Author page: Yuri Sayamov

On Russia’s Long-Term Economic Strategy

DOI: 10.33917/es-2.194.2024.70-77

Overcoming the main problems of the Russian economy based on domestic demand and potential for the internal development will require a significant change in its structural proportions. Necessary transformation, spurred by defence needs, is already underway with results surprising the West, which had hoped that unprecedented economic sanctions would break Russia’s resistance to its dictates. Moreover, the comprehensive aggression of the West against Russia seems to be backfiring and, instead of destroying it, contributes to its strengthening, creating conditions for a powerful economic breakthrough of the Russian state.

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