Russia’s economic policy in Putin’s fourth term
Russia’s economic policy in Putin’s fourth term

Summary/Abstract: Despite some initial disruption, the Kremlin’s efforts to counteract and mitigate the impact of sanctions have been quite successful. The state-led redistributive model has ensured that the authorities are well placed to respond to any disruption caused by the sanctions.In essence, the effect of the sanctions has reinforced a highly interventionist economic policy and a dominant role of the state in driving economic growth.

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