The subject of my thesis is the impact of the Ukrainian crisis on German Russian relations and the German economy. Experts say that the deterioration of trade relations between the European Union and Russia caused by the Ukrainian crisis will also affect the economies of individual European countries. The deterioration in trade relations were caused by sanctions imposed in response to the crisis in Ukraine. The degree of impact of the Ukrainian crisis on a given country is directly proportional to the countrys interconnection with the Russia. Before the Ukrainian crisis began, Germany was Russias most active trading partner from the European Union. Germany also plays a significant role in the Ukrainian crisis, as a negotiator between the European Union and Russia. The influence of the Ukrainian crisis on the German economy is defined by the development of Germanys economic relations with Russia an important trading partner to Germany. Two economic indicators were used to assess the relationship: German-Russian commodity trading and German foreign direct investment in the Russian market. The development of trade between Germany and Russia was also analyzed within the individual economic sectors targeted by the sanctions. The impact of the Ukrainian crisis on the German economy was further assessed by the development of Germanys trade relati-ons with Ukraine and Belarus. The results of the analysis of economic indicators, which are in line with the information provided in expert sources, confirmed the negative impact of the Ukrainian crisis on German-Russian relations and the German economy. The negative impacts of the Ukrainian crisis on the German economy manifest in the form of financial losses caused by the decline in German exports to Russia and the poor economic situation of German investors in the Russian market. Due to the sanctions, some long-term projects between Germany and Russia were canceled, German companies operating in the Russian market experienced declining revenues, and these companies were forced to lay off workers.
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:358779 |
Date | January 2017 |
Creators | Skalická, Veronika |
Contributors | Němcová, Ingeborg, Antal, Jarolím |
Publisher | Vysoká škola ekonomická v Praze |
Source Sets | Czech ETDs |
Language | Czech |
Detected Language | English |
Type | info:eu-repo/semantics/masterThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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