| ID | 189840 |
| Title Proper | Moment before a Perfect Storm |
| Language | ENG |
| Author | Nickolov, Ruslan Z. |
| Summary / Abstract (Note) | T
he Ukraine conflict has created a new economic reality,
highlighting the critical importance of resources over
manufacturing, finance, and services. After the Russian troops
rolled across the Ukrainian border, the West imposed the harshest
sanctions any country had ever faced, both in terms of their number
and intended impact. It has long been recognized that economic
sanctions are a weak deterrent for governments resolutely pursuing
their policies. The current situation is more nuanced though. Together
with other dramatic events, above all, the COVID-19 pandemic,
Russia’s special operation in Ukraine has opened a unique window of
opportunity for resource-rich countries to influence the immediate
future of the world economy that currently hangs in balance. |
| `In' analytical Note | Russia in Global Affairs Vol. 20, No.4; Oct-Dec 2022: p.69-81 |
| Journal Source | Russia in Global Affairs Vol: 20 No 4 |