Vladimir Putin is set to be reelected to a new six-year term in Russia’s presidential elections on March 18. What will he do next? This next term as president is supposed to be Putin’s last, given constitutional term limits. Will he change the constitution, step down, or find some other means of retaining power? Even as Putin faces this political dilemma, he must also address Russia’s stagnant economy, still dependent on oil exports, still under harsh Western sanctions. Russia’s economy is growing slower than rivals such as the US or Europe, falling further behind the West in economic terms. Can the Kremlin fix its economy? Will Putin’s new term as president lead to policies that revitalize Russia, or is the country stuck with many more years of economic stagnation and political repression?
Sarah Wilson Sokhey is an Assistant Professor in the Department of Political Science at the University of Colorado, a Faculty Associate at the Institute of Behavioral Science at the University of Colorado, and an Associate Fellow at the International Center for the Study of Institutions and Development at the Higher School of Economics in Moscow, Russia.
Yuval Weber is the inaugural DMGS-Kennan Institute Fellow at the Daniel Morgan Graduate School. Previously he was an Assistant Professor at the Faculty of World Economy and International Affairs at the National Research University – Higher School of Economics (Moscow, Russia) and a Center Associate at the Davis Center for Russian and Eurasian Studies at Harvard University.