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looking beyond borders

foreign policy and global economy

Russia’s Economic Stagnation

The Russian economy faces low growth at best and prolonged stagnation at worst. The outcome does not depend on oil prices and sanctions alone but also on more deeply rooted problems. Although some reckon that prolonged stagnation would bring Putin down, his repressive system shields him from economic mismanagement and from the costs of political adventurism, for which the Russian people are paying through lower living standards.

Read Here – National Review

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