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A way out of the Ukrainian quagmire (Gylfason et al.)

A way out of the Ukrainian quagmire by Thorvaldur Gylfason, Inmaculada Martínez-Zarzoso, Per Wijkman published by VOXEU (6/2014).

The Ukraine saw EU soft power met by Russian hard power. This column argues that the EU should counter this hard power using trade policy, among other policies. EU members should agree a common policy and seek support from others to execute this policy. To date, the EU’s response has been too little, too late.

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