- 25 Aug 2018 01:10
#14942089
What a silly thing to say. Google balance of payments crisis or start with this.
Russia doesn't experience the same. It's a major oil/gas exporter. The ruble was affected by the oil price collapse back in 2014, but it wasn't nearly enough to develop into a BoP crisis.
Istanbuller wrote:Current account deficit is just a part of Turkey’s economy just like it is part of many other economies.
I don’t remember any economic crisis occured due to trade imbalances.
What a silly thing to say. Google balance of payments crisis or start with this.
Istanbuller wrote:No surprise that Russia experiences exactly the same.
Russia doesn't experience the same. It's a major oil/gas exporter. The ruble was affected by the oil price collapse back in 2014, but it wasn't nearly enough to develop into a BoP crisis.