Putin’s Economic Model

//Putin’s Economic Model

Putin’s Economic Model


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Article published: Jun 27, 2014 – out of date: no longer suitable for your IB Economics commentary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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By | 2017-08-23T11:04:25+00:00 August 31st, 2014|International Economics|Comments Off on Putin’s Economic Model

About the Author:

My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 8 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.

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