THE ECONOMIES IN THE BLACK SEA REGION: HOW DID THEY FARE AFTER THE COLLAPSE OF THE SOVIET UNION?
Abstract
Тhe Black Sea region lies at the crossroads of major existing and future oil and gas transportation routes1. Traditionally, the region has well-developed trade relations. A common characteristic of all BSEC countries - including Greece - is their dependency on Russia for their energy supplies. Azerbeidzjan is the only net exporter of energy. The dependency on Russia for energy supplies can hardly be considered a binding economic element. Considering the economy of the Black Sea requires defining the region in one way or another. It goes without saying that every definition is arbitrary and different definitions are conceivable.
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Published
16.05.2018
How to Cite
Hoek, M. Peter van der. “THE ECONOMIES IN THE BLACK SEA REGION: HOW DID THEY FARE AFTER THE COLLAPSE OF THE SOVIET UNION?”. Journal of European Economy, vol. 1, no. 1, May 2018, pp. 95-102, https://jeej.wunu.edu.ua/index.php/enjee/article/view/1261.
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