Tag Archives: Russian economy

We are today half-way through the first year of the latest transition in Russia. In fact, this is the third major transition, or change of direction and priorities, sincethe emergence of modern Russia in 1991. This particular stage in the evolution is when, if handled correctly, Russia should start to see the emergence of a new economic order and the start of more sustainable and steady growth with lifestyle and social improvements to match. It is of course far too early to be able to say...

The head of the Bank of Russia, Elvira Nabiullina, identified the problems that create risks for the successful implementation of national projects and the achievement of sustainable economic growth, at the International Financial Congress on Thursday. "This year, the government has begun implementing national projects that are designed to remove structural constraints. These projects, involving investments in education, health care, and infrastructure, should be worked out with effective...

It is clear that once dominance of the US Dollar and the system which sustains it is removed, consequences for the United States could be catastrophic. The question is NOT about IF US Dollar will survive as world's reserve currency--this is not even up for a debate--it is WHEN and HOW the departure will happen. Reminiscence of the FutureAbout US Dollar and Sanctions, Yet Again.Andrei Martyanov

Putin was not joking about sanctions being a blessing in disguise, since Russia would have found it difficult to restructure otherwise. Necessity is the mother of invention.Gold, Goats 'n GunsRussia’s Exports Continue to Defy Sanctions Tom Luongo

Sanctions do not have a decisive impact on economic growth in Russia, said Elvira Nabiullina. The head of the regulator spoke at a press conference with journalists today. “With regard to sanctions risks, geopolitical, we, of course, take this into account as one of the significant factors in forecasting the development of the economy. But I want to say that, in general, the economy is adapting to these sanctions, and we see that the growth rates are now close to potential. This factor...

Jon Hellevig is the best analyst of the Russian economy, who makes his views freely available anyway. This is a comprehensive report. We are into the fifth year of the US initiated trade war on Russia. Cold War 2.0. is an established reality, trade wars are flaring and Trump raves about an arms race. But Russia is strong and stable with outstanding military power and a reindustrialized modern economy, lean and mean, ready to deliver a knockout blow to the US regime in its ghastly arms race...

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...

Doing business in Russia will become easier: the Ministry of Economic Development, with the participation of entrepreneurs, has prepared a set of measures within the framework of the Transformation of Business Climate Plan (TBC). This project is not temporary: every six months the list will be updated with new initiatives. Already the first package of measures included proposals in 13 areas (taxes, control and supervisory activities, customs administration, human capital, labor...

Big — potentially, that is. Have to wait and see what it means. Kudrin is anathema to the Russian "deep state" (intel and military). There is apparently something of a power struggle going on in Russia now between the Western liberals and the conservative deep state, with the deep state holding the power if push comes to shove. Putin seems to be caught in the middle. “If Kudrin joined the administration or government, it would indicate that they have agreed on a certain agenda of change,...

Russia will fight against attempts of other countries to inhibit its activity on the international arena, Russian Prime Minister Dmitry Medvedev wrote in the article for the Voprosi Ekonomiki (Economic Questions) magazine published on Tuesday. "Every time when our country becomes active on the international arena, it always faces hard attempts to hinder us. We cannot ignore these tendencies, and we will actively fight for a good place in world economy and world politics," Medvedev said.He...