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RE: LeoThread 2025-01-05 02:39

in LeoFinance4 days ago

Part 6/8:

Delving deeper, Russia's economic problems may be more accurately labeled as stemming from a "Soviet disease." After the collapse of the Soviet Union, the country strategies did not evolve beyond heavy reliance on state-controlled industries, stifling innovation and healthier economic practices. An example lies in the fiscal strategies of China's post-communist economy, which fostered regional competition and innovation—a stark contrast to Russia's entrenched bureaucratic structures.

Overall, while Russia exhibits certain traits indicative of Dutch disease, its unique circumstances—primarily political corruption and a bureaucratically rigid economy—paint a more complex picture.

The Future: Risks and Potential