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Russia: Can Economic Difficulties Weaken the Political System?

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Year after year, Russian liberal politicians and experts have been promising radical changes in Russia’s economics and politics, which, they believed, would lead to the collapse of the Putin regime.

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Saint Petersburg, August 2020: a protester holds a poster "When will Russia come out of coma?" at a rally.
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Domestic protests, Western sanctions, oil price fluctuations and public discontent caused by a drop in living standards are only some of the causes that could lead to such a development. However, neither the Covid-19 pandemic, instability in the global energy markets nor massive street protests earlier this year managed to undermine the foundations of the Russian political system. The reasons for their failing to do so were obvious: the Russian economy is far from being the disaster that foreign observers like to portray; people are willing to survive by relying on themselves alone; and the protests in Putin’s Russia are more a way to express personal opinion than a tool to achieve the goals of masses of dissatisfied citizens. The last two decades indicate that neither political liberties nor opportunities for business are primary values for Russians. Russian society does not reject the apparent tightening of the regime, it does not demand that living standards be maintained, and it does not close its ranks in response to repression of dissenters. Meanwhile, Western economic sanctions have made almost no impact on government bureaucracy, since these days it prefers to concentrate its business domestically while reducing its contacts with the outside world to a minimum.

Let’s be frank: Russia is not a “slightly distorted” version of a Western nation. Its “uniqueness” is too profound for developing policy based on expectations that one day Russia becomes a “normal country”. Instead, Moscow’s negative impact on Western nations and their allies should be strictly limited while Russia is left to go on its own path until it reaches an economic dead end and finally realizes the need for changes—as happened to the USSR due to its economic and technological failures.

Vladislav Inozemtsev, PhD, is a Russian economist, and founder and director of the Moscow-based Centre for Research on Post-Industrial Societies since 1996.

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979-10-373-0396-7

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Russia: Can Economic Difficulties Weaken the Political System?

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Russie, Eurasie, Carte
Russia/Eurasia Center
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Founded in 2005 within Ifri, the Russia/Eurasia Center conducts research and organizes debates on Russia, Eastern Europe, Central Asia, and the South Caucasus. Its goal is to understand and anticipate the evolution of this complex and rapidly changing geographical area in order to enrich public discourse in France and Europe and to assist in strategic, political, and economic decision-making.

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Russia and the New BRICS Countries: Potentials and Limitations of a Scientific and Technological Cooperation

Date de publication
23 September 2024
Accroche

At the fifteenth BRICS summit, held in Johannesburg, South Africa, from August 22 to 24, 2023, a resolution was adopted to extend an invitation to six new countries to join the organization: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE). All of these countries except Argentina duly became members of BRICS in 2024, with the expanded group known as BRICS+. In addition to the political and economic advantages, it is assumed that the incorporation of these new countries could potentially facilitate their scientific and technological development.

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The South Caucasus: A New Strategic Space?

Date de publication
10 September 2024
Accroche

The states of the South Caucasus are trying to find their footing in an increasingly fragmented international landscape.

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Russia in the Arctic: The End of Illusions and the Emergence of Strategic Realignments

Date de publication
31 July 2024
Accroche

Russia’s full-scale invasion of Ukraine has triggered profound changes in the Arctic region, the consequences of which remain uncertain in the long term.

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Between Aspiration and Reality: Russia in the World (Dis)order

Date de publication
17 June 2024
Accroche

The world has rarely seemed more disorderly than it is today. But in this anarchic environment, some things are constant. 

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Russia: Can Economic Difficulties Weaken the Political System?