"Russia's use of its vast energy resources for leverage against post-Soviet states such as Ukraine is widely recognized as a threat. Yet we cannot understand this danger without also understanding the opportunity that Russian energy represents. From corruption-related profits to...

This paper looks at the interrelationship between external shocks and integration processes in the relationship between two relatively small states (Belarus and Ukraine) and their much larger neighbor (Russia). It contrasts Russia’s willingness and ability to use energy as a soft-power...