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sd-10-EFTA01453231Dept. of Justice

EFTA Document EFTA01453231

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7 March 2014 Special Report: Russia: macro implications of increased geopolitical risk Second-round effects are skewed to the downside In this report we assess only the sensitivities associated with the direct effects of capital outflows on growth and the exchange rate, and do not take into account the effects of sanctions, changes in interest rates and other factors that may also have a significant effect on the macro outcomes this year. With respect to sanctions, we believe their overal

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Dept. of Justice
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sd-10-EFTA01453231
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