Podcast: Michael Howell explains why Russia is doing so well
Since the 2015 recession, the Russian economy has bounced back at an impressive rate, with 2018’s growth of 2.3% far ahead of IMF estimates. By 2020, it is expected to become the world’s fifth largest economy, surpassing the United Kingdom, and, remarkably, Germany. According to the conventional wisdom, the combination of Western sanctions and a fluctuating oil price would stave off such a recovery; how, then, has Russia managed to buck this trend?
In the second Perspectives podcasts, we interviewed Michael Howell, CEO and founder of CrossBorder Capital, about the factors underlying this growth.
The views expressed in this podcast are those of the contributors and do not reflect the views of the Strategy International Group.