Research Article
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Article title
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Abstract
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Keywords
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1. Introduction
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2. The post-Soviet growth story
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3. Long-term factors of economic growth
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3.1. Demographic trends
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3.2. Investment
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3.3. Productivity
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4. Institutional determinants
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4.1. Renationalization of the Russian economy
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4.2. Perception of business and investment climate
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4.3. Flawed governance
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4.4. Insecure property rights
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5. Structural challenges
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6. Interrelations between geopolitical choices and economic development
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6.1. Sanctions and countersanctions
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6.2. Economic impact of sanctions and countersanctions: the short-to-medium term
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6.3. Beyond sanctions and countersanctions: other costs of the Ukrainian conflict
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6.4. Long-term impact of geopolitical confrontation on economic growth
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7. Macroeconomic management
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8. Conclusions: The way ahead
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References