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

Sushkova, Iulia N.; Koumpoti, Antonia

doi:10.1007/978-3-030-48210-7_10

Cited by 2 publications

(2 citation statements)

References 31 publications

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“…China, Turkey, and some Arab countries, but the article restricts itself to Russia and the EU in particular. A key thread is the area of the energy expansion of Russian companies in the Balkans (Sushkova and Koumpoti, 2020). Equally important is the use by Russia of the so-called soft power and cultivation of the belief that Russia is a key strategic partner which cares more than the EU about the interests of the region.…”

Section: Introductionmentioning

confidence: 99%

The Balkan Kettle: Russia's policy toward the Balkans

JAGIEŁŁO¹

2021

Security and Defence Quarterly

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The purpose of this article is to identify the policy orientations of Russia in the Balkans. The historical aspects of Russia's political and cultural ties with the Balkan region and Russia's policy towards the Balkans during the USSR period will feature. As the Balkans are an important factor in Russia's geopolitical game to retain influence in Europe, the author analyses Russia's contemporary policy in the Balkans, its interests and the measures taken to achieve its specific goals. It can be concluded that Russian involvement in some Balkan countries is exhausting the elements of a hybrid war. Two possible models of geopolitical behaviour in relation to Russia can be distinguished. The first is to continue trying to stay as far away from Russia, the second is to build effective mechanisms for socioeconomic cooperation. It can be implied that Russia will not hesitate to repeat the hybrid war scenario from Ukraine in order to maintain its political influence in the region. Only the EU returning to a consistent policy of enlargement involving the Balkan countries and the economic strengthening of the Member States from the Balkan region can weaken Russia's political influence in the region.

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Section: Introductionmentioning

confidence: 99%

The Balkan Kettle: Russia's policy toward the Balkans

JAGIEŁŁO¹

2021

Security and Defence Quarterly

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“…Russia has always been important to the Western Balkan region and will remain so in the future (YTarcic 2020). Russia's foreign economic strategy is crucial to maintaining its position as the world's leading nation, and it is advancing its international posture through its investment policy, which focuses on critical areas (Sushkova and Koumpoti 2020). Significant changes, particularly in recent years, have been observed in the volume, geographical distribution, and conditions of foreign direct investment movement on a global scale.…”

Section: Literature Reviewmentioning

confidence: 99%

The Contemporary Development of Serbia-China and Serbia-Russia Relations: Is This the Opportune Moment for Economic Cooperation Expansion?

Jovičić,

Marjanović

2024

The Review of International Affairs

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Considering the increased presence of China and Russia at all levels, including the deepening economic cooperation between the two countries and Serbia, the main purpose of this thesis is to examine the dynamics and structure of trade in goods and foreign direct investment between Serbia and the Russian Federation and Serbia and China. The analysis was conducted on the basis of secondary data from the National Bank of the Republic of Serbia and the China Global Investments Tracker (the data on investments), as well as the Trade Map database of the International Trade Centre (the data on trade in goods). The period covered by this research is from 2013 to 2022 (including 2023, when data was available). The research results show that the intensification of economic relations has occurred mainly in the last five years, when investments between Serbia and China, as well as Serbia and Russia, have increased, simultaneously boosting bilateral trade development. China, however, has emerged as Serbia's more significant economic partner than Russia. China became a leader in foreign direct investment for Serbia and remained the second-most important trading partner. Despite the growing trends, Serbia's economic relations with both sides remain far below their potential and face particular challenges, such as severely under-diversified Serbian exports, dependence on Russian energy imports, a widening trade deficit, favouritism towards certain sectors and industries in investments, nontransparent procedures and regulations, etc.

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

Cited by 2 publications

References 31 publications

The Balkan Kettle: Russia's policy toward the Balkans

The Balkan Kettle: Russia's policy toward the Balkans

The Contemporary Development of Serbia-China and Serbia-Russia Relations: Is This the Opportune Moment for Economic Cooperation Expansion?

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