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ELN Researcher Joseph Dobbs argues that the Ukraine crisis has seriously weakened the Eurasian Economic Union. Externally, China is unlikely to be a steadfast supporter, and the European Union must not engage until there has been a satisfactory resolution to the Ukraine crisis.
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,...
Pavel Andreev argues that Russia has learnt the lessons of the 1998 financial crash, and that whilst the near future will be difficult Russia will emerge from the current crisis with a more durable economy.
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.