The Economic and Development Challenges Facing Russia

IIEA8th March 20181min
In his address to the IIEA, Jacques Sapir discussed the challenges facing the Russian economic and development model in the coming years.

 

 

About the Speech:

In his address to the IIEA, Jacques Sapir discussed the challenges facing the Russian economic model, which he believes became overly dependent on the Western banking system to fund its development post 1998. He argued that this model was undermined by the financial crisis of 2008, and collapsed when the United States and the European Union implemented their sanctions regime in 2014. Dr Sapir drew on this analysis to provide a perspective on the future of the Russian economy.

 

About the Speaker:

Jacques Sapir is a French economist who has been the director of studies at École des Hautes Études en Sciences Sociales (EHESS) in Paris, since 2006. He specialises in the economy of Russia, and teaches at the Moscow School of Economics. He is author of many books, and has received several awards for his work, including the Castex Prize in 1989, and the Turgot Prize in financial economics in 2001. He studied at the Institute of Political Studies in Paris, and obtained his doctorate in Economics at the Paris Nanterre University in 1986.