Ruchir Sharma is a highly respected EM voice both as an asset allocator and one who has written widely on EM economies and markets. 
This mornings WSJ piece on Russia echoes thoughts we have expressed on the Russian economy.
We are not of the view that current sanctions as we know them are not to be the undoing of the Russian economy. Putin and the boys have already taken are of that.
Read Ruchir’s insightful OpEd.