Russia under Collective Western Sanctions: Crisis Trends

DOI: 10.33917/es-6.192.2023.40-45

The reasons for Russia’s unique success in relieving the sanctions shocks of 2022 and signs of its plunge into prolonged sanctions stress from 2023 are described. It is shown that Russia has exhausted the advantages of a “big country” in increasing macro-financial stability, and its model of recovery growth creates imbalances that aggravate sanctions deformations.

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