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Trade policy and deterring war (Evenett)

Trade policy and deterring war: The case of Ukraine since the annexation of Crimea by Simon Evenett published by VOXEU (2/2022).

“The EU, the UK, and the US have sought in recent months to discourage Russia from sending military forces into Ukraine. Diplomatic missions have been complemented by promises of military support and training for the government in Kyiv. Whether these steps persuade the Russian government to stand down their troops down remains to be seen. 

Current developments have unwelcome echoes to the annexation of Crimea undertaken by Russia during the first quarter of 2014, which many have observed was the first of its kind in Western Europe since the conclusion of World War II. After that annexation, steps were taken by Western governments to offer economic support to Ukraine, often in the form of better market access…” 

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