💨 Abstract

The Russian economy is facing significant challenges due to its shift to a war mode and Western sanctions over the Ukraine invasion, according to a report by the Stockholm Institute of Transition Economics (SITE). While the economy appears stable, it is plagued by underlying imbalances and structural weaknesses. The fiscal stimulus from the war has kept it afloat short-term, but long-term sustainability is questionable due to opaque financing and high military spending.

Courtesy: theprint.in