The Russian Economy: Current State, Challenges and Development Prospects
Introduction The Russian economy is one of the largest and most significant in the world. It possesses a powerful resource base, a developed industrial and scientific-technical potential, as well as a unique geographical position linking Europe and Asia. Over the past three decades, Russia has transitioned from a Soviet-style planned economy to a market model with strong state participation. The modern Russian economy faces numerous challenges, including sanctions pressure, dependence on raw materials, demographic issues, and the need for technological modernization...