The Future for Moscow: An Economic Risk Profile of the Russian Federation

Abstract

Modern international politics can be characterized by a global economy and every country’s role within world markets. Adversaries fight trade wars and multinational corporations are increasingly larger actors in international relations and economics. As of 2022 and 2023, relations between western nations, including the US or the UK, and the two Eastern powers, Russia and China have been the most tenuous in the past couple of decades since the collapse of the Soviet Union. With the decision to invade Ukraine by the Russian president, Vladimir Putin, in early 2022, international condemnation of such a breach of sovereignty has resulted in international condemnation and action. The country has largely been cut off from western markets in ways that hurt its key exports and necessities. With China watching the invasion as a comparable situation to their desire for Taiwan in the South China Sea, questions about Russian economic health arise. Thus the guiding question for this paper is: what is the current profile of Russian economics, and how can the Nation’s current global position be understood?