Russia's Economic Fortress: CASE Report Reveals Unexpected Resilience Through 2027

Russia, Monday, 18 November 2024.
Despite Western sanctions, Russia’s economy shows remarkable resilience with 3.6% growth in 2023 and projected 3.8-4.0% for 2024. The transformation into an ‘alternative globalization’ center, coupled with effective domestic market adaptations, suggests stability for at least the next three years, challenging initial collapse predictions. Military spending and labor shortages drive wage growth, while civilian sectors demonstrate surprising vitality with up to 10% growth in key areas.