Ukrainian Crisis: Political Economy of Confrontation
.... The region has received large-scale investments and the level of its development, according to several parameters, is higher today, despite the existing sanctions. In other words, further territorial expansion can be viewed in Moscow as one of the scenarios. However, an open war with Ukraine will not solve the existing security problems, even if new territories are under control. The economic cost of the war may be simply unacceptable due to qualitatively new sanctions, including bans on the purchase ...