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Russia’s Economic Influence and its Effect on the Quality of Governance in CEE since 1996 – An Analysis

Luginsland, Annika LU (2017) EKHS11 20171
Department of Economic History
Abstract
The recent geopolitical tensions between Russia and the West and the deconsolidation processes in Central and Eastern European (CEE) countries have recently sparked a debate on Russia’s foreign policy strategy. This thesis analyzes whether an increase in Russian economic activity in CEE is associated with a decline in the quality of governance in the region. As a proxy for the quality of governance, this article relies on the Worldwide Governance Indicators (WGI) provided by the World Bank. The hypotheses are tested using an unbalanced panel dataset that consists of 11 EU-accession states covering the period 1996-2015. The results obtained from the panel regression analysis support the hypothesis that the energy sector provides a channel... (More)
The recent geopolitical tensions between Russia and the West and the deconsolidation processes in Central and Eastern European (CEE) countries have recently sparked a debate on Russia’s foreign policy strategy. This thesis analyzes whether an increase in Russian economic activity in CEE is associated with a decline in the quality of governance in the region. As a proxy for the quality of governance, this article relies on the Worldwide Governance Indicators (WGI) provided by the World Bank. The hypotheses are tested using an unbalanced panel dataset that consists of 11 EU-accession states covering the period 1996-2015. The results obtained from the panel regression analysis support the hypothesis that the energy sector provides a channel through which Moscow is able to exercise political influence. (Less)
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author
Luginsland, Annika LU
supervisor
organization
course
EKHS11 20171
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Quality of Governance, Power and Economic Interdependence, Energy, Russia, Central and Eastern Europe
language
English
id
8917635
date added to LUP
2017-06-29 13:51:14
date last changed
2017-06-29 13:51:14
@misc{8917635,
  abstract     = {The recent geopolitical tensions between Russia and the West and the deconsolidation processes in Central and Eastern European (CEE) countries have recently sparked a debate on Russia’s foreign policy strategy. This thesis analyzes whether an increase in Russian economic activity in CEE is associated with a decline in the quality of governance in the region. As a proxy for the quality of governance, this article relies on the Worldwide Governance Indicators (WGI) provided by the World Bank. The hypotheses are tested using an unbalanced panel dataset that consists of 11 EU-accession states covering the period 1996-2015. The results obtained from the panel regression analysis support the hypothesis that the energy sector provides a channel through which Moscow is able to exercise political influence.},
  author       = {Luginsland, Annika},
  keyword      = {Quality of Governance,Power and Economic Interdependence,Energy,Russia,Central and Eastern Europe},
  language     = {eng},
  note         = {Student Paper},
  title        = {Russia’s Economic Influence and its Effect on the Quality of Governance in CEE since 1996 – An Analysis},
  year         = {2017},
}