Moscow Shares Innovative Statistical Methods at EEU Forum

Elena Zarova, a Doctor of Economics and professor representing the expert team from the Analytical Center of Moscow, delivered a presentation at the II Eurasian Economic Forum, which coincided with the meeting of the Supreme Eurasian Economic Council attended by the heads of the EEU member and observer states. This international event provided a platform for the exchange of perspectives and experiences regarding the development prospects of member states, as well as the formulation of unified responses to current economic challenges.

"We showcased the analytical and predictive capabilities of integrating official statistical data from the Russian Federation, Belarus, India, and Uzbekistan using platform solutions developed by the Analytical Center of Moscow in collaboration with Plekhanov Russian University of Economics. This year's forum, held under the theme 'Eurasian Integration in a Multipolar World,' allowed us to effectively utilize the international stage and demonstrate Moscow's developed methodologies in this realm," stated Elena Zarova.

During her speech at the session on "Innovations and New Sources of Data in EEU Statistics," Elena Zarova addressed the issues of data harmonization and their application for international comparative analysis and forecasting. The proposals for scientific cooperation in the integration of official statistics among EEU countries, highlighted in the professor's speech, were incorporated into the final forum protocol.

"We had an excellent opportunity to discuss tools for creating and effectively utilizing the common digital space among Eurasian countries. Implementing this vision necessitates the generalization and dissemination of best practices in establishing modern analytical platforms, an example of which we presented during the thematic session," concluded the professor.

The idea of Eurasian integration, which originated in 1994, materialized in 2001 through the establishment of the Eurasian Economic Community and subsequently evolved into the Eurasian Economic Union in 2015. The objective of this recent forum was to enhance cooperation within the Eurasian region, an effort that Russia, Belarus, Armenia, Kazakhstan, and Kyrgyzstan have been collaboratively pursuing for several years. The event took place during the Russian Federation's presidency in the EEU bodies in 2023.