| Publication |
2010.
|
| Summary/Abstract |
THE AIM OF THIS PAPER is to briefly present the economic performance of the Russian Federation before the 2008-2009 economic crisis (the "Great Recession"), and the reasons for the comparatively very significant way in which Russia was affected by this crisis.
2. Russia Before the Crisis
WE WILL START by making a description of Russia's pre-crisis growth performance. As pointed out throughout in Vinhas de Souza, 2008, any meaningful discussion of performance (economic or otherwise) must be made in relative terms, in which a given country is compared to relevant benchmarks. This will be done throughout this paper.
|