Emerging Markets, Stocks

Putin’s European Fifth Column

By Yuriy Gorodnichenko, Gérard Roland, Edward W. Walker

Europe MapBERKELEY – If the world should have learned one thing from the recent months of tensions between Russia and the West, it is that Russian President Vladimir Putin’s strategic ambition and skill should never be underestimated. It is in this light that the West should view Putin’s recent overtures to some within the European Union.

Putin may or may not truly believe that last year’s anti-Russian uprising in Ukraine was the direct result of interference by the United States and the European Union. But there can be no doubting his awareness of the role that European ideals – and the possibility of EU membership – has played in motivating the struggle in Ukraine and constraining his actions.

The popular desire to join Europe’s community of democratic states was a key force behind the collapse of right-wing dictatorships in Greece, Spain, and Portugal in the 1970s. It also played a critical role in the collapse of communist regimes in Central and Eastern Europe after the fall of the Berlin Wall. And it certainly contributed to the ouster of Ukrainian President Viktor Yanukovych – a key Putin ally – in 2014. Indeed, the existence of a European model continues to guide and encourage those pursuing transparent, democratic governance in many post-communist countries.

Read more from Project Syndicate

Yuriy Gorodnichenko is Professor of Economics at the University of California, Berkeley.

Gérard Roland is Professor of Economics and Political Science at the University of California, Berkeley.

Edward Walker is Professor of Political Science at the University of California, Berkeley, and Executive Director of the Berkeley Program in Soviet and Post-Soviet Studies.


Courtesy Project Syndicate, © 2015 Project Syndicate

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