Capital outflow this year from Russia has been a good thing. Here’s why
This article was first published by RussiaFeed
No subject in my experience causes more misunderstanding in discussions of economies – and of the Russian economy in particular – than capital outflow.
There seems to be a well-nigh universal belief that capital inflow is a “good” and that capital outflow is “bad”, and when the subject is Russia this is taken to an extreme.