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Serbia’s multi-vector foreign policy: the effects on trade with the European Union and Russia

Nataša Stanojević

Post-Communist Economies2025https://doi.org/10.1080/14631377.2024.2439723article
AJG 1ABDC B
Weight
0.44

What the paper says

The article delves into an analysis of the opportunities and risks inherent in Serbian foreign trade, emanating from the country’s multi-vector foreign policy. This study quantitatively evaluates the influence of the political rapprochement with Russia on Serbian exports to both Russia and EU, as its principal export market. Employing the Autoregressive Distributed Lag (ARDL) model, the research reveals that the rapprochement with Russia, even in the long term, exerts a positive and significant impact on Serbian exports to Russia, while simultaneously avoiding adverse effects on trade with the EU. Given the integral role in the value chains of EU companies, this export orientation remains insensitive to Serbia’s foreign-political relations, as well as to various customary economic variables. The resulting recommendations for the Serbian government emphasise the imperative to prioritise essential state interests over an ostensibly ‘existential’ threat to the Serbian economy when making decisions about the direction of foreign policy.

3 citations

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https://doi.org/https://doi.org/10.1080/14631377.2024.2439723

Or copy a formatted citation

@article{nataša2025,
  title        = {{Serbia’s multi-vector foreign policy: the effects on trade with the European Union and Russia}},
  author       = {Nataša Stanojević},
  journal      = {Post-Communist Economies},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1080/14631377.2024.2439723},
}

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Serbia’s multi-vector foreign policy: the effects on trade with the European Union and Russia

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Evidence weight

0.44

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.32 × 0.4 = 0.13
M · momentum0.57 × 0.15 = 0.09
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.