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Russia's population will find its access to food diminished by deep depreciation of the ruble, unemployment, and inflation.
While economies all over the globe are facing tough times, Russia's symptoms appear to be particularly acute. The current financial crisis closed the Russian stock exchange on multiple occasions, and Russia's stock market plummeted to one-third of its value in June. The price of oil, Russia's prime export commodity and...
At a time when Russia is reasserting its influence abroad and undergoing a reemergence of regressive tendencies at home, Russian-born Leon Aron, author of the acclaimed biography Yeltsin: A Revolutionary Life, and one of America’s top Russia scholars and commentators, presents Russia's Revolution: Essays 1989-2006 (AEI Press, April...
Now that it seems a certainty that Russia is headed for (at least) 12 more years of Putinism, alarm bells ought to be sounding. Why? Because by every indicator--macroeconomic, political, social--the system that Putin forged in the early 2000s is all but exhausted and is driving the country toward a dead end.
2003 should have been a banner year for the Russian economy--GDP soared for the fourth consecutive year, while unemployment, poverty, and inflation fell. Real disposable income grew as well, and the Russian stock market scored among the best performing in the world. But Russia’s unprecedented boom has taken place...
Russia could soon face the same crises that Leonid Brezhenv's Soviet Union faced in the 1970s.
The Obama administration's inclinationto show good will toward Russia must be balanced against firm support for that country's return to political and economic liberalization.
China is looking for an extraterrestrial currency.



