Vladislav Inozemtsev
Dr. Vladislav Inozemtsev is Professor of Economics and a Senior Research Fellow with the Polish Institute of Advanced Studies, in Warsaw, Poland.
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Articles by Vladislav Inozemtsev
COVID-19 and Russia’s Looming Debt Cliff
COVID-19’s “second wave” is pushing back economic recovery all over the globe, giving rise to predictions of massive recorded drops in GDP this year followed by a robust recovery in...
Russian Prime Minister Presiding Over Development of Parallel State Propaganda Machine
Nine months ago, when Russian President Vladimir Putin replaced his seemingly eternal number two, then–prime minister Dmitry Medvedev, with a lesser-known bureaucrat, Mikhail Mishustin (see EDM, January 16, 20), few...
The Ukrainian Economy in 2020: A Difficult Road Ahead
The start of 2020 in Kyiv was initially thought to be a triumphant one. The last weeks of 2019 brought some de-escalation in the war in Donbas (EADaily, December 30,...
The Yandex Affair: Insider Trading and Institutionalized State Control
One of the most commented developments in Russian business news this past November was the reported attempt to “nationalize” one of the country’s largest high-technology companies, Yandex. Russia’s leading search...
Moscow Proposes Grain Exporters Cartel
On October 5, Russian Deputy Prime Minister Alexei Gordeev, who oversees the agricultural sector (and served as the minister for agriculture from 1999 to 2009), curiously proposed creating an organization...
True to ‘Tradition,’ Russia Prepares to Again Change Parliamentary Election Rules to Keep Putin in Power
Recent Western commentary suggests that Russian President Vladimir Putin is preparing to change parliamentary election rules after his second two-term tenure in the Kremlin finally expires in 2024; but such...
Integrating the Eurasian Union and China’s Belt and Road: A Bridge Too Far?
The 23rd St. Petersburg International Economic Forum, which convened on June 6–8, was, as every year, pronounced a huge success by the Russian authorities. Certainly, the 19,000 participants from 145...
Claims of Peak Oil Production in Russia Probably Overblown
Russian authorities have announced that domestic oil production hit 11.36 million barrels per day (bpd), on average, in September (Vedomosti, October 2). This marks a new historic peak, reached despite...
Kudrin’s Oblique ‘Return’: A Sign of the Kremlin’s Retreat From Liberal Reforms
Following Vladimir Putin’s reelection to a fourth term as president, Russian authorities officially announced the final composition of the “new” government last Friday, May 18. And several days earlier, former...
Business as Usual: Russia Exhausts Its Reserve Fund
The Russian Ministry of Finance released an official statement, on January 10, 2018, confirming that all the money previously channeled into the Reserve Fund, as well as the interest it...
Agriculture: Post-Soviet Area’s Lone Bright Spot?
For most of the last hundred years, Russia was chronically unable to provide its citizens with sufficiently high quality or quantity of foodstuff. All the “heroic efforts” of the Soviet...
Russia Raising Taxes on Gasoline and Cellular Network Services to Fund Development Projects in Crimea, Kaliningrad and Far East
The Russian government recently announced a hike in excise duties on gasoline. The overall retail price will increase by more than a ruble per liter (6.5¢/gallon), or by around 2.5...
Airline Pilot Shortage Illustrates Broader Systemic Problems in Russia’s Labor Market
Several weeks ago, during the annual St. Petersburg Economic Forum (June 1–3), Vitaly Savelyev, the director general of Russia’s flag carrier, Aeroflot, confirmed a fact that was already well known...
One Belt, One Road: Russian Dreams Exceed Reality
Russian President Vladimir Putin made another trip to China last month (May 14–15) to address the Belt and Road Forum. But his speech at the summit’s opening highlighted that Russia...
Western Sanctions and Russia’s Surprising Financial Trap
On September 30, trading on the Moscow Exchange pushed up the Russian ruble to 62.81 per US dollar, its highest recorded value for the current year (RT, October 3), marking...
Duma Elections and the Future of Russian Politics After Putin
Sunday’s (September 18) parliamentary elections in Russia were preceded by perhaps the country’s most listless and dullest campaign in years. The official results rather persuasively underscore this characterization. For the...
Russia’s Decline: Predictions and Recommendations
Whatever Russian leaders may insist when depicting their country’s regained greatness, Russia, seen in the longer run, is of course a declining power. Even a sketchy overview suggests this, for...
New Data Points to Worsening Economic Slump in Russia
During his appearance at this year’s St. Petersburg Economic Forum (June 16–18), President Vladimir Putin declared that “Russia has managed to resolve the most urgent problems in the economy” (Kremlin.ru,...
On the Illusion of Russian Reforms
On May 25, 2016, one and a half years after the economic crisis hit Russia, President Vladimir Putin called together a session of the Economic Council Presidium, an advisory body...
Kudrin’s Return to the Russian Government
Since 2011, when then-President Dmitry Medvedev fired his and (much more importantly) then–Prime Minister Vladimir Putin’s finance minister, Alexei Kudrin, Russian liberals have dreamed of his return to the government....
Russia’s Northern Sea Route Ambitions
Earlier this month, on April 19, the State Commission on the development of the Arctic Regions convened in Moscow to establish a single company to oversee all the logistics operations...