Economic Policy

In conjunction with the Carnegie Endowment’s International Economics Program, the Moscow Center’s program monitors and analyses short- and long-term trends in the Russian economy, including macroeconomic developments, trade, commodities, and capital flows, and draws out policy implications for Russia and the post-Soviet space. The program also focuses on Russia’s integration into the global economy, with particular emphasis on trade, including in hydrocarbons and other commodities.

  • Commentary

    Putin’s Botched Pension Reform

    Russia’s crony-capitalist economic model requires an ever-increasing volume of funds to be burned on lavish mega-projects that generate huge profits for a dozen families close to the Kremlin. Now it seems to be pensioners’ turn to make the sacrifices needed to finance the appetites of Russia’s new aristocracy.

  • Commentary

    New Sanctions Won’t Hurt Russia

    Washington thinks punitive measures will change Moscow’s calculus, but the Russian economy is doing just fine.

  • Event

    Russian Economic Challenge 2018

    On September 19-20, 2018, the Carnegie Moscow Center held its third annual Russian Economic Challenge conference, organized by the Carnegie Moscow Center in partnership with the Moscow School of Management SKOLKOVO.

  • Commentary

    How to Fix Russia’s Broken Banking System

    Russian banking system needs a supervisory authority independent of the central bank. Retail banks should be prohibited from investing in non-liquid assets, while the liquid securities market should be saved for investors

  • Multimedia

    Gains & Pains?

    Dutch disease is a very common condition among resource-rich nations but its effects on the body of the economy, as well as the potential cure, are always country-specific. What would it take for Russia, both politically and economically, to wean itself off the hydrocarbon windfall?

  • Commentary

    RIP Russian Banks: How to Resuscitate a Moribund System

    Watching the drama of Russia’s private banks collapsing one by one naturally triggers fear: of more than 3,000 registered banks, about 2,600 have already lost their licenses. After the bailout of Otkritie and BIN, the government’s share in Russia’s banking system assets exceeds 80 percent. Fixing Russia’s banking system requires addressing the deep and systematic flaws in the central bank and the financial sector at large.

  • Event

    Global Energy: Abundant Supply and Policy Uncertainty

    The Carnegie Moscow Center hosted a discussion on the changing global energy market at a time of abundant supply and high policy uncertainty, particularly in regards to American energy politics under the Trump administration.

  • Commentary

    Russia and the “Resource Curse”: When the Kremlin’s Policy is Counterproductive for the Economy

    Andrey Movchan explains what lessons Russia can learn from Mexico, the United Arab Emirates, and Venezuela to deal with the perennial “resource curse.”

  • Commentary

    How Institutions Affect Development in Resource-Based Economies

    • Elena Chirkova
    • April 19, 2017

    Authors of more recent studies almost unanimously state that even though it’s unclear whether the resource curse generally menace on average over the group of resource-rich countries, it definitely threatens nations with weak institutions.

    • November 26, 2017
    • Russia Today
    Andrey Movchan
    Gains & Pains?
    Watch Now >
    • December 04, 2013
    • Public Radio International’s World
    Andrew S. Weiss
    How Did Ukraine Get Into a Tug of War Between Russia and the EU?
    Watch Now >
    • September 06, 2013
    • China Radio International’s People In the Know
    Joseph Cheng
    China-Russia Relations
    Watch Now >

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