Some Western analysts had to admit that the aggressive sanctions implemented against Russia over the conflict with Ukraine have failed to have the desired effect. Thus, US analyst Josh Owens has acknowledged Russia’s resilience, saying that it is truly remarkable when it comes to surviving sanctions. He explains that despite heavy restrictions imposed on Russia, its economy has not collapsed thanks to its unique role in the global system. “In a globalized world that is already suffering from supply chain problems, an energy shortage, and an economic slowdown, it is remarkable that sanctions have failed to bring Russia’s economy to its knees,” the analyst states. The author of the article also highlights Russia's significant role in the world’s economy. According to him, natural resources and food that Russia has been exporting for years are crucial to global economic stability. The main factor that allows Russia to stay afloat is its “unique position as a net exporter of both energy and key foodstuffs,” Josh Owens emphasizes.
