Economic Crisis

23.12.2014

What Should We Do About the Weakening Ruble, Lower Oil Prices, and Sanctions?

  • Sergei Aleksashenko
  • Mikhail Krutikhin
  • Yuval Weber
Eurasia Outlook asked several experts what, if anything, can be done by Russian policymakers in order to weather the perfect storm descending on the country’s economy.
4.12.2014

Unexpected Blow: How Falling Oil Prices and the Depreciating Ruble Influence Russia’s Pivot to Asia

  • Alexander Gabuev
The falling oil price and rapid devaluation of Russian currency not only affect the economy, the budget, and the joking habits of the elite, but also have an effect on Moscow’s foreign policy.
2.12.2014

OPEC Cuts Into Russian Coffers, But Will Expensive Grand Strategy Live On?

  • Yuval Weber
In reduced economic circumstances the big test for Russia is whether it will be forced to retrench, or whether Vladimir Putin will take his chances on expansionist foreign policy at a moment when there’s less money to go around to combat legitimate threats.
19.11.2014

Weak Ruble Exchange Rate Represents Political Bargaining Challenge

  • Yuval Weber
The financial troubles of the ruble represent the most striking and dangerous strategic challenge facing the Russian state since the conflict in Ukraine began.
16.10.2014

For Russia, Asia Is No Substitute for the West

Facing Western sanctions, some Russian pundits are rushing to find an easy way out through increased cooperation with Asia. However, nothing can replace the West for Russia.
8.08.2014

Hot Summer in Ukraine

Ukraine’s political heat wave will last well into the coming fall and winter—unless Ukraine, the West, and Russia change their current course.
28.07.2014

A Battle for Russia

The Kremlin now sees the U.S. goal as the toppling of the Putin regime. That said, expecting Putin to back off betrays a lack of understanding of the gravity of the situation. It is no longer just a struggle for Ukraine, but a battle for Russia.
3.07.2014

For Ukraine, Moldova, and Georgia Free Trade with Europe and Russia Is Possible

  • Sergei Aleksashenko
There are few if any reasons for Russia to worry about an immediate negative impact on trade and economic interests of signing of the AA/DCFTA by Ukraine, Moldova, and Georgia. The Russian government’s position is more likely to reflect concerns about the loss of geopolitical influence rather than trade and economic relations.
24.06.2014

Putin’s New (Old) Deal

  • Sergei Aleksashenko
The initiatives outlined by Putin in his speech at the St. Petersburg International Economic Forum may lay the groundwork for radical changes in economic policy.
2.06.2014

The Sanctions Crossroads

The first three months of U.S.-led sanctions did not cause yet deep-seated problems for Russian economy. Regardless, the stakes for Russia are very high. Like the proverbial ancient warrior, it is standing at a crossroads now.
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