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Night owls’ session by OSW (Centre for Eastern Studies)

Russia’s War Economy: The Limits of Resilience

September 23, 21:45-23:15

Despite unprecedented sanctions pressure and soaring military expenses, Russia’s economy has demonstrated a degree of resilience and even recorded positive macroeconomic performance for the past two years. However, war-related activity now seems to have ceased to be a driving force, and the economy is heading […]

Speakers

Alexandra Prokopenko

Fellow at the Carnegie Russia Eurasia Center

Laura Solanko

Senior Advisor to the Bank of Finland Institute for Economies in Transition

Iwona Wiśniewska

Senior Fellow at the Centre for Eastern Studies

Moderator

Filip Rudnik

Research Fellow at the Centre for Eastern Studies

Despite unprecedented sanctions pressure and soaring military expenses, Russia’s economy has demonstrated a degree of resilience and even recorded positive macroeconomic performance for the past two years. However, war-related activity now seems to have ceased to be a driving force, and the economy is heading towards a slowdown. 

Is the sanctions regime starting to take its toll? Is Russia’s economic growth no longer sustainable? Where are the economic vulnerabilities and bottlenecks? How is Russia seeking to circumvent the sanctions regime, and what further measures could the west implement to intensify pressure? What are the implications for Russia’s military posture?