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Eschewing choice: Ukraine's strategy on Russia and the EU. CEPS Working Document No. 360, January 2012

Gnedina, Elena and Sleptsova, Evghenia (2012) Eschewing choice: Ukraine's strategy on Russia and the EU. CEPS Working Document No. 360, January 2012. [Working Paper]

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    Abstract

    Ukraine has long been castigated for its noncommittal attitude to cooperation with the EU, this being part of its ‘multi-vector’ foreign policy. Such a policy was widely attributed to the failings of domestic elites, which delay reform for fear of losing rents and power. This CEPS Working Document suggests, however, that the recent setback in EU-Ukraine relations highlights more complex reasons behind this. First, it asserts that a pro-European vector is not a self-evident choice for Ukraine, which is economically interdependent with both Russia and the EU. Second, it finds that the economic crisis has made the EU less attractive in the short term. In good times business was looking to Europe for opportunities to develop. But in times of crisis, it is looking to Russia for cheap resources to survive. Despite these unfavourable short-term trends, the authors conclude that an association agreement with the EU stands out as the only alternative that promises to put the shaky Ukrainian economy back on track towards long-term sustainable economic growth.

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    Item Type: Working Paper
    Subjects for non-EU documents: Countries > Russia
    Countries > Ukraine
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Working Documents
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 16 Jan 2012 13:59
    Number of Pages: 21
    Last Modified: 16 Jan 2012 13:59
    URI: http://aei.pitt.edu/id/eprint/33337

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