Why Russia is economically weak and politically strong

de Grauwe, P.ORCID logo (2018). Why Russia is economically weak and politically strong.
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In GDP terms, the Russian economy is much smaller than that of the EU, yet from a political and military perspective, Russia is a major player in global affairs. Paul De Grauwe argues that Europe grants Russia this power by leaving defence as a matter for each of its constituent nations, instead of having a combined army.

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