Researches about Ukraine

Import Substitution and Economic Sovereignty in Russia

Chatham House

Project: Russia and Eurasia Programme09 June 2016

Dr Richard ConnollyAssociate Fellow, Russia and Eurasia Programme

Professor Philip Hanson OBEAssociate Fellow, Russia and Eurasia Programme

Russia’s dependency on oil and gas exports makes its economic sovereignty fragile and import substitution would reduce this dependency only if it were successful to a degree that seems unlikely.

German Gref, Anatoly Aksakov and Deputy Prime Minister Arkady Dvorkovich cooking a dish from Russian food products at Metro Expo 2016. Photo: Getty Images.

SummaryRussia’s economic policy is being progressively subordinated to security concerns, with the ostensible aim of …read more

Source: Chatham House

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