Old or New Cold War? Is the New Cold War a Continuation of the Old?
CICERO FOUNDATION GREAT DEBATE PAPER No. 14/07, October 2014
8 Pages Posted: 7 Oct 2014
Date Written: October 5, 2014
After Russia’s occupation of the Crimea and its subsequent annexation, Washington and Brussels imposed certain economic sanctions on Russia. Later, when Russia started supporting the separatists in south-eastern Ukraine through unofficial paramilitary groups and weapons the West introduced harsher sanctions, in response to which Moscow in its turn also introduced retaliatory economic sanctions. We now frequently can hear opinions about the start of “a new Cold War.” There are many evidences, that the Cold War has never ended. It was rather suspended, as, during a certain period, one of the parties in this war had not the capacities to continue.
Keywords: Cold War, Russia, Ukraine, Eurasian Union, economic difficulties, economic backwardness
JEL Classification: F19, F29, O50
Suggested Citation: Suggested Citation