Economy of Russia
Russia has undergone significant changes since the collapse of the Soviet Union, moving from a centrally-planned economy to market-based economy. The policy of privatization in the 1990s. The impact of the global financial crisis on the Russian economy.
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Sustained increase in the general price level of goods and services in an economy over a period of time. A loss of real value in the medium of exchange and unit of account within the economy. A quantity theory of inflation for money by Adam Smith.
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