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Russia and Europe Under Sanctions: Problems of Energy Development

Author

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  • Ruslan Zaynutdinov

    (Department of Economics and Management, Yugorsk State University, The City of Khanty-Mansiysk, Russia.)

Abstract

Reciprocal application of sanctions due to geopolitical instability in Ukraine, led to the rupture of economic ties and investment cooperation between the Russian Federation and the European Union. Further escalation of the conflict can lead to the formation of a new cold war and the reorientation of the world economy. In connection with this assessment of the risks and challenges of mutual economic development in the Eurasian continent becomes particularly relevant theme. The study reviews the current economic partnership between the Russian Federation and the European Union. Actualized data on the implementation of joint investment projects. In conclusion reveals the degree of mutual economic risks in case of continuing the policy of restrictive measures.

Suggested Citation

  • Ruslan Zaynutdinov, 2015. "Russia and Europe Under Sanctions: Problems of Energy Development," International Journal of Energy Economics and Policy, Econjournals, vol. 5(2), pages 415-421.
  • Handle: RePEc:eco:journ2:2015-02-04
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    References listed on IDEAS

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    More about this item

    Keywords

    Sanctions; Restrictive Measures; Energy Dependence; The Reorientation of Markets;

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • P17 - Economic Systems - - Capitalist Systems - - - Performance and Prospects
    • P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects

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