Audio Briefs “The Russian Wartime Economy: From Sugar High to Hangover”: Audio Brief with Maria Snegovaya
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Jun 5, 2025 Explore how Russia's economy is adjusting under the weight of Western sanctions post-invasion of Ukraine. Delve into the resilience of its military efforts and the potential for strategic sanctions aimed at oil revenues. Discover the implications of these economic adaptations for future negotiations and the broader geopolitical landscape.
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Russia's Economic Resilience
- Russia's economy has successfully adjusted to Western sanctions and sustains the war for at least 2-3 years.
- This economic resilience allows Russia to continue its invasion of Ukraine despite counter-efforts.
Reinforce, Don't Relax Sanctions
- The West can reinforce sanctions, especially by targeting Russia's oil revenues, to increase pressure.
- Partial sanctions relief alone won't likely push Russia to agree to a ceasefire or serious negotiations.
Limited Ceasefire Incentives
- The Kremlin is unlikely to be incentivized by partial sanctions relief due to economic restructuring.
- Recent ceasefire talks show limited progress, reflecting Russia's reduced dependence on sanction relief.