EconPapers    
Economics at your fingertips  
 

External Trade: The Roles of the EU, of the Eurasian Economic Union and of China

Albrecht Rothacher ()

Chapter Chapter 12 in Putinomics, 2021, pp 305-315 from Springer

Abstract: Abstract Russia’s external trade remains dominated by the quasi-colonial pattern of raw material exports traded for processed imports, as evidenced here with its major partners, the EU and China. The chapter demonstrates that the Kremlin’s stated objectives of autarchy and import substitution have not made a difference, except to create a new class of politically privileged manufacturers at the expense of the rest of the economy. Further, the very limited role of the Eurasian Economic Union is being analyzed. It appears stymied by the constraints of intergovernmentalism and the justified fear of Russian domination on part of its weaker members. The reverse is true in unequal Chinese–Russian trade relations, as the chapter demonstrates growing Chinese economic and political might with a stagnating Russia turning into the role of a resentful junior partner of interest to the Chinese mainly for its untapped Siberian riches. Aa an unsustainable relationship, the chapter concludes.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-030-74077-1_12

Ordering information: This item can be ordered from
http://www.springer.com/9783030740771

DOI: 10.1007/978-3-030-74077-1_12

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-02
Handle: RePEc:spr:sprchp:978-3-030-74077-1_12