The Outlook for Russia's Economy
10:30
wilsoncenter.org
The Outlook for Russia's Economy
The Russian economy is in crisis: in 2015 GDP declined 3.5 percent, inflation reached 12 percent, and real income has fallen for the first time in 15 years. The immediate cause of Russia’s economic turmoil is a steep decline in oil prices, and dysfunction in the government's management of the current downturn. However, Russia’s economic ...
Dec 9, 2015
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