Kulikova N.S., Sinitsina I.S. ECONOMIC RELATIONS BETWEEN RUSSIA AND CEE COUNTRIES UNDER GEOPOLITICAL CRISIS

The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 6/2023. World Economy.

Natalia V. Kulikova

Cand. Sci. (Geography), Head of the Center for East European Studies, Institute of Economics of the Russian Academy of Sciences, Moscow, Russia

ORCID: 000-0001-7287-4071

Irina S. Sinitsina

Cand. Sci. (Econ.), Leading Researcher, Center for East European Studies, Institute of Economics of the Russian Academy of Sciences, Moscow, Russia

ORCID: 0000-0002-9177-6642

ECONOMIC RELATIONS BETWEEN RUSSIA AND CEE COUNTRIES UNDER GEOPOLITICAL CRISIS

134-156

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Abstract

The article discusses the following topics: trends in the development of trade relations between the CEE countries and Russia, participation of these countries in the economic war between Russia and the West, the impact of sanctions on economic relations of the CEE countries with Russia, the processes of circumventing sanctions and organizing schemes for exporting dual-use goods to Russia, and the withdrawal of CEE companies from Russia. Particular attention is paid to the consequences of both the energy crisis and the restructuring of resource supply chains for the economies of CEE countries. It is concluded that anti-Russian sanctions and the energy crisis have caused more significant damage to the economies of CEE countries compared to most other EU countries, and that there are little chances for the restoration of economic ties between Russia and CEE countries in the current geopolitical situation.

Keywords: Russia, Eastern Europe, trade, energy carriers, sanctions, energy crisis, economic war, inflation, economic growth.

JEL: F51

EDN: MCAYHP

DOI: https://doi.org/10.52180/2073-6487_2023_6_134_156

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Manuscript submission date: 21.10.2023

For citation:

Kulikova N.V., Sinitsina I.S. Economic relations between Russia and CEE countries under geopolitical crisis// Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2023. № 6. Pp. 134-156. (In Russ.). https://doi.org/10.52180/2073-6487_2023_6_134_156 EDN: MCAYHP

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