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Analysis | Jun 20, 2023
Russia's superrich rely on a small number of wealth managers, many of whom reside in Europe, making them relatively easy targets for Western policymakers hoping to ramp up sanctions amid Moscow's ongoing war with Ukraine.
Analysis | Feb 09, 2023
The West has shown that it possesses the tools to destroy the growth prospects of import-dependent middle-income economies. But sanctions have failed to cause crippling and insurmountable problems of the kind that will cause the collapse of either the Russian economy or Mr. Putin’s war effort.
Analysis | Apr 05, 2021
The experiences of Russia’s oil- and gas-producing regions after the collapse of the Soviet Union suggests that political elites can make a difference in reversing the “resource curse” if their abundant revenues from natural resources decline.