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The Long-Run Challenges to Economic Growth and Social Stability in Russia
[journal article]
Abstract With the war and sanctions, Russia must tread an increasingly narrow path to avoid prolonged stagnation. The decision to invade Ukraine in February 2022 followed a decade or more of declining living standards. While war-time spending on weapons and social benefits has lifted the economy for now, suc... view more
With the war and sanctions, Russia must tread an increasingly narrow path to avoid prolonged stagnation. The decision to invade Ukraine in February 2022 followed a decade or more of declining living standards. While war-time spending on weapons and social benefits has lifted the economy for now, such spending is unsustainable in the long run. Stagnation and resulting hardship will make maintaining social - and, ultimately, political - stability more problematic.... view less
Keywords
Russia; war; sanction; economic development (on national level); political stability
Classification
Peace and Conflict Research, International Conflicts, Security Policy
Document language
English
Publication Year
2023
Page/Pages
p. 18-21
Journal
Russian Analytical Digest (2023) 304
Issue topic
Russia and the Global Food Supply
DOI
https://doi.org/10.3929/ethz-b-000643679
ISSN
1863-0421
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0