Economist Podcasts

Back to the USSR: Russia and Ukraine

Dec 20, 2021
Arkady Ostrovsky, the Russia and Eastern Europe editor for The Economist, dives into the historical tensions between Russia and Ukraine, explaining why these two nations remain at odds since the Soviet Union's fall. Callum Williams, a senior economics writer, explores the evolution of the restaurant industry, highlighting how societal changes and rising costs have transformed dining out into a cultural experience. They also touch upon the pandemic's impact on culinary habits and share insights on 2021's best books, blending history, economics, and culture.
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INSIGHT

Putin's Dissatisfaction

  • Putin's involvement in the recent history of Russia, Ukraine, and Belarus traces back to a 1991 meeting.
  • This meeting led to the dissolution of the Soviet Union, a decision Putin seems to regret.
ANECDOTE

The Hunting Lodge Agreement

  • Belarusian leader Stanislav Shushkevich hosted Ukrainian and Russian counterparts at a hunting lodge in December 1991.
  • They agreed to dissolve the Soviet Union, an act that significantly impacted the region's future.
INSIGHT

Reasons for Dissolution

  • The Soviet Union's disintegration was evident, prompting leaders to prioritize their own republics.
  • Ukraine's referendum for independence played a crucial role, as a union was impossible without their participation.
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