2014 RUSSIA – WEST TENSION AND REVIEW OF RUSSIAN ECONOMIC CRISIS
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DOI:
https://doi.org/10.26450/jshsr.1721Keywords:
Oil Prices, Economic Growth, Interest, CurrencyAbstract
Russia is the second largest oil exporter country, as well as political and economic prejudices. In addition, the largest national
objective of Russia, as it is known, has been to descend into warm seas since the Tsarist regime. In the last month of 2013,
Russia has had to face a major economic crisis with the confusion of Ukraine and the accretion of Crimea from Ukraine to
Russia.
Capitalism is a system based on capital accumulation so congestion of the accumulation process leads to the economic crisis.
The reasons for the congestion of the accumulation process are varied. Some of these are internal, that is, they are based on the
problems of the country's economy, and some are external causes stemming from international relations. According to this,
while economic crises sometimes occur directly in the real sector, sometimes spreads from the financial sector to the whole
economy. It is a curiosity that crises support this kind of determination. In this study, the situation of the Russian Economy
originating from external causes has been examined recently.
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