Open AccessTHE RUSSIAN FEDERATION ENERGY POLICY, AN INSTRUMENT FOR RECONSOLIDATING THE STATUS OF HIGH POWER
Author(s) -
Andi Mihail Băncilă
Publication year - 2021
Publication title -
bulletin of "carol i" national defense university
Language(s) - English
Resource type - Journals
eISSN - 2284-9378
pISSN - 2284-936X
DOI - 10.53477/2284-9378-21-09
Subject(s) - russian federation , prosperity , cold war , political science , state (computer science) , foreign policy , power (physics) , economic power , economic history , government (linguistics) , great power , economy , development economics , politics , economic policy , economics , law , linguistics , philosophy , physics , algorithm , quantum mechanics , computer science
The disintegration of the USSR in December 1991 marked the end of the Cold War. Many foreign policy analysts were quick to point out that Russian Federation had ceased to be a threat to the Western world. Despite facing a multitude of economic, social and military problems, under the leadership of Vladimir Putin the Russian state managed to be reborn. Russian Federation's miraculous return was made possible by the successful implementation of a policy of economic centralization that overlapped with a period of rising global oil prices. Economic prosperity encouraged the Russian Federation government to return to the old practices of the Soviet period, succeeding in unbalancing the fragile states of Eastern Europe and once again endangering the peace of the entire continent.
Keywords: Russian Federation; Cold War; Crimea; hydrocarbons; conflict.