Is a social crisis really inevitable Like a former top Russian economist recently warned?

Filed by Elara Myst

 Andrew KorybkoAug 20, 2026 It’s dishonest to deny that Russia faces some socio-economic challenges, but there’s no credible reason to expect a social crisis in the coming future along the lines of the ones from 1917 and 1991.Andrey Klepach, the chief economist at Vnesheconombank (Russia’s state development bank), left his post over the weekend after the media firestorm over his critical remarks about the economy in late May during an event hosted by the Moscow Exchange...