Chris Weafer argues that a renewal of sanctions will not stop the Russian economy from returning to growth, but will ensure a less cooperative Kremlin in 2017.
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The combination of Western sanctions and an oil price collapse has inflicted a great deal of pain on the Russian economy but the latest opinion polls still show 85 per cent support for Putin and there is debate over just how much of an economic collapse Russian may be facing. In this context,...
Chris Weafer observes that the uniformly negative analysis of Russia’s economic prospects in 2015 obscure a crucial aspect, that the Russian economy may be forced into reforms that will improve growth in the long-term.
Chris Weafer assesses the impact of ‘self-sanctions’ on the Russian economy.