While official forecasts still predict at least modest growth for the Russian economy this year, …
Category:
Economics
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Economics
The far-wrong: European populists are gaining support by moderating their economic agenda
by adminIt is commonly believed that moderately right-wing leaders are good for economic growth. Unlike the …
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Economics
Budget of mass destruction: VAT hike signals Russia’s course toward prolonged war and economic decline
by adminRussia’s federal budget is being rewritten on the fly. Although the final deficit for 2025 …
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Economics
Back to the 1990s: Russians are being forced to choose between overpriced foreign cars and locally assembled scrap metal
by adminThe exit of major foreign automakers from Russia, along with higher recycling fees and rising …
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On Sept. 18, Russia’s automotive giant AvtoVAZ announced plans to shift to a four-day workweek …
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Economics
Bullets over bread: Russia's economy is growing dangerously reliant on military contracts
by adminFrom furniture makers to heavy vehicle manufacturer KAMAZ, hundreds of civilian companies are involved in …
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Economics
Tug of war profiteers: Russia’s military industry is decimating the country’s civilian workforce
by adminAndrey Belousov, Russia’s defense minister Since the start of Russia’s full-scale war in Ukraine, payments …
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The average age of a car on Russia’s roads has reached 16 years. Import substitution …
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Economics
A final countdown: At the current rate, the Kremlin will exhaust its financial reserves within a year
by adminVladimir Putin and Governor of the Bank of Russia Elvira Nabiullina Before his trip to …
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Economics
Robots and migrants: Research shows no evidence for the claim that immigration drags down local incomes or holds back innovation
by adminA global anti-immigration movement is gaining momentum. In the United States, ICE carries out mass …