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Summary

Details

Caselist.CitesClass[7]
Cites
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1 -====Nuclear energy is the lynchpin of Russia's economy.====
2 -**Frolov 14** ~~Andrei Frolov, PhD degrees in physics from Alberta University, June 26, 2014, "Nuclear energy is still important for Russia", http://in.rbth.com/opinion/2014/06/26/nuclear_energy_is_still_important_for_russia_36237.html~~//hchs-TF 8/15/16
3 -The third reason for developing its nuclear resources is the growing prospects for the export
4 -AND
5 -latest technologies in the sector keeps thousands of highly qualified Russian scientists employed.
6 -
7 -====Brink now—flips try or die.====
8 -**Aleksashenko 8/11 **~~Sergey Aleksashenko is nonresident senior fellow in Global Economy and Development. Former deputy chairman of the Central Bank of Russia and former chairman of Merrill Lynch Russia, he focuses on transition process in CIS and Eastern Europe, monetary policy and international financial infrastructure, "Storm Clouds Ahead: Putin Lacks Strategy to Save Russia's Economy,"
9 -https://themoscowtimes.com/articles/storm-clouds-ahead-putin-lacks-strategy-to-save-russias-economy-54956~~//hchs-TF 8/15/16
10 -This economic dialogue will continue for a long time, but the main conclusion we can make is already visible. The Russian economy continues to shrink, while the rest of the world economy continues to grow. In other words, you cannot blame external factors for everything. Oil prices started to decline two years ago and since December 2015, i.e. more than year and a half, they have remained within the $35-$50 corridor. The Russian economy has adjusted to this fact — oil production is growing. After a 50 percent fall, import has stabilized and started to recover.
11 -The budget, however, has not adjusted to the new level of oil prices. Buoyed by oil and gas revenues, the state budget inflated expenditures on wages, pensions and social transfers (now 56 percent of the federal budget.) It boosted military spending to 25 percent of overall federal budget spending.
12 -In an attempt to keep the deficit within limits, the government froze wages and pensions, and is cutting investment and current expenditure. Unable to borrow sufficient funds in the financial markets, and unwilling to embrace privatization, the government is now heavily reliant on its "reserve fund," which may be depleted as soon as the first half of next year.
13 -Under current conditions, the main reserve fund will disappear in a couple of quarters. Russia has a second emergency fund, which will allow the deficit to be financed for another a 1-1.5 years, that is, providing budget expenditures are stable. No reform program currently implemented is likely to boost economic growth to 4-5 percent next year. That means the federal budget will be short of funds in the next 2.5-3 years at the very least.
14 -The promotion of Alexei Kudrin to the Presidential Economic council a while ago boosted hopes for new reforms. But these hopes were soon undermined by the fact that Kudrin himself ruled out reform before 2018, and that Putin then asked for competing plans from other factions within government, including from the nationalist economist Sergei Glazyev. Such bureaucratic competition reduces the possibilities for a comprehensive plan.
15 -Each group will now report directly to Putin with minimal interaction and cooperation between them. Putin himself is likely disinclined to make any decision on economic policy before his reelection in March 2018. No changes should be expected while many efforts will be dedicated to tighten the system before then.
16 -Today, Russia faces two well-known impediments to economic development. The first one is its awful investment climate that prevents business from expanding. The second is Western sanctions that isolate the Russian economy from global cooperation and reduces its competitiveness. Both problems are not in themselves aspects of economic policy, but if they are not resolved no economic policy can ever provide needed results. Kudrin and the liberals know this rather well and try to place those ideas gently into their statements. All of them are afraid to do it openly since Putin is not yet ready to compromise and will not allow economic reform undermine positions at home and abroad.
17 -We already know the pre-condition for sanctions to be removed, i.e. that the Minsk 2 eastern Ukraine peace agreement should be implemented, which means Russian soldiers and volunteers as well as Russian weapons should leave Ukrainian territory, and Ukraine should obtain full control over its borders. There may not be a plan for global war with Ukraine or Crimea/Abkhazia-type annexation of the Donbass, but Putin is not ready to give up the Donbass in this way. Instead Putin hopes to use the slow progress of Ukraine in reforms and Europe's fatigue of uncertainty to remove sanctions.
18 -Such hopes are not entirely quixotic. Putin is extremely good at tactical moves, but fails in strategy. His favorite sport is judo. Here, all you need is a general vision in mind — victory — but you can hardly build any strategy, and instead you hope tactical decisions will lead you to your goal. Putin's lack of strategy has meant it is impossible to predict moves and actions. The continuing economic slide will force Putin to dedicate more time and efforts to the economy in the coming years. At the same time, we can expect his decisions to be chaotic and will hardly allow the economy to recover.
19 -
20 -====Russian economic decline triggers nuclear war.====
21 -**Filger 9** ~~Sheldon Filger, Author and founder of www.GlobalEconomicCrisis.com, June 10, 2009,"Russian Economy Faces Disastrous Free Fall Contraction", http://www.huffingtonpost.com/sheldon-filger/russian-economy-faces-dis_b_201147.html~~//hchs-TF 8/15/16
22 -In Russia, historically, economic health and political stability are intertwined to a degree that is rarely encountered in other major industrialized economies. It was the economic stagnation of the former Soviet Union that led to its political downfall. Similarly, Medvedev and Putin, both intimately acquainted with their nation's history, are unquestionably alarmed at the prospect that Russia's economic crisis will endanger the nation's political stability, achieved at great cost after years of chaos following the demise of the Soviet Union. Already, strikes and protests are occurring among rank and file workers facing unemployment or non-payment of their salaries. Recent polling demonstrates that the once supreme popularity ratings of Putin and Medvedev are eroding rapidly. Beyond the political elites are the financial oligarchs, who have been forced to deleverage, even unloading their yachts and executive jets in a desperate attempt to raise cash. Should the Russian economy deteriorate to the point where economic collapse is not out of the question, the impact will go far beyond the obvious accelerant such an outcome would be for the Global Economic Crisis. There is a geopolitical dimension that is even more relevant then the economic context. Despite its economic vulnerabilities and perceived decline from superpower status, Russia remains one of only two nations on earth with a nuclear arsenal of sufficient scope and capability to destroy the world as we know it. For that reason, it is not only President Medvedev and Prime Minister Putin who will be lying awake at nights over the prospect that a national economic crisis can transform itself into a virulent and destabilizing social and political upheaval. It just may be possible that U.S. President Barack Obama's national security team has already briefed him about the consequences of a major economic meltdown in Russia for the peace of the world. After all, the most recent national intelligence estimates put out by the U.S. intelligence community have already concluded that the Global Economic Crisis represents the greatest national security threat to the United States, due to its facilitating political instability in the world.
EntryDate
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1 -2016-10-02 21:56:53.0
Judge
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1 -Lawrence Zhao
Opponent
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1 -Northland Christian MP
ParentRound
... ... @@ -1,1 +1,0 @@
1 -12
Round
... ... @@ -1,1 +1,0 @@
1 -6
Team
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1 -Westwood Shhah Neg
Title
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1 -Sept Oct ~-~- DA ~-~- Russia Econ
Tournament
... ... @@ -1,1 +1,0 @@
1 -Grapevine

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