Comparative advantage.
It may be reductive to describe Russia as a petrostate, but as far as its trade account is concerned it is certainly raw materials that dominate – oil, gas and other commodities.
documents1.worldbank.org/curated/en/099… https://t.co/Ems3D9QmiI
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…