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Tag: Russian economy

An involuntary war of economic models? The economies of Belarus, Russia and Ukraine in the first quarter of 2024

In October 2022, the Ukrainian researcher Volodymyr Ishchenko wrote a piece titled "Russia’s military Keynesianism". While the Kremlin – in his assessment – was implementing policies of statism and redistribution, Kyiv focused on the neoliberal limitation of state participation. Belarus – as it frequently happens, sadly – was omitted from this comparison despite likely looking much like Moscow.

May 27, 2024 - Kacper Wańczyk

Gold must not become Russia’s anti-sanction silver bullet

Despite being the most sanctioned country in the world, Russia keeps successfully circumventing these restrictions. Among all of its economic options, gold is helping it to do so.

May 8, 2024 - Lesia Dubenko

Economies of Belarus, Russia and Ukraine in 2023 – the devil is in the details

The ongoing Russian aggression in Ukraine has influenced the economies of the three countries engaged in the conflict. While the similarities in the institutional setups of these economies have resulted in some resemblances regarding the results of this impact, there are also notable differences in what has happened in them.

February 26, 2024 - Kacper Wańczyk

Gazprom’s very public suicide

The energy crisis initiated before Russia invaded Ukraine may be the last one thanks to Gazprom's impressive suicide in Europe. Moscow may start using hybrid war tools more frequently considering the growing number of incidents connected to Russian gas with unknown perpetrators.

January 26, 2024 - Wojciech Jakóbik

The implications of Russia’s currency crisis for Putin’s war plans

Russia’s war in Ukraine has resulted in grave consequences for the rouble. While an initial rise in value was originally viewed by Moscow as a sign of failing western sanctions, this boost is long gone. Moscow is now exploring various strategies to keep its troubled currency afloat.

October 23, 2023 - Pitamber Kaushik

A “Realism 101” lesson on Russia’s zero-sum logic

The Kremlin’s invasion of Ukraine has resulted in an unprecedented level of western sanctions. Whilst Moscow did not appear to anticipate such a united response, the nature of the conflict suggests that these developments were simply inevitable.

May 9, 2022 - Jozef Hrabina Zulf Hyatt-Khan

What is to be done with 75 million tons of wheat?

Last year, COVID-related shortages of everything from hand sanitiser to canned tomatoes reminded the world that, for all their depth and sophistication, supply chains are fragile things. As economic uncertainty lingers and global food prices continue to rise, Russia may be on the cusp of restoring its 19th century legacy as the world’s breadbasket, particularly for the commodity-strapped developing world. But how much is all that wheat actually worth in this day and age? And can an agricultural boom really reshape the Russian economy?

November 5, 2021 - Zack Kramer

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