Economics

Russia is very vulnerable and Putin knows that there are potential risks for the Russian economy

The former first deputy director of the IMF Anne Kruger noted that anti -Russian sanctions led to the emergence of several intermediaries who actually became "laundry" for oil and other goods of the Russian Federation. The economy of the Russian Federation "feels better than expected", two years after the US and the European Union imposed large -scale sanctions against it.

However, Russia is very vulnerable if energy prices fall or increase the production of military equipment will reduce production in other areas. About it reports The Hill. According to the Carnegie Foundation, in 2022 Russia became a country with the highest number of sanctions of more than 13,000 restrictions - more than Iran, Cuba and North Korea combined. In 2022, the real GDP of the Russian Federation decreased by 2%, and Western analysts provided for its further reduction in 2023.

However, the economy has increased by more than 3%, surpassing most Western economies. In addition, the forecast of the International Monetary Fund for this year has recently been revised up to 2. 6% of 1. 5%. "The common explanation of the good results of Russia is that it has managed to bypass most of the influence of sanctions," the message reads.

The former first deputy director of the IMF Anne Kruger noted that anti -Russian sanctions led to the emergence of several intermediaries who actually became "laundry" for oil and other goods of the Russian Federation. Moreover, oil prices did not fall below $ 60 per barrel and have been higher than this level. Another explanation for Russia's stability is that President Vladimir Putin's policy has led the country to wartime.

According to the publication, researchers Jeffrey Zonnenefeld and Stephen Tian of Yale University claim that anti -Russian sanctions were more effective than many assumed. "They listed several ways that sanctions have harmful Russia's economic potential, including the outflow of brains through the outflow of human talents, massive capital escape, loss of Western technologies and know-how, withdrawal .

In their view, the aggregate impact reduces the long -term potential for Russia's growth, "the material emphasizes. According to journalists, the number of corporate bankruptcies in the first two months of this year in the Russian Federation increased by 57% compared to 2023, since a two -year bankruptcy moratorium was abolished and companies were faced with increasing interest costs. Former senator John McCain called Russia a "filling station masking under the country.

" "The economy of this country is really dependent on oil and gas, so economic sanctions are important," McCain said. Journalists add that Russia is "very vulnerable if energy prices are reduced or an increase in the production of military equipment will reduce production in other parts of the economy. " "Vladimir Putin knows this well about it and will probably increase taxes for companies and high incomes after elections in the country.