It is now official – the Russian economy is in recession. Have Vladimir Putin and Dmitry Medvedev mishandled the crisis? Have they responded inadequately to the challenges facing the country? What could the Russian government have done differently? What impact will the deteriorating economic situation have on Russian politics? How will the crisis affect Russia’s foreign policy and its relations with major powers and neighbors? Will the West be able and willing to help Russia, or will Russia seek help from OPEC and China?
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