Ukraine war facilitates Kremlin ‘deoffshorization’ dream

{
  "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": [
    "Economy"
  ]
}

In The Media

Carnegie Russia Eurasia Center

Ukraine war facilitates Kremlin ‘deoffshorization’ dream

The Kremlin’s plan is to bring all offshore Russian companies back home. Why are their Russian owners only too happy to comply?

By Alexandra Prokopenko

Published on Mar 8, 2024

The Bell

About the Author

Alexandra Prokopenko

Senior Fellow, Carnegie Russia Eurasia Center

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

Recent Work

Paper
Loyal but Powerless: The Downgrading of Russia’s Elite
- Alexandra Prokopenko
Book
From Sovereigns to Servants. How the War Against Ukraine Reshaped Russia’s Elite
- Alexandra Prokopenko

Economy 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
Strategic Europe
Why Europe Must Take Charge of its Russia Diplomacy Now
Trump is distracted and Ukraine wants Europe to step up. The continent’s leaders must find their voice and assert it in talks with Russia.
Alissa de Carbonnel
Commentary
Strategic Europe
Why Russia Could Escalate Hybrid Warfare Against Europe
Mounting economic strain and battlefield losses will not necessarily make the Kremlin less dangerous. They could instead push Moscow toward a more aggressive hybrid campaign designed to test NATO’s Eastern flank, exploit allied hesitation, and fracture European resolve.
Maksym Beznosiuk
Commentary
Carnegie Politika
Building Mini-Refineries Will Not Solve Russia’s Gasoline Crisis
Official discussions about mini oil refineries are unlikely to come to anything—but the mere fact they’re happening reveals the regime is failing to deliver a functioning economy.
Sergey Vakulenko
Commentary
Carnegie Politika
Are Russia’s Influential Rotenberg Brothers Headed for a Fall?
The security forces are targeting Arkady and Boris Rotenberg’s patronage network—and in Putin’s Russia, it’s extremely hard to stop a purge once it’s under way.
Mikhail Komin
Commentary
Carnegie Politika
What Should We Take From Andrey Melnichenko’s Essay in the Economist?
Andrey Melnichenko’s essay offers no answer to the fundamental question of how, under any kind of negotiated settlement, Europe can protect itself from the Russian ressentiment that is inevitable in all scenarios except for an outright victory for Putin.
Leonid Bershidsky

More Work from Carnegie Endowment for International Peace

Commentary

Strategic Europe

Why Europe Must Take Charge of its Russia Diplomacy Now

Trump is distracted and Ukraine wants Europe to step up. The continent’s leaders must find their voice and assert it in talks with Russia.

Alissa de Carbonnel

Commentary

Strategic Europe

Why Russia Could Escalate Hybrid Warfare Against Europe

Mounting economic strain and battlefield losses will not necessarily make the Kremlin less dangerous. They could instead push Moscow toward a more aggressive hybrid campaign designed to test NATO’s Eastern flank, exploit allied hesitation, and fracture European resolve.

Maksym Beznosiuk

Commentary

Carnegie Politika

Building Mini-Refineries Will Not Solve Russia’s Gasoline Crisis

Official discussions about mini oil refineries are unlikely to come to anything—but the mere fact they’re happening reveals the regime is failing to deliver a functioning economy.

Sergey Vakulenko

Commentary

Carnegie Politika

Are Russia’s Influential Rotenberg Brothers Headed for a Fall?

The security forces are targeting Arkady and Boris Rotenberg’s patronage network—and in Putin’s Russia, it’s extremely hard to stop a purge once it’s under way.

Mikhail Komin

Commentary

Carnegie Politika

What Should We Take From Andrey Melnichenko’s Essay in the Economist?

Andrey Melnichenko’s essay offers no answer to the fundamental question of how, under any kind of negotiated settlement, Europe can protect itself from the Russian ressentiment that is inevitable in all scenarios except for an outright victory for Putin.

Leonid Bershidsky