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Joining Russia's Fast-Growing Economy Could be Good Move for Crimea

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Message John-Paul Leonard

The referendum campaign in Crimea has emphasized the danger of fascism and violence under the Kiev coup. But as Crimea goes to the polls Sunday, March 16th, some voters may be thinking about what's in it for them economically, too.

Data Source: Wikipedia, Eurostat. Simple unweighted average.
I left out Ukraine (0.2) from the first column as it is our special case, and Croatia (-2.0) from both columns. Croatia joined the EU in Jan. 2013, so it was outside the EU in 2012, but its economy may already have been influenced by EU membership requirements during 2012.
If figures were weighted, "Not in EU" would stay about the same thanks to Russia's 3.4%, while "EU members" could be even lower due to the low scores of larger countries like Bulgaria (0.8) and Romania (0.7). Which is the kind of anemic "growth" that Ukraine can hope for from joining.

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Publisher doing business as Linguist. MBA 1980, UC Berkeley. BA Political Science, 1972, UCLA.
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