FIIA, 1 Sep 08: The Sustainability of Russia's Resurgence
Summary

- In recent years, Russia’s resurgence has been driven by favourable conditions rather than solid foundations.

- Despite the favourable conditions, Russia’s resurgence has only achieved mixed results. Buoyed by economic growth, Russia has become wealthy, assertive and confident; but the country has also alienated and provoked its neighbours and the West.

- Sustaining these conditions is unlikely due to problems resulting from Russia’s internal structural weaknesses and assertive foreign policy.

- Without change, these problems are likely to worsen. Energy exports – the cornerstone of Russia’s resurgence – are set to decline. The end of this boom threatens Russia’s domestic stability and ability to tackle other long-term threats as external resistance to Russia hardens.