Analysis

This listing contains all the analytical materials posted on the Russia Matters website. These include: RM Exclusives, commissioned by Russia Matters exclusively for this website; Recommended Reads, deemed particularly noteworthy by our editorial team; Partner Posts, originally published by our partners elsewhere; and Future Policy Leaders, pieces by promising young scholars and policy thinkers. Content can be filtered by genre and subject-specific criteria and is updated often. Gradually we will be adding older Recommended Reads and Partner Posts dating back as far as 2011.
explainer

Russia’s Stock Market Rallies But Still Not a Source of Long-Term Capital

Ben Aris December 12, 2019 RM Exclusives
Russia’s stock market has been described as one of the best performing in the world this year, but the factors driving the uptick won’t fix the economy’s main problem: business people’s lack of confidence in the system.
article

How Big Is Russia’s Win in Syria?

Michael Sharnoff November 06, 2019 RM Exclusives
While Russia has collected a number of short-term dividends from the U.S. troop withdrawal, this “victory” is far from winning Moscow the war in Syria.
article

Russia’s FDI Outlook Grim, with No Chinese Rescue in Sight

Nicholas Trickett July 11, 2019 RM Exclusives
Investment in Russia has plummeted for many reasons, both in and out of Moscow’s control. Meanwhile, the country is drifting toward an increasingly closed economy, with interest groups jostling for pieces of the state-funded pie.
explainer

What Is the State’s Share in Russia’s Economy?

Nini Arshakuni and Natasha Yefimova-Trilling June 26, 2019 RM Exclusives
While press reports say 70% of Russia’s economy is in state hands, some top experts think it’s closer to 35-45%. They’ve seen a trend of strategic nationalization under Putin and doubt the coming years will bring greater efficiency or competition.
article

Russia’s National Projects: Economic Reboot or Mucky Bog?

Ben Aris May 30, 2019 RM Exclusives
Putin’s $390 billion spending program could deepen the crisis of confidence among entrepreneurs and investors—a bigger threat to Russia’s long-term economic prospects than sanctions.
article

5 Years Since Russia’s Intervention in Ukraine: Has Putin’s Gamble Paid Off?

Simon Saradzhyan March 14, 2019 RM Exclusives
The author analyzes the costs and benefits for Russia, finding that the intervention advanced one vital national interest and damaged several others. The costs have been manageable so far, but may eventually become prohibitive.
article

Gangster Geopolitics: The Kremlin’s Use of Criminals as Assets Abroad

Mark Galeotti January 17, 2019 RM Exclusives
Since the worsening of relations with the West in 2014, the Kremlin has increasingly adopted a “mobilization state” approach, turning to any available foreign-policy levers. Gangsters are no exception.
article

How Well Are Russia Sanctions Working?

Nick Butler December 21, 2018 RM Exclusives
If applied successfully and long enough, sanctions will undoubtedly undermine the relative economic successes upon which President Vladimir Putin depends for his position in power. But that's a big “if.”
explainer

The ‘Who, What, When’ of Russia Sanctions: A Cheat Sheet for Laymen

Alexey Eremenko September 26, 2018 RM Exclusives
This explainer spells out the major sanctions imposed on Russia by the U.S. and EU since 2014: who has been targeted; what behaviors are to be punished or deterred; what activities have been restricted; and for how long.
article

Terror Threat from Russian-Speaking Jihadists Won’t End with World Cup, and the West Should Care

Jean-François Ratelle June 13, 2018 RM Exclusives
The war in Syria has greatly expanded Russian-speaking extremist groups’ transnational networks in Europe and beyond, posing an international counterterrorism challenge for years to come.
explainer

The Collapsing Russian Defense Budget and Other Fairy Tales

Michael Kofman May 22, 2018 RM Exclusives
Recent reports claiming Russia slashed defense spending by 20 percent from 2016 to 2017 are wrong, the author argues. They stem from a government decision to pay down old debt, not actual cuts to spending.
article

What Next? The Implications of Putin’s Reelection

Peter Rutland March 22, 2018 RM Exclusives
Key uncertainties surround Russian politics, making it hard for Western leaders to craft an effective strategy toward Moscow. One thing is clear: The West must find a way to deal with Putin and stop waiting for a “friendlier” successor.
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