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The policies that have kept Russia's economy afloat over the past two years merit close study by other commodity exporters.
Russia’s President Vladimir Putin – the people’s darling scoring more than 80 per cent approval – is heading a country staring at recession with little in the bank except the president’s rampant popularity ratings. And while the West has postured over the Crimea grab and Ukraine’s pro-Russian ‘army’, markets have been swift and unforgiving in meting out their own p...
Professor Stefan Hedlund
Vladimir Putin has repeatedly called on his ministers to introduce measures to counter Russia’s slowdown in economic growth, but with little effect. Oil is a key factor in the nation’s prosperity and prices have fallen significantly in 2013. Corruption means that major infrastructure projects are ineffective and many wealthy Russians believe their money is safer – ...