Déjà vu: economic determinants of Russia’s power in the historical perspective (1890–2020)

Orłowski, Witold M.

doi:1230-5057

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Déjà vu: economic determinants of Russia’s power in the historical perspective (1890–2020) Orłowski, Witold M.

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Déjà vu: economic determinants of Russia’s power in the historical perspective (1890–2020)

Studia z Dziejów Rosji i Europy Środkowo-Wschodniej, Vol. 56, No 3 (2021), Special Issue, Articles

Orłowski, Witold M.

Institute of History of the Polish Academy of Sciences

Instytut Historii im. Tadeusza Manteuffla Polskiej Akademii Nauk

Warszawa

2021

p. 141-159 ; Abstract in Polish and English.

Russia - economic conditions - history ; Russia - politics and governments ; development policy ; national power ; super-power status ; economic growth ; political economy ; economic crisis

What reasons stood behind the instability of the power position of Russia over the last 130 years? This analysis, covering three periods of time: 1890–1913, 1980–1991, and 2000–2020, reveals astonishing similarities of structural economic problems that led to severe economic and socio-political crises. Despite different causes, each time the crisis was triggered by insufficient savings compared to needs resulting from a program of economic modernisation and imperial policy, low competitiveness of industry, and dependence on export of raw materials. These vulnerabilities of Russia became especially apparent under extraordinary circumstances (wars, economic blockades, sanctions).

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