Theoretical and Applied Economics
No. 3 / 2025 (644), Autumn
Natural resources and the price of freedom. A concise analysis of Ukraine’s natural resources and who wins more from their direct exploitation?
Bodislav & Associates, Romania
Dumitru Alexandru BODISLAV
Bucharest University of Economic Studies, Romania
Abstract. This article investigates the intricate relationship between natural resources and national freedom, focusing on Ukraine as a resource-rich yet geopolitically vulnerable state. It analyses the economic, political, environmental, and strategic dimensions of resource management and their implications for sovereignty, sustainability, and international security. Ukraine’s reserves of iron ore, titanium, uranium, coal, and fertile agricultural land are assessed in terms of economic viability, environmental risks, and their role in global supply chains. The study further explores how Russia, the European Union, and the United States benefit differently from Ukraine’s natural resources in the context of ongoing conflict, sanctions, and shifting alliances. While Ukraine possesses immense potential to become a key agricultural and mineral exporter and an energy-independent nation, political instability, war, and governance deficiencies have limited its capacity to capitalize on these advantages. The paper concludes that sustainable management, institutional reform, and integration into European and global markets are essential for Ukraine to transform its resource endowment into long-term freedom and prosperity.
Keywords: Ukraine, natural resources, economic independence, resource governance, geopolitical economy, energy security sustainable development.
Contents
- Development and implementation
of an Activity-Based Costing (ABC) model
in private Higher Education Institutions (HEI)
Sorinel CĂPUȘNEANU
Bogdan Ionuț-Nicolae STOLOJESCU
Maria MĂGUREAN
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Tanzeem HASNAT
Umer Jeelanie BANDAY
- Unemployment in Ghana: analyzing the asymmetric effects of export processing zones in dealing with the problem
Alexander QUAICOE
- A PRISMA-based systematic literature review on the mismatches between the Romanian higher education system and the labor market needs
Daria Elisa VUC
- Transition effect from deposit and policy interest rates to credit interest rates in Türkiye: detecting asymmetry
Kadir KARAGÖZ
Suzan ERGÜN
- The effect of fiscal decentralization and monetary policy on economic resilience in Indonesia: a panel data
SYAHRIMI
Anna YULIANITA
Ariodillah HIDAYAT
- The implications of demographic changes on economic performance – a comparative analysis of RO vs EU 27
Ioana-Victoria BĂDICIOIU
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- Pensions under pressure: economic and demographic drivers of Romania’s public retirement system
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- Productivity shocks, exchange rate and migration: a new open economy macroeconomics approach
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- Energy vulnerabilities among Europeans in the Ukrainian war context
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- Climate-driven monetary policy: a new Keynesian DSGE analysis for Ghana
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- Monitoring the implementation of the Sustainable Development Goals in Romania
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- Insurance and sustainable structural transformation: Does renewable energy matter?
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Emmanuel NSO FILS
- Natural resources and the price of freedom. A concise analysis of Ukraine’s natural resources and who wins more from their direct exploitation?
Raluca Iuliana GEORGESCU
Dumitru Alexandru BODISLAV
- Assessing the macroeconomic impact of fiscal deficit in India: evidence from ARDL approach
Prakhar PANDEY
Rajnish PANDE
- Non-linearity and market behavior in the Romanian capital market: a rescaled range analysis of BET index
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- From adversity to triumph: Türkiye's economic resilience and adaptation strategies amidst disasters
Erick OKOTH
- Trust at first reply and how AI-language systems alter human trust calibration
Dumitru Alexandru BODISLAV
Raluca Iuliana GEORGESCU
Ionuț Valeriu ANDREI
- The economic value of data. From data to decisions in the public sector
Florentina PANĂ-MICU
















