The new sanctions package will be extremely painful for the Russian economy, but it’s two years too late to be a gamechanger. In a global context, however, it increases the risk of the fragmentation of the financial system.
Alexandra Prokopenko is a fellow at the Carnegie Russia Eurasia Center. She is 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).
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.
The new sanctions package will be extremely painful for the Russian economy, but it’s two years too late to be a gamechanger. In a global context, however, it increases the risk of the fragmentation of the financial system.
The war in Ukraine has been an enormous gift from Russia to China, boosting the status of the yuan and opening up the Russian market for Chinese companies.
Carnegie Politika podcast host Alex Gabuev is joined by Alexandra Prokopenko, a fellow at Carnegie Russia Eurasia, and Dara Massicot, a senior fellow at the Carnegie Endowment, to discuss the future of the war in Ukraine and Russia's economic stability following Moscow's government reshuffle.
They will privately brainstorm options for a sanctions-proof infrastructure before quietly implementing them.
Following the long-awaited release of the U.S. aid package for Ukraine, the best-case scenario for Kyiv in 2024 appears to entail minimizing Russia’s gains to incremental advancements, particularly at the height of its defense spending. But what if Russia’s military expenditure has not yet peaked?
Russia’s economy is being revved up by the Kremlin’s wartime priorities. Having largely completed an adjustment to the Western sanctions regime, the economy has stabilized but is now more dependent on oil prices. This hard-won stability may last a long time, but it is not eternal.
When Vladimir Putin invaded Ukraine, Alexandra Prokopenko quit her job at the Russian Central Bank. In an interview, she explains why the Russian president's economic policy is so successful. And what the West could do that would really harm the Kremlin.
To unpack the complex challenges Putin’s re-election presents to the West, Ukraine, and Russia itself, join an online discussion with Carnegie Russia Eurasia Center experts Alexander Baunov and Alexandra Prokopenko, moderated by Financial Times Russia correspondent Polina Ivanova.
A discussion on Putin's continued rule means for Russia, Ukraine, the United States and the world.
The Kremlin’s plan is to bring all offshore Russian companies back home. Why are their Russian owners only too happy to comply?