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Businessweek: Putin’s Economic Model Showing Strain as Russia Is Cut Off From Global Finance

Article published: Jun 27, 2014 – out of date: no longer suitable for your IB Economics commentary

IB Economics syllabus: Section 3, International economics

Russia is slowly “cut off from global finance.” Or is it? Well, Europe is careful with sanctions as it is tied to Russia with a million bonds, but indeed, there are quite a few signs  that the Russian economy is struggling (see another, more current article here). A good article if you are looking for protectionism, trade barriers, economic sanctions or monetary policy.

IB economics commentary article.

Source of photograph: Yuri Kadobnov/AFP via Getty Images

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