Read previewRussia's economy is fragile and policymakers won't be able to stave off a crisis for very long, a think tank researcher argued in a post on Tuesday.
AdvertisementRussia's economy has flashed key signs of weaknesses since the West first began imposing sanctions on the nation in 2022.
And high interest rates, necessitated by all that inflation, stifle investment in productivity and further distort the economy," Kolyandr said.
AdvertisementOther experts have noted that Russia faces a dilemma as it juggles managing its economy and prolonging its war against Ukraine.
According to one European economist, the nation has become dependent on war for economic growth, and it can't afford to win or lose the war.
Persons:
—, Alexander Kolyandr, Kolyandr, Putin
Organizations:
Service, Centre for, Kremlin, Business
Locations:
Russian, Ukraine, Central, Russia, West, Europe