THE ROLE OF FISCAL DIPLOMACY IN INTERNATIONAL ECONOMIC RELATIONS DURING CRISIS
Abstract
The purpose of this study is to analyse the economic support provided by the Baltic states to Ukraine during the full-scale war with Russia, focusing on fiscal commitments, bilateral instruments, and institutional cooperation. The research applies a comparative case study method using official data from international organizations (IMF, OECD, EU) and national policy documents. The findings indicate that Lithuania, Latvia, and Estonia have allocated record-high shares of GDP to support Ukraine, institutionalizing aid through long-term agreements. Their contributions have enhanced Ukraine’s financial resilience, recovery capacity, and integration into European frameworks. The results are relevant for policymakers seeking effective small-state strategies in wartime economic diplomacy.
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