Russia’s Economy: Surviving but Not Thriving
Moscow has not solved its structural problems, and the scale of its informal economy won’t help.
The Russian economy has ostensibly avoided disaster during a difficult year in which it faced the threat of new sanctions, dramatic fluctuations in oil prices and pandemic-induced restrictions on economic activity. Exports and investment inflows fell, but output as a whole was better than expected and better than in several other developed countries. The numbers […]