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Social and Behavioral Sciences Commons

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International and Area Studies

CMC Senior Theses

Diversification

Publication Year

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Shutting Down Russia's Superiority Complex. An Analysis Of The International Community's Response To Russia's 2014 Annexation Of Crimea., Luisa Valles Jan 2020

Shutting Down Russia's Superiority Complex. An Analysis Of The International Community's Response To Russia's 2014 Annexation Of Crimea., Luisa Valles

CMC Senior Theses

The United States, the European Union and allies responded to the Russian Federation’s 2014 Annexation of Crimea with economic sanctions. After providing a basic understanding of Russia’s political economy and rent redistribution economic system, this paper supplies an overview of the Western sanctions within Russia’s three economic sectors — the energy industry, the defense industry, and the financial system. From there, I make an analysis of the Russian response to the sanctions is within each sector. Furthermore, I argue that the United States supports ulterior motives for implementing the economic sanctions. Concluding with the effects of the sanctions to Russia's …


A Critical Examination Of Oil Wealth Management Strategies And Their Effects On Economic Growth In The Gulf Cooperation Council Countries, Caroline J. Belmont Jan 2016

A Critical Examination Of Oil Wealth Management Strategies And Their Effects On Economic Growth In The Gulf Cooperation Council Countries, Caroline J. Belmont

CMC Senior Theses

Despite their natural resources, the countries of the Gulf Cooperation Council (Kuwait, the United Arab Emirates, Saudi Arabia, Bahrain, Qatar, and Oman) have failed to live up to their economic potential, primarily due to their dependence on a revenue source with volatile prices and political significance in an unstable region. This thesis argues that the best way to convert oil wealth into consistent long term growth is through diversification, both by investing in foreign assets and by growing domestic sectors that are independent from oil and gas prices. The research further investigates the primary tool these countries have used to …