Assessments

A woman wearing a protective mask carries a grocery bag in Dedovsk, Russia, on April 16, 2020.

Moscow’s unwillingness to cough up the capital needed to keep its private sector afloat during the pandemic will come at the cost of a longer and more painful economic recovery.

Russia's COVID-19 Measures Short-Change Its Economy

Russia’s COVID-19 Measures Short-Change Its Economy

Highlights

Russia

Economics

Environment, Science & Technology

Russia's Internal Struggle

Despite the likely dire economic impact of the COVID-19 pandemic, the Russian government has continued to resist significant stimulus spending, which has resulted in limited support measures that are unlikely to protect all of Russia’s businesses. This will ultimately hamper Russia’s long-term economic recovery -- a self-inflicted wound as a result of Moscow’s unwillingness to change its conservative spending practices, even in the face of a historic global crisis. 

ASSESSMENTS

Russia's COVID-19 Measures Short-Change Its Economy

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