The seventieth anniversary of the end of WWII was met by the escalation of the Ukrainian problem, which is deeply rooted in the political events during those years including the post-war territorial settlement (alias the Yalta regime), Cold War, the fall of Berliner Mauer, the collapse of Soviet Union, and the enlargement of the EU and NATO. The Putin administration in Russia, confronting the US and EU supporting the Poroshenko administration in Ukraine, enjoys high domestic popularity of more than 80%, in spite of the economic sanctions imposed by the West, Australia, and Japan and the resulting isolation from the world market. His Ukrainian policy is to pursue political objectives at the cost of economic interests. This political and economic doctrine, named "State Capitalism," finds its origin in the Soviet Union's politicization of economy, which was inherited by the Russian Federation and further strengthened by President Putin himself when he established his economic policy through political struggles with business magnates (Oligarchs). Our understanding of his East Asia policy, with focuses on energy and natural resources, requires careful considerations of his political and strategic intentions which do not necessarily conform to purely economic interests or market principle.
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