Wednesday , May 1 2024
Home / Mike Norman Economics / Richard Connolly — Russia’s Response to Sanctions: How Western Sanctions Reshaped Political Economy in Russia

Richard Connolly — Russia’s Response to Sanctions: How Western Sanctions Reshaped Political Economy in Russia

Summary:
My conclusions: 1. The West is conducting economic warfare against Russia and Russians in general realize that his is the not-so-hidden agenda. 2. So far Russia has adapted successfully to the challenges and as a result become stronger and more integrated with the non-West. The West hadn't anticipated this. The consequence is that the West is in a worse position than prior to launching the economic war. 3. Specific understanding of MMT would greatly improve Russia response-capability, on one hand, and other the other, also enhance Russia's ability to employ its considerable resources more efficiently and effectively.Valdai ClubRussia’s Response to Sanctions: How Western Sanctions Reshaped Political Economy in Russia Richard Connolly | Senior Lecturer at the University of

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Mike Norman writes Oil Price Rises After Trump Phones Putin — Gary Littlejohn

Mike Norman writes WAR ON THE TOILET PAPER FRONT — RUSSIA’S TISSUE BATTLES SWEDES, TURKS, AMERICANS—John Helmer

Mike Norman writes The Kremlin Plans to Modernize Russia, Again — Stephen F. Cohen

Mike Norman writes As Global Growth Stalls, The Russian Economy is Gathering Momentum — Jon Hellevig


My conclusions:

1. The West is conducting economic warfare against Russia and Russians in general realize that his is the not-so-hidden agenda.

2. So far Russia has adapted successfully to the challenges and as a result become stronger and more integrated with the non-West. The West hadn't anticipated this. The consequence is that the West is in a worse position than prior to launching the economic war.

3. Specific understanding of MMT would greatly improve Russia response-capability, on one hand, and other the other, also enhance Russia's ability to employ its considerable resources more efficiently and effectively.

Valdai Club
Russia’s Response to Sanctions: How Western Sanctions Reshaped Political Economy in Russia
Richard Connolly | Senior Lecturer at the University of Birmingham, Associate Fellow at Chatham House, Visiting Professor at the Russian Presidential Academy of National Economy and Public Administration

See also


Reminiscence of the Future
Realism?
Andrei Martyanov
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *