Rough times for the Russian economy
Russia marks the fourth anniversary of its full-scale war of aggression on Ukraine on February 24.
Latest articles and blogs
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New oil price cap adds to Russia’s economic distress
In mid-July, European Union countries adopted their 18th sanctions package of economic and individual measures against Russia. The latest batch of sanctions seek to further degrade Russia’s ability to pursue its war of aggression in Ukraine and support EU efforts to end the war.
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Why did initial estimates get Russian economic performance so wrong?
Almost all forecasters inside and outside of Russia foresaw a much deeper contraction, reflecting the fact that the new packages of Western sanctions and Russia’s actions were unprecedented.
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A year of war has changed the Russian economy
In 2023 sanctions continue to hurt Russia’s economy. Many businesses have had to adjust to using inferior-quality components or paying higher prices for traditional inputs.
Russia’s economy and the war
Russia’s brutal war on Ukraine is bringing unimaginable destruction to the lives of Ukrainians as well as to Ukraine’s economy. Ukraine urgently needs our assistance, in many forms. At the same time, however, we need to understand how the war affects the Russian economy.
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Will coronavirus affect Russia’s ’pivot to the East’?
China has become one of Russia’s main trading partners over the past ten years, leading to a significant diversification of Russia’s oil and gas export markets.
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Blog: The Russian banking sector – where to next?
Several reforms improving banking and financial market regulation as well as supervision have been put through since summer 2013.