The Impact of Western Sanctions on the Russian Economy

The IMF had predicted that Russia's economy would be, would be Russia's economic growth would be lowered. But in fact, it was Russia has escaped with a relatively minor lower adjustment of 2%. As far as capital flight is concerned, there has been a considerable amount. It wasn't an effect of sanctions, which is actually strengthen relations between Russia and the other economies throughout the world. This meeting between Xi Jinping and Vladimir Putin was extremely dramatic. Everybody's focusing on science and technology initiatives,. including joint efforts to develop nuclear power stations.