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Reflections from our correspondents on the ground in the Russian capital.

MOSCOW BLOG: Russia is stuck in the middle income trap

December 21, 2017

Russia has fallen into the middle income trap and it is going to struggle to climb out again. One of the things that keep countries in this trap is that while life could be better, it’s actually not that bad.

MOSCOW BLOG: Jailing of Ulyukaev is a bad signal for real reform

December 18, 2017

The fate of the former economy minister suggests that whatever new economic model is attempted next year will be a fudge.

MOSCOW BLOG: OPEC hints at more production cuts as Russia deepens ties in Middle East

October 20, 2017

The success of the production deal in pushing up prices is partly due to Russia’s agreement to participate, while for Moscow it has brought potentially transformational political benefits in terms of influence in the region.

MOSCOW BLOG: Russia’s import substitution has not been a great success

October 13, 2017

The biggest winner was the agricultural sector, which was about to be opened to stiff competition from Europe following Russia’s accession to the WTO. But while pig farmers benefitted from the move, machinery imports from the west have increased.

MOSCOW BLOG: This is as good as it gets

October 11, 2017

This is as good as it gets. That was the conclusion of Fitch's Global Economic Outlook for September 2017, which revealed that the global economy is in a bit of a sweet spot amid strong bounce-back growth as the 2008 crisis fades at last.