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Recent Russia research
|Russia: Navalny trashes Medvedev - What it means, Christopher Granville, 29 Mar 2017|
|Russia: Geopolitical driver – negative turn, Christopher Granville, 15 Mar 2017|
|Russia: Jumbo tax reform, Christopher Granville, Madina Khrustaleva, 3 Mar 2017|
|Russia: More good news on the macro-policy front, Christopher Granville, Madina Khrustaleva, 8 Feb 2017|
|Russia: Pay attention to Kudrin, Christopher Granville, 31 Jan 2017|
See all our Russia research >>
The prospect of improved financial policy
The key long-term macroeconomic policy driver for absolute and risk-adjusted returns on Russian investments is an improvement in the country’s financial policies. The vulnerabilities created by the inflationary dash for growth and stunted domestic financial development have been painfully exposed by the financial crash of 2008 and the ensuing brutal recession. We assess whether this monetary and financial lesson has been absorbed by the political leadership in the same way that the...