Richard Connolly — Russia’s Response to Sanctions: How Western Sanctions Reshaped Political Economy in Russia

My conclusions:

1. The West is conducting economic warfare against Russia and Russians in general realize that his is the not-so-hidden agenda.

2. So far Russia has adapted successfully to the challenges and as a result become stronger and more integrated with the non-West. The West hadn't anticipated this. The consequence is that the West is in a worse position than prior to launching the economic war.

3. Specific understanding of MMT would greatly improve Russia response-capability, on one hand, and other the other, also enhance Russia's ability to employ its considerable resources more efficiently and effectively.

Valdai Club
Russia’s Response to Sanctions: How Western Sanctions Reshaped Political Economy in Russia
Richard Connolly | Senior Lecturer at the University of Birmingham, Associate Fellow at Chatham House, Visiting Professor at the Russian Presidential Academy of National Economy and Public Administration

See also

Reminiscence of the Future
Realism?
Andrei Martyanov