After Russia invaded Ukraine on February 24th, the European Union (EU) announced its plans to suspend imports of Russian energy sources definitively, under its RepowerEU plan. The immediate consequence of the plan is a widespread supply shock to European economies. In this lecture, Prof. Kang will discuss how EU-Russia economic relations have developed so far and how Russia's aggression over Ukraine changed Europe's geo-economic and political landscape. He will also provide an economic forecast of European countries and the possible impact on developing countries.

Yoo-Duk Kang is professor of economics at Hankuk University of Foreign Studies (HUFS) in Seoul, Korea, where he was previously dean of the language and trade division and editor of the HUFS Press. He teaches undergraduate courses in international economics and trade, and graduate courses in development economics and EU studies. His main research interests are trade policy, economic integration, and comparative studies of economic policies. He is also deeply interested in European studies from an economic perspective. Previously, Kang worked at the Korea Institute for International Economic Policy (KIEP), where he published 40 policy reports about issues related to European economies, and as an external consultant for the Korean Ministry of Finance and Ministry of Industry and Trade, participating in implementation and assessment of Korea’s trade agreements. Professor Kang has contributed more than 70 academic articles to journals including the Journal of European Integration, Journal of Contemporary European Studies, Journal of Economic Integration, and Asian Development Review. He is co-author and contributor of 30 books about international economics and European studies.

This lecture will be presented in person in 555 Weiser Hall and on Zoom. Webinar registration required at https://myumi.ch/bR9R6

If there is anything we can do to make this event accessible to you, please contact us at weisercenter@umich.edu. Please be aware that advance notice is necessary as some accommodations may require more time for the university to arrange.