Development of the City of Sevastopol in 2014-2021: Historical and Economic Aspects

DOI: 10.33917/es-1.205.2026.94-99

All the key military and political events in Russian history, that occurred in the 18th–20th centuries, changed the development trajectory and opened new phases in the economic development of Sevastopol. In the city’s recent economic history annexation of Crimea to the Russian Federation in 2014 stands out as such significant historical event. The purpose of the present article is to study the stages of economic development of the city of Sevastopol in 2014–2021 in the context of reintegration of Crimea into the Russian Federation. The paper proposes to subdivide the recent period of economic history of the city of Sevastopol into two stages: Stage I — reintegration and the period of active infrastructure construction (2014–2018); Stage II — the period of economic growth (2018–2021). Moreover, year 2018 marked a significant milestone in the economic development of the Republic of Crimea and the city of Sevastopol, as several key infrastructure projects were completed this year: the Balaklava and Tavricheskaya Thermal Power Plants, the Crimean Bridge, as well as reconstruction completion of the Simferopol Airport Complex.

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