• Research
  • Emissary
  • About
  • Experts
Carnegie Global logoCarnegie lettermark logo
DemocracyIran
  • Donate
{
  "authors": [
    "Alexandra Prokopenko"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace",
    "Carnegie Russia Eurasia Center"
  ],
  "collections": [],
  "englishNewsletterAll": "ctw",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Russia Eurasia Center",
  "programAffiliation": "russia",
  "programs": [
    "Russia and Eurasia"
  ],
  "projects": [],
  "regions": [
    "Russia"
  ],
  "topics": []
}
REQUIRED IMAGE

REQUIRED IMAGE

In The Media
Carnegie Russia Eurasia Center

Coping with Technology Sanctions in The Russian Financial Sector

The Russian financial sector has taken a double hit from sanctions – both in infrastructure and in technology. The financial sector was able to withstand the first shock. However, the most recent restrictions on access to advanced technologies, especially from the US and the EU, will lead to import substitution based on technologies of yesterday.

Link Copied
By Alexandra Prokopenko
Published on May 30, 2023
Program mobile hero image

Program

Russia and Eurasia

The Russia and Eurasia Program continues Carnegie’s long tradition of independent research on major political, societal, and security trends in and U.S. policy toward a region that has been upended by Russia’s war against Ukraine.  Leaders regularly turn to our work for clear-eyed, relevant analyses on the region to inform their policy decisions.

Learn More

German Council on Foreign Relations

About the Author

Alexandra Prokopenko

Fellow, Carnegie Russia Eurasia Center

Alexandra Prokopenko is a fellow at the Carnegie Russia Eurasia Center.

    Recent Work

  • Commentary
    Beyond Oil: Hormuz Closure Puts Russia in the Lead in the Fertilizer Market

      Alexandra Prokopenko

  • Q&A
    Is a Conflict-Ending Solution Even Possible in Ukraine?
      • +1

      Eric Ciaramella, Aaron David Miller, Alexandra Prokopenko, …

Alexandra Prokopenko
Fellow, Carnegie Russia Eurasia Center
Alexandra Prokopenko
Russia

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie Endowment for International Peace

  • Commentary
    Carnegie Politika
    What Does Nuclear Proliferation in East Asia Mean for Russia?

    Troubled by the growing salience of nuclear debates in East Asia, Moscow has responded in its usual way: with condemnation and threats. But by exacerbating insecurity, Russia is forcing South Korea and Japan to consider radical security options.

      James D.J. Brown

  • Commentary
    Carnegie Politika
    Who Is Responsible for the Demise of the Russian Internet?

    The Russian state has opted for complete ideological control of the internet and is prepared to bear the associated costs.

      Maria Kolomychenko

  • Commentary
    Carnegie Politika
    Russia’s Coal Industry Is Running on Borrowed Time

    Powerful lobbyists and inertia led to Russia’s coal-mining sector missing an excellent opportunity to solve its structural problems.

      Alexey Gusev

  • Commentary
    Carnegie Politika
    Is Opposition to Online Restrictions an Inflection Point for the Russian Regime?

    After four years of war, there is no one who can stand up to the security establishment, and President Vladimir Putin is increasingly passive. 

      Tatiana Stanovaya

  • Commentary
    Carnegie Politika
    What’s Having More Impact on Russian Oil Export Revenues: Ukrainian Strikes or Rising Prices?

    Although Ukrainian strikes have led to a noticeable decline in the physical volume of Russian oil exports, the rise in prices has more than made up for it.

      • Sergey Vakulenko

      Sergey Vakulenko

Get more news and analysis from
Carnegie Endowment for International Peace
Carnegie global logo, stacked
1779 Massachusetts Avenue NWWashington, DC, 20036-2103Phone: 202 483 7600
  • Research
  • Emissary
  • About
  • Experts
  • Donate
  • Programs
  • Events
  • Blogs
  • Podcasts
  • Contact
  • Annual Reports
  • Careers
  • Privacy
  • For Media
  • Government Resources
Get more news and analysis from
Carnegie Endowment for International Peace
© 2026 Carnegie Endowment for International Peace. All rights reserved.