Publication
Jun 2015
This brief evaluates how Russia's economy has been run under “Putinomics,” which relies heavily on oil and gas for revenue. The text's author also discusses how international sanctions and a huge fall in oil prices in 2014 are likely to affect the Russian economy under the Putin system. Overall, the author argues that, assuming the price of oil remains at around $60 dollars a barrel, the Russian economy will not collapse in the near future; rather, it will start to sink into a gradual depression.
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English (PDF, 10 pages, 288 KB) |
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Author | Kirill Rogov |
Series | ECFR Policy Memos |
Issue | 134 |
Publisher | European Council on Foreign Relations (ECFR) |
Copyright | © 2015 European Council on Foreign Relations (ECFR) |