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ESPRESO July 3, 2024

Risk insurance is not a Silver Bullet that will solve these problems. Investors are interested in ukraine, but they will enter when the situation stabilizes, and of course, they carefully monitor changes in the environment for business, institutions. A big positive was the approval of the new law on the management of state enterprises. This is a step in the right direction. The imf recently improved its gdp forecast for russia. Do sanctions work . Event . The russian economy has been under sanctions since 2014, so i think those who expected western sanctions to cause an economic or financial crisis in russia had unrealistic expectations, sanctions are working but slowly, they are depriving russia of knowledge that is contained in capital goods , which russia cannot import knowledge acquired by international corporations. Such corporations would normally be there. But they left the russian market. We will see the impact of sanctions ....

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