RUSSIA – Russia-2020: Summing Up the Track-Record (Yaroslav Lissovolik, Valdai Discussion Club)

The key drivers affecting Russia’s economic performance in the near term will be the pace of global economic recovery and the concomitant growth in oil prices. Other external factors that may affect Russia’s outlook include the possibility of a moderation in protectionist pressures, as well as new rounds of stimuli, sanctions scenarios, further progression of the pandemic and vaccine development, writes Valdai Club Programme Director Yaroslav Lissovolik.