Scenario Analysis for the Perspectives of the EU-Russian Federation Relationship

Nicoleta Cristina Drǎgoi () and Napoleon Pop
Additional contact information
Nicoleta Cristina Drǎgoi: PhD. Center of European Studies Institute for World Economy, Romanian Academy

Global Economic Observer, 2016, vol. 4, issue 2, 66-73

Abstract: In the current geopolitical environment the “cold” relations between the European Union (EU) and the Russian Federation are not only the consequence of the mutual imposed sanctions after the Ukrainian crisis, but also a result of EU’s increased influence in former Soviet space (especially through Baltic States integration and Eastern Partnership extension). Both Eastern Partnership and the Neighborhood Policy initiatives have bean considered as an imminent threat to the Russian hegemonic position in the former USSR member states. In our opinion the EU was not prepared to manage the relationship with Russian Federation in a pragmatic approach, hence in the post-Soviet Union era the Ukraine crisis has led to extreme tension between these two powers which reflected negatively on trade and diplomatic relations. Taking into consideration those realities, this paper presents a scenario analysis regarding the perspectives of the EU-Russian Federation relationship in the light of the impact of political and economical sanctions imposed after the Ukrainian crisis. Our research is based on a quantitative analysis of the two countries trade and FDI flows (before and post the Ukrainian crisis), but also on a qualitative approach based on the most relevant theories about international sanctions

Keywords: economic sanctions; Ukrainian crisis; EU-Russian Federation trade; FDI flows (search for similar items in EconPapers)
JEL-codes: F F10 F16 N N10 Z Z18 (search for similar items in EconPapers)
Date: 2016-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.globeco.ro/wp-content/uploads/vol/split ... vol4_no2_art_009.pdf First version, 2016 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol4-iss2-16-066

Access Statistics for this article

Global Economic Observer is currently edited by Serghei Margulescu and Simona Moagar-Poladian

More articles in Global Economic Observer from "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences Contact information at EDIRC., Institute for World Economy of the Romanian Academy
Bibliographic data for series maintained by Stefan Ciucu ( this e-mail address is bad, please contact ).