Alexandra Prokopenko is a fellow at the Carnegie Russia Eurasia Center.
In her research, she focuses on Russian government policymaking on economic and financial issues.
From 2017 until early 2022 Alexandra worked at the Central Bank of Russia and at the Higher School of Economics (HSE) in Moscow. She is a former columnist for Vedomosti. She is a graduate of Moscow State University and holds an MA in Sociology from the University of Manchester.
She was a visiting fellow at the Center for Order and Governance in Eastern Europe, Russia, and Central Asia at the German Council on Foreign Relations (DGAP).
The storm of government spending is sustaining the current state of affairs, but it cannot address the chronic problems that have long plagued the Russian economy. We are witnessing an irreversible turn toward economic stagnation.
While U.S. sanctions caused the Russian currency to drop sharply in November, the changing structure of trade flows means the ruble is doomed to weaken further.
A weakening Russian economy could spell trouble for its war effort against Ukraine.
Russia’s central bank finds itself in the firing line amid sky-high interest rates and an economy that looks headed toward recession and stagflation.
A central bank digital currency could provide Russia with an alternative to the SWIFT international payment system from which it has been cut off, but the digital ruble has a long way to go before it enters mainstream circulation.
An examination of Russia’s new budget.
Podcast host Alex Gabuev is joined by Alexandra Prokopenko, a fellow at Carnegie Russia Eurasia Center, and by Alexander Kolyandr, a financial analyst and non-resident senior scholar at the Center for European Policy Analysis, to discuss the state budget for 2025/26 and the prospects of the Russian economy in coming years.
As Russian president Vladimir Putin marks 25 years in power, spending to back his war in Ukraine is propping up the economy.
In Putin’s Russia, property rights have become casualties of war, with a precarious reliance on personal approval supplanting legal frameworks, foreshadowing potential chaos in a post-Putin era.
The authors of the article studied the exodus of Russians following the invasion of Ukraine. They also examined the challenges faced by the Central Bank as it struggles to control inflation.
