ASSESSMENTS

Russia's Uneven Drive Toward Economic Self-Sufficiency

MIN READJan 23, 2018 | 18:20 GMT

Russian agriculture, especially its wheat production, has provided its economy with trade revenue that goes beyond its reliance on mineral exports.

A harvester works a field in the village of Nur-Shari, 900 kilometers (560 miles) east of Moscow.

(OLEG NIKISHIN/Getty Images)

The Kremlin is trying to steer Russia's economy toward a more self-sufficient model by decreasing the country's reliance on imports of food and manufactured goods. At the same time, the country is taking fledgling steps to wean itself off its dependence on the cash derived from energy exports, a volatile source of income that has sent the Russian economy on a rollercoaster ride over the years. The economic rebalancing efforts have met with mixed results so far, but as the process continues, the Russian economy that emerges will be significantly more self-sufficient than it has been in previous decades, at least in some respects....

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