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There is no path out of economic oblivion for Russia as long as the allied countries remain unified in maintaining and increasing sanctions pressure against Russia, five Yale University scientists said in an August 2022 study.
In the study, titled “Business Retreats and Sanctions Are Crippling the Russian Economy” the experts said that Russia had lost companies representing about 40% of its GDP as a result of the business retreat.
This does not mean that business operations have been curtailed – many companies from this list of 1,000 have already divested or sold their Russian businesses to local Russian operators. But such steps do not guarantee the prosperity of companies. A striking example is the failure of the “Vkusno i tochka” (“Tasty, Period”) chain, an analogue of McDonald’s, the authors of the study said.
