to be studied. Conceived almost a hundred years ago, the theory of Eurasianism has played an important role in exploring transcontinental alliances and economic interaction between Europe and Asia. The theory holds that Russia's development should be based on what makes it distinct from other countries; namely, its geographical, historical, cultural, and economic peculiarities. Russia can advance economically by taking advantage of its geographical position between Europe and Asia as interaction intensifies between these two focal points of the global economy.
|