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Much needed investment in national infrastructure, including railways and waterways, which are much more important in transportation in Russia than in the US and Europe has been insignificant, leading to bottlenecks that hamper growth and development. Telecoms and electricity production and distribution also remain run-down and outdated from the post-Soviet collapse. As a result of this, Russia remains dependent on energy exports for income, with the domestic economy effectively held back by capacity restraints or neglected facilities, a fact which has left Russia vulnerable to a collapse in fuel prices, such as that experienced at the beginning the global financial crisis, when crude oil prices dropped from over $100 per barrel to less than $60. Currently, Russian development of railways and highways in terms of new/renewed miles of route lies at around 1/10 that of China, despite having a much larger landmass.
Much needed investment in national infrastructure, including railways and waterways, which are much more important in transportation in Russia than in the US and Europe has been insignificant, leading to bottlenecks that hamper growth and development. Telecoms and electricity production and distribution also remain run-down and outdated from the post-Soviet collapse. As a result of this, Russia remains dependent on energy exports for income, with the domestic economy effectively held back by capacity restraints or neglected facilities, a fact which has left Russia vulnerable to a collapse in fuel prices, such as that experienced at the beginning the global financial crisis, when crude oil prices dropped from over $100 per barrel to less than $60. Currently, Russian development of railways and highways in terms of new/renewed miles of route lies at around 1/10 that of China, despite having a much larger landmass.
In January 2026 Alexander Losev, a member of the Presidium of the Council on Foreign and Defense Policy, in an interview with ''Sputnik'' radio in [[Crimea]] said the [[monetary policy]] of the Central Bank of the Russian Federation has led to [[stagnation]], the growth rate of the Russian economy is lower than in Europe.
{{Cquote|The first half of the year will be very difficult - for business, for citizens, and for the economy as a whole. We are under pressure from external restrictions, and no one is going to lift the sanctions. The instability that [[Trump]] is creating could also affect Russia's [[trade]] with its partners. Many businesses will close, someone will go [[bankrupt]]...This will mean that the economic decline will be with us for the next 5 years, if we do not urgently do now what the [[Reagan administration]] once did after the [[Federal Reserve|US Central Bank]] crashed the [[American]] [[economy]] with the same harsh methods...Then they had to launch [[Reaganomics]]. Most likely, we will follow the same path. That is, emergency measures will be taken in order to resume [[economic growth]]. Moreover, the world is crumbling into some kind of [[chaos]]. There is no longer a [[New World Order|world order]].}}
==Foreign Relations==
==Foreign Relations==