Commentary
The Russian army is not currently struggling to recruit new contract soldiers, though the number of people willing to go to war for money is dwindling.
Dmitry Kuznets
{
"authors": [
"Alexander Gabuev",
"Andrey Movchan",
"Maria Shagina"
],
"type": "commentary",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie Russia Eurasia Center"
],
"collections": [],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [],
"topics": [
"Economy"
]
}
Source: Getty
Commentary
Podcast: What’s the Point of the Latest U.S. Sanctions Against Russia?
Podcast host Alex Gabuev is joined by Andrey Movchan, a nonresident scholar in the Economic Policy Program at the Carnegie Moscow Center, and Maria Shagina, a postdoctoral fellow at the Center for Eastern European Studies at the University of Zurich, to discuss the impact of Western sanctions on the Russian economy.
Published on Apr 30, 2021
After eight years of Western sanctions, has the Russian economy suffered substantially as a result? Do the latest U.S. sanctions in fact show that Washington is ready to turn the page? How successful has Russia’s import substitution initiative been? And how far do sanctions actually play into the Kremlin’s hands at home?
Listen or download: SoundCloud | Subscribe: iTunes, Google Podcasts, Spotify, RSS
About the Authors
Alexander Gabuev
Director, Carnegie Russia Eurasia Center
Alexander Gabuev is director of the Carnegie Russia Eurasia Center. Gabuev’s research is focused on Russian foreign policy with particular focus on the impact of the war in Ukraine and the Sino-Russia relationship. Since joining Carnegie in 2015, Gabuev has contributed commentary and analysis to a wide range of publications, including the Financial Times, the New York Times, the Wall Street Journal, and the Economist.
Andrey Movchan
Former Nonresident Scholar, Carnegie Moscow Center
Movchan is a nonresident scholar at the Carnegie Moscow Center.
Dr. Maria Shagina
Dr Maria Shagina is a postdoctoral fellow at the Center for Eastern European Studies (CEES) at the University of Zurich
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 Russia Eurasia Center
- Does Russia Have Enough Soldiers to Keep Waging War Against Ukraine?
- Including Russia on the EU Financial Blacklist Will Hurt Ordinary People, Not the KremlinCommentary
The paradox of the European Commission’s decision is that the main victims will not be those it formally targets. Major Russian businesses associated with the Putin regime have long adapted to sanctions with the help of complex schemes involving third countries, offshore companies, and nonpublic entities.
Alexandra Prokopenko
- Why Didn’t the Ukraine War Turn Russia’s Ruling Class Against Putin?Commentary
A new book by Alexandra Prokopenko looks at why the Russian ruling class became the regime’s willing servants—and how they might fare in a post-Putin world.
Vladislav Gorin
- Collateral Damage: The Frozen Foreign Assets of Middle-Class RussiansCommentary
The volume of frozen private assets might seem insignificant compared with Russia’s sovereign reserves, but these are the savings of millions of people who believed that foreign securities were a safe investment and in the institution of private property.
Yulia Starostina
- The Kremlin Has Weaponized Western Financial Checks to Punish Russian DissidentsCommentary
International compliance and anti-money laundering standards are currently formulated in such a way that the Western financial system does not differentiate between Russian political prisoners and ISIS militants.
Alexandra Prokopenko
