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Russia Strategic Initiative, U.S. European Command
Abstract: EAG examines Russia’s securitized economy. After the annexation of Crimea in 2014, Russia’s economic strategy has become subordinated to security concerns. Taken together, the components of the economic strategy that unfolded after 2014 resulted in what can be called the ‘Kalashnikov economy’: i.e., a relatively unsophisticated and, in some ways, primitive economy that prioritizes regime and state security over market driven economic development. This system is nevertheless durable and built for resilience.
Dr. Richard Connolly Dr. Richard Connolly is director of Eastern Advisory Group and an associate fellow at the Royal United Services Institute (RUSI) in London. He was previously director of the Centre for Russian, European and Eurasian Studies (CREES) at the University of Birmingham and an associate fellow on the Russia and Eurasia Program at Chatham House. He is a specialist on the Russian economy.
His research interests include economic policy, industrial development, and the development of the defence and energy industries in Russia, the impact of Western sanctions on the Russian economy, and Russia’s role in the global economy.