Russian Economy — from Defensive Strategy to Ambitious One

DOI: 10.33917/es-5.191.2023.54-63

The Russian economy turned out to be at the forefront of changes occurring in the global economy. Usual paradigms of economic analysis and forecasting are no longer suitable for describing this situation. Macroeconomic indicators in the context of massive redistribution of assets provide an increasingly distor ted picture of the current and strategic advantages of countries and corporations, their economic oppor tunities and risks. The institutional approach, in par ticular the theory of mergers and acquisitions, is becoming more adequate to the present moment. A description of the conflict between Western countries and Russia in its language allows us to see both the mechanisms of transition from its “friendly” absorption in the 1990s to a “hostile” acquisition (essentially, to a raider tak eover in recent years), and new opportunities opening up for Russian economy thanks to a failed at tempt to capture it. Right now, it is impor tant not only to build a policy in order to counter sanctions, but also to formulate new ambitious strategic priorities. This will allow us to tak e advantage of new opportunities in a proper way.

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