The Economic Stagnation of Russia

 

The Economic Stagnation of Russia, now, in light of the sanctions imposed on it by Europe and the United States,
is facing a severe and also long-term recession in terms of real income rates,
and according to Chinese studies indicating great pressures on the Russian economy
and Russian President Vladimir Putin, causing deep wounds to the Russian economy.

 

Topic

The Impact on National Income
The Great Russian-Chinese Partnership
Sanctions Continue

 

 

 

 

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The Impact on National Income

 

The study also points to a severing of trade links,
as well as an attempt to reach production that includes several nationalities,
which in turn leads to a 12% decline in real income and also leads to a permanent decline in the country’s GDP.

 

 

The Great Russian-Chinese Partnership

 

Several assessments of the current situation have been issued,
and perhaps the closest and most pessimistic is the model presented about the direct impact of isolation on Russia from the largest economies except China only, which is the largest partner in the trade aspect,
and China did not join the group of countries that imposed sanctions on Russia,
but that The biggest danger is the direct impact of the problems you face due to secondary sanctions that also restrict trade relations

 

 

 

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Sanctions continue

 

Since the imposition of sanctions on Russia by the United States as well as its allies in Europe,
which began on February 24, and with the development of the imposed restrictions,
which included sectors such as the energy sector and access to finance,
this was pushing many companies based in Russia, led to leave Russia,
but at the same time the Russian economy seeks to confront the matter and adapt to these circumstances,
and we may also see a recession with less than expectations in the short term,
but about the long-term vision, it is still foggy and not clear at all While estimates were issued that indicate significant losses in the Russian economy, including losses in social welfare as well as economic losses,
they are still significant, as it approaches 10% if the trade is affected by the sanctions.

While economists pointed to the importance of multinational production in an attempt to understand the significant effects of economic sanctions,
expectations indicate more important news that also indicates the withdrawal of some Western companies from the Russian market.

 

 

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