Will Russia’s War Spur Trade Diversification? by Michael Spence published by Project Syndicate *3/2022)
“In today’s turbulent world, economic security depends on countries’ ability to depend on their trading partners. This raises serious short-term challenges, particularly for the European Union, which is in the unenviable position of being heavily dependent on Russian energy imports.
MILAN – Building resilience has become something of a mantra in recent years, particularly during the COVID-19 pandemic. But action to boost economic security and advance diversification has been slow. Following Russia’s invasion of Ukraine, however, this might be about to change…”
