Tag Archives: economy

Mobilization, a new statism and the question of time

Eight years into Russia’s war on Ukraine and two months into the present invasion, the perspective of a protracted war and long-term sanctions is increasingly considered on all sides. The invasion has led to significant changes in Russia already, including … Continue reading

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Uncharted territory

Vladimir Putin started a war of subjugation against Ukraine. Ukraine has put up an unexpectedly strong resistance and the West pulled out all the stops from sanctions. A couple of days after the aggression started, it seems that everyone wants … Continue reading

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Investing in stagnation

We haven’t seen sweeping personnel changes following Russia’s legislative election this year. But things are shifting below the surface. It seems that the authorities’ quest for stability is accelerating changes in the relationship between the federal government and the regions, … Continue reading

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Not up to data

The Russian authorities have shifted gears in their attempt to control information flows in the country, but this does not only concern data leaks and information published by investigative outlets. Two recent stories serve as reminders that the authorities are … Continue reading

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NY Dispatches: Sechin’s moves

Requests of tax breaks, aggressive moves against two business-focused publications and his reappointment to head Rosneft for another five years have led to renewed speculation about Igor Sechin’s position in Russian politics. But perhaps we have seen this before?

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Vladimir the Cautious

Policies guided by risk-avoidance have allowed Russia to build up significant fiscal reserves before the pandemic hit. But risk-avoidance does seem to serve the country well during the pandemic and it did not neutralize the adverse effects of an overcentralized … Continue reading

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NY Dispatches: COVID-19 and governors

Having left business owners to their own devices, the Kremlin now wants governors to come up with plans to handle the COVID-19 pandemic. Without more fiscal autonomy this will be a tall order. But high uncertainty means that governors can … Continue reading

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