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Understanding The Putin Era with Natylie Baldwin

Marx Engels Institute

00:00

What Action Does Putin Take to Strengthen the Russian Economy?

Putin's policies helped bring in much needed revenues. He enacted a land code that allowed for the buying and selling up residential property. By two thousand three, with some of this extra revenue and the extra money coming in from high oil prices, they paid off all their debt to the i m f, i m f. And by two thousand six, all of their external debt got paid off.

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