To absorb fossil fuel revenue, Russia has a National Welfare Fund whose rules were tightened in 2018. Rate of accumulation surged and in 2021 fx purchases accelerated.
documents1.worldbank.org/curated/en/099… https://t.co/6BdxJpJeAX
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…