This paper uses the case of Kyrgyz Republic to analyze two competing views concerning the role of the Eurasian Economic Union (EAEU). The realist view claims that the EAEU is a tool of Russian hegemonic power over its region of infl uence and interprets is as a primarily political rather than economic organization designed to serve Russia’s national interests at the expense of those of other members. The liberal institutionalist view, on the other hand, sees the EAEU as a new regional organization of economic integration that is benefi cial for all members. Analyzing the case of the participation of the Kyrgyz Republic in this union makes it clear that it is still too early to determine which perspective is correct as there is evidence in support of both.

The article describes the role of multilateral development banks in financing economic and social changes in the world. The structure, directions and priorities of these international organizations and the process of selection of projects they finance have been analyzed. Individual features of these organizations have also been characterized. The data for analysis are mostly official information published by Multilateral Development Banks (in reports or websites) as well as analyses prepared by independent institutions (e.g., the Word Bank, or NGOs). The paper is trying to answer the question whether Multilateral Development Banks are international organizations driven by the desire to help by supporting investments, or whether it is more important for them to generate economic profit and strengthen their international position.

The role and importance of the international legal solutions to global processes

Growing international inter dependencies, weakening of internal and external sovereignty of the state and necessity of joint overcoming of problems and global threats reveals the necessity of creating new rules of global order, based not only on nation states, but also on growing number of international organizations and institutions, regional groupings, communities and local organizations. The globalization of political life fosters rise of number of institutions, organizations and international groupings and development of international law. The cooperation between them should respect the rules of equality, freedom, democracy, partnership, solidarity, respect for cultural diversity and environmental protection.

The author analyzed the issue of the impact of international standards on the relationship between the parliamentary majority and the minority. Although the regulation of these issues is the sovereign attribute of the state, international organizations may influence this sphere as a consequence of the obligations arising from membership. The protection of opposition rights is included in the axiological systems of both the European Union and the Council of Europe. Of particular importance here will be the implementation of the document of the Venice Commission, which contains a checklist of requirements that should be implemented to ensure proper relations between the parliamentary majority and minority. Although this document is only the so-called “soft law”, so it is not legally binding, it should be implemented into the political practice of the member states of the Council of Europe.