At the heart of Russia’s malaise is the weakening of market forces and suppression of competition, which means there is no longer much of a market economy. The country’s exceptional growth between 1998 and 2008 was essentially imported: it was down to easy money, brought about by rising oil prices and cheap credit. Russia's only way out now is to restructure the economy in order to restore the role of markets http://econ.st/1J2TBJX
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