Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/323945 
Year of Publication: 
2025
Series/Report no.: 
BOFIT Policy Brief No. 12/2025
Publisher: 
Bank of Finland, Bank of Finland Institute for Emerging Economies (BOFIT), Helsinki
Abstract: 
We extend our previous work on bank lending around elections in Russia's electoral autocracy (Fungáécová et al., 2023) by considering the most recent data on bank lending and 2024 presidential election. Unlike the elections held between 2004 and 2019, our findings show no systematic evidence of increased bank lending ahead the 2024 presidential election. This reduced political interference in pre-election lending since the invasion of Ukraine in 2022 may reflect a tendency towards traditional autocracy in Russia.
Subjects: 
bank
lending
politics
Russia
electoral autocracy
war
JEL: 
G21
P3
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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