Alexander Malyarenko is an expert in the field of macroeconomic analysis and transformation processes in Eastern Europe. He has been published extensively as the author and co-author of over 20 papers in highly regarded, peer-reviewed journals. He frequently speaks at international conferences and is a regular columnist in leading media outlets in Lithuania, Latvia, Estonia, and Belarus. Alexander is an associate member of expert groups and think tanks in Lithuania (BVART) and France (Eastern Circles) focusing on economic development in Eastern Europe.
Despite Western sanctions, Russia managed to keep its economy afloat by switching its trade flows to China and India. However, on the long run that makes the Russian economy more vulnerable.
Russia’s budget proposal for 2025-2027 confirms many analysts' bold predictions — it is, in essence, a budget for prolonged warfare.
Minsk's illusion of economic sovereignty appears to be eroding rapidly. Although the connection to Russia may seem beneficial in the short term, in the long term it will hamper Belarus' economic growth.
Traditional trade relations have been disrupted after the invasion of Ukraine by sanctions that affect not only the EU and Russia, but also dozens of third countries that have been caught in the middle.
Russia needs recruits to cover its heavy losses on the Ukrainian front. To avoid an unpopular mobilization, Moscow has created an economy of death, in which Russians stake their lives for money.
Sanctions and public pressure generated by the invasion of Ukraine forced many Western companies to leave the Russian market. However, there are enough investors who chose to stay, drawn by its potential.
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