Home > DocuBase > Article

« All DocuBase Articles

 

Wednesday, 2nd September 2015

The Offshore Nexus, Sanctions and the Russian Crisis

Source: Istituto Affari Internazionali

Abstract:

This paper analyses the 2014-16 crisis in Russia in the context of the country’s mode of global economic integration that has evolved over the past 15 years. Russia’s model of political- economy has evolved around three main channels of global economic integration: (1) export of natural resources and a national system of redistribution of export revenues; (2) financialisation, acting as a boost for domestic consumption/ demand; and (3) the offshore integration of Russian capital into global capital markets. The current crisis is affecting all three channels of Russia’s global political economy. Together, reduced export revenues, the deepening financial crisis and the dominance of offshore-sourced investments into Russia, serve as crisis transmission mechanisms, and thus constitute three sets of (interrelated) dilemmas for the Russian authorities. The paper ponders four scenarios of possible development of the current situation.

+ Direct link to document (PDF; 2.6 MB)


Category:

Source:


Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

More articles by Adrian Janes »



Please note: DocuTicker's editors collect citations for full-text PDF reports freely available on the web but we do not archive these reports. When you click a link to find and/or download the report, you are leaving the DocuTicker site. DocuTicker makes no representations regarding the ongoing availability of any report or any external resource. Links were accurate as of the date of posting.

« All DocuBase Articles







 

 
 
 

Article Categories

All Article Categories »

Sources

All DocuBase Sources »

Source Categories

All Source Categories »

Archive

All Archives »