|Author (Corporate)||European Parliament: European Parliamentary Research Service|
|Series Title||In-Depth Analysis|
|Series Details||July 2018|
|Publication Date||July 2018|
This publication described the condition of the Russian economy in 2018, which had suffered from external shocks, such as a collapse in oil prices and Western sanctions. However, it argued that poor economic performance had more to do with long-term internal problems, including a lack of competitive markets, low levels of investment, an absence of innovation and excessive dependence on natural resources. Finally, it discussed President Putin's promises of economic reforms to tackle such issues, and evaluated the prospects for major change.
|Countries / Regions||Europe|