Faculty News
In a co-authored op-ed, Professor Pankaj Ghemawat argues that Greece and Russia are not ideal economic partners
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Excerpt from The Globalist -- "Presumably, the reason for Greece to move closer to Russia would be to get access to loans. Despite being the smallest of the BRICs, the Russian state does have wealth due to its abundant natural resources (primarily oil and gas). However, while Mr. Putin might ordinarily love the idea of offering financing galore to fix Greece’s problems, Russia has troubles of its own. Its economy is generally expected to shrink at least 3% in 2015, on the back of falling oil prices and economic sanctions."
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