Russia 2023: Outlook & Scenarios

$ 975.00

Companies need to develop a consistent, realistic internal view of the Russian market’s risks and opportunities to plan effectively for the next five years. This report explains how.

Overview, Table of Contents & Sample Pages below


Russia will achieve only moderate, though consistent, economic growth over the next five years as the government avoids undertaking structural reforms that could drive stronger growth. Instead, public spending will rise minimally to boost the economy now that macroeconomic stability has been achieved.

Public and private demand will improve moderately in the coming years, though higher taxes will restrain a stronger pick-up while geopolitical tensions threaten a heightened risk of sanctions. Multinational companies need to develop a consistent, realistic internal view of the Russian market’s risks and opportunities to plan effectively for the next five years.

What you will learn

  • What does the trajectory of Russia’s business environment look like
  • Which scenarios should executives be monitoring for their Russia business
  • What are the key events that could disrupt Russia’s future outlook

What you will receive

  • Immediate access to the 47-page PDF report
  • Exclusive email updates covering emerging markets business topics
  • Special discounts on future report purchases

Table of Contents

  • Executive Summary3
  • Understanding Russia’s Trajectory4
  •   Russia Remains a Top EMEA Opportunity5
  •   Russia Should Remain in Global Portfolios6
  •   Political Environment Will Tighten Further7
  •   Foreign Relations Support Stability8-9
  •   Economic Stability Will be Maintained10
  •   Only Policy Changes Can Improve Growth11
  •   Economic Plan Focuses on Fiscal Spending12
  •   Economic Plan in Action13-14
  •   Key Actions to Take for the Long Term15
  • Demand Outlook16
  •   GDP will Grow Modestly Through 202317
  •   The Ruble Will Experience More Volatility18
  •   Consumer Demand Will Recover Slowl19-21
  •   Business Demand Will Plateau 22-23
  •   Public Demand Outlook Will Improve Mildly24
  • Operating Environment Outlook25
  •   The Operating Environment Will Likely Worsen26
  •   Rising Taxes Pose a Challenge27
  •   Policy Will not Encourage Investment28
  •   Geopolitical Tensions Will Impact Business29-30
  •   Banking Sector Improvements Ahead31
  •   Route to Market Will Continue to Evolve32-33
  • Russia 2023: Scenarios Overview34
  •   Russia 2018–2023 Scenarios35
  •   Russia 2018–2023: Scenarios Overview 36
  •   Base Case: Mild Growth, Mild Volatility37
  •   Upside: Cautious Recovery38
  •   Downside: Low Oil Prices, More Sanctions39
  • Key Events That Could Disrupt Russia’s Outlook40
  •   Key Events Could Disrupt Russia’s Outlook41
  •   Disruptor 1: China Loses Control42
  •   Disruptor 2: Oil Price Rebound 43
  •   Disruptor 3: Sustained Oil Price Drop44
  •   Disruptor 4: Palace Coup45
  •   Disruptor 5: Major Sanctions Implemented46
  • About Frontier Strategy Group47

Sample Pages

Frontier Strategy Group is a leading information and advisory services firm that works with over 200 multinational clients operating in emerging markets globally. Our analysts and commentary are regularly featured in outlets such as the Harvard Business Review, Financial Times, CNBC, Bloomberg and The Wall Street Journal.

Unlike most research providers, our reports and analysis focus on the issues that matter most for international business. Rather than  cover high-level macroeconomic analysis, our reports interpret how geopolitical and economic trends impact key business activities at a global, regional, national, and sub-national level.

Our unparalleled access to 5,000+ client executives leading businesses around the globe fuels our research agenda, surfacing hot topics and trend analysis that leads the curve, rather than follows it