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Global Business

With ‘Zero Visibility’ into the Russian Economy, the IMF is Parroting Putin’s Line

Rather than admitting ignorance, write Yale’s Jeffrey Sonnenfeld, Stephen Roach, and Steven Tian, the IMF is accepting the Kremlin’s statistics—and fueling pessimism about the impact of sanctions.

Vladimir Putin visiting the Ustianskiy timber complex in Arkhangelsk, Russia, in February.