Why Ukraine and Russia Need Each Other

In: Russian politics, Band 1, Heft 2, S. 184-202

Abstract

The West's focus on corruption in Ukraine is largely misplaced. The main impediment to stability and economic growth is the government's suicidal choice to cut the country off from its main investor – Russia. This article looks at the economic and political costs of pursuing such a policy, and concludes that there is no alternative to Russian investment. Given the political and economic constraint imposed upon the European Union, the West and Russia need to work together to develop a comprehensive economic strategy that can promote Ukraine's economic development.