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FDI to and from the Russian Federation: A Case Study of the Western Balkans and the Role of the EU

In: Economic Growth in the European Union

Author

Listed:
  • Iulia N. Sushkova

    (Ogarev Mordovia State University)

  • Antonia Koumpoti

    (University of Macedonia)

Abstract

The present contribution discusses foreign direct investments in the Russian Federation, mainly after the imposition of the western sanctions, the state of play of the European sanctions, and uses the Western Balkan countries as a case study of Russian and European influence in their economic sectors. Furthermore, it investigates the immediate measures the Russian Federation took in transferring key aspects of the national industry to its domestic producers. At the second part of the chapter, the situation in the Western Balkan countries is discussed, as the soft power the Russian Federation projects in the region is based on influence and economic ties while the EU projects its membership perspective, its power of attraction, and the dual advantage it possesses as investments are made both from the EU as a sui generis international organization but from its member states as well. Nonetheless, the investment policy of Russia by focusing on strategic sectors is promoting its international stance making its foreign economic policy of great importance in ensuring the country’s global leading position.

Suggested Citation

  • Iulia N. Sushkova & Antonia Koumpoti, 2020. "FDI to and from the Russian Federation: A Case Study of the Western Balkans and the Role of the EU," Contributions to Economics, in: Christos Nikas (ed.), Economic Growth in the European Union, pages 127-153, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-48210-7_10
    DOI: 10.1007/978-3-030-48210-7_10
    as

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