by Patrick Appel
Timothy Frye focuses on economic issues:
One big question is whether the anticipation of a slowing economy and lower personal popularity in the future will make Russia more likely to repeat a Crimean scenario in Eastern Ukraine, Transdniestr, Kazakhstan or the Baltics as a way to divert attention from deeper problems or whether these negative trends would moderate Russian foreign policy. Empirical support for the diversionary theory of war is mixed at best, but this is a question that bears watching. It also bears remembering that while attention is focused on President Putin’s skyrocketing approval ratings and his triumphant speech in Moscow, events in Crimea will likely divert Russia from addressing its most important problems.
Sarah Sloat uses psychology to explain Putin’s recent behavior:
Earlier this month, NPR’s Shankar Vedantam floated the idea that something called “prospect theory” could explain Russian President Vladimir Putin’s invasion of Crimea. A behavioral economic model developed in the late 1970’s, the theory states that people are more cautious when they have the upper hand and riskier when they don’t. If this indeed explains Putin’s actions, it would mean he perceives Russia as losing power in the world, and is willing to take risks—like annexing Crimea, and perhaps even more of Ukraine—to recover what his nation once lost.