Future of Russian Economy

Future of Russian Economy

On 24 February Russia launched full-scale military invasion in Ukraine. In response to Russian War against its Western neighbor, Western countries unleashed unprecedented sanctions with the aim to indispose the Russian economy and thus restrain the war. As a result, the Russian economy is directed to fall in a deep recession. The ruble has collapsed to all-time low. The risk of default is rising. Western collective reactions and imposed restrictions make Russia to fall into isolation from the Western world and major global markets for a longer term.

What are the consequences for the Russian economy? What are future scenarios of Russia’s involvement in global markets? These are some of the questions experts will try to answer.

Latvian Transatlantic Organisation (LATO) in close cooperation with the Konrad Adenauer Foundation in Baltic States and Faculty of Social Sciences, University of Latvia is organising the Rīga Conference discussion “Future of Russian Economy” on March 22 at 10.00 GMT+2.


Vladislav Inozemtsev, Founder, Director, Centre for Post-Industrial Studies
Mārtiņš Zemītis, Deputy Head at the Representation of the European Commission in Latvia
Pēteris Strautiņš, Economist at Luminor Latvija
Moderator: Morten Hansen, Head of Economics Department, Stockholm School of Economics

The discussion will be live streamed on LATO, Faculty of Social Sciences, University of Latvia, and Konrad Adenauer Foundation in Baltic States Facebook pages.