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WU Russian Economy Discussion

 

Read the Country Focus section titled ‘Putin’s Russia’ in Chapter 2 of the text (pictures attached for this). Share your thoughts on these questions.

Please use 2-3 references.

  1. Why did the Russian economy perform well during the 2001-2013 period and why did it run into trouble in 2014?
  2. After the collapse of communism, many Western businesses started to invest in Russia. How do you think the current political and economic climate is impacting the profitability of those investments?
  3. Given what is happening in Russia today, what do you think will happen to foreign investment in Russia going forward?
  4. Is this a country where a Western enterprise would want to do business?