Publication

After the economic chaos of the Boris Yeltsin decade and the recovery and stabilization of the Vladimir Putin decade, Russia’s leaders have high ambitions for a return to great power status in the years ahead. Their aspirations are tempered, however, by the realities of Russia’s social, economic, and military shortcomings and vulnerabilities, laid painfully bare by the stress test of the recent global financial crisis. Looking ahead, some also calculate that Russia will be increasingly challenged in the Far East by a rising China and in the Middle East by an Iran that aspires to regional hegemony.