The resilience of the Russian economy under the current geopolitical outlook

Despite the widespread consequences of the Russian-Ukrainian war and the unprecedented international sanctions imposed by the EU, USA, and other Western economies, the Russian Federation's economy has demonstrated surprising resilience. This research examines the key drivers that have sustained the Russian economy and how the current economic climate has influenced its international cooperation. We utilize a mixed methodology that combines a literature review with quantitative analyses of international trade and foreign direct investment (FDI). Our findings reveal that while the sanctions initially had a severe impact, increased energy exports have since boosted economic growth, and legal initiatives have helped mitigate the decline in FDI.

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Publication Details

Published
2024-12-01
DOI
https://doi.org/10.36004/nier.cecg.i.2024.18.05
Primary Topic
Economic and Technological Developments in Russia
Type
article
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article

The resilience of the Russian economy under the current geopolitical outlook

Andreea–Emanuela Dragoi
Economic and Technological Developments in Russia
article

The resilience of the Russian economy under the current geopolitical outlook

Andreea–Emanuela Dragoi
article en

Abstract

Despite the widespread consequences of the Russian-Ukrainian war and the unprecedented international sanctions imposed by the EU, USA, and other Western economies, the Russian Federation's economy has demonstrated surprising resilience. This research examines the key drivers that have sustained the Russian economy and how the current economic climate has influenced its international cooperation. We utilize a mixed methodology that combines a literature review with quantitative analyses of international trade and foreign direct investment (FDI). Our findings reveal that while the sanctions initially had a severe impact, increased energy exports have since boosted economic growth, and legal initiatives have helped mitigate the decline in FDI.

Openalex Percentile: Top 42%
Economic and Technological Developments in Russia
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