{"id":641,"date":"2024-10-24T03:22:28","date_gmt":"2024-10-24T03:22:28","guid":{"rendered":"https:\/\/phongtraoduytan.com\/?p=641"},"modified":"2024-10-24T03:22:28","modified_gmt":"2024-10-24T03:22:28","slug":"giai-ma-nen-kinh-te-chien-tranh-cua-nga","status":"publish","type":"post","link":"https:\/\/diendanduytan.com\/?p=641","title":{"rendered":"Gi\u1ea3i m\u00e3 n\u1ec1n kinh t\u1ebf chi\u1ebfn tranh c\u1ee7a Nga"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/phongtraoduytan.com\/wp-content\/uploads\/2024\/10\/Russia-war-1024x512.jpg\" alt=\"\" class=\"wp-image-642\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>T\u00e1c gi\u1ea3: Konstantin Sonin<\/p>\n\n\n\n<p><em>M\u1eb7c d\u00f9 n\u1ec1n kinh t\u1ebf c\u1ee7a Nga c\u00f3 v\u1ebb ki\u00ean c\u01b0\u1eddng, nh\u01b0ng cu\u1ed9c chi\u1ebfn to\u00e0n di\u1ec7n c\u1ee7a Vladimir Putin ch\u1ed1ng l\u1ea1i Ukraine \u0111ang ph\u1ea3i tr\u1ea3 gi\u00e1 \u0111\u1eaft v\u1ec1 m\u1eb7t kinh t\u1ebf. N\u00f3 kh\u00f4ng ch\u1ec9 bu\u1ed9c ng\u01b0\u1eddi d\u00e2n Nga hi\u1ec7n t\u1ea1i ph\u1ea3i s\u1ed1ng trong \u0111i\u1ec1u ki\u1ec7n t\u1ed3i t\u1ec7 h\u01a1n so v\u1edbi nh\u1eefng g\u00ec h\u1ecd c\u00f3 th\u1ec3 c\u00f3, m\u00e0 c\u00f2n \u0111\u1ea9y c\u00e1c th\u1ebf h\u1ec7 t\u01b0\u01a1ng lai v\u00e0o t\u00ecnh c\u1ea3nh t\u01b0\u01a1ng t\u1ef1.<\/em><\/p>\n\n\n\n<p>CHICAGO \u2013 Hai n\u0103m r\u01b0\u1ee1i sau khi T\u1ed5ng th\u1ed1ng Nga Vladimir Putin ra l\u1ec7nh ti\u1ebfn h\u00e0nh cu\u1ed9c x\u00e2m l\u01b0\u1ee3c to\u00e0n di\u1ec7n v\u00e0o Ukraine, n\u1ec1n kinh t\u1ebf Nga d\u01b0\u1eddng nh\u01b0 l\u00e0 m\u1ed9t c\u00e2u \u0111\u1ed1 b\u1ecb bao ph\u1ee7 trong nh\u1eefng b\u00ed \u1ea9n v\u1edbi c\u00e1c quan \u0111i\u1ec3m tr\u00e1i ng\u01b0\u1ee3c. N\u1ebfu b\u1ea1n mu\u1ed1n l\u1eadp lu\u1eadn r\u1eb1ng n\u1ec1n kinh t\u1ebf \u0111\u00e3 b\u1ecb suy y\u1ebfu b\u1edfi c\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t c\u1ee7a ph\u01b0\u01a1ng T\u00e2y, b\u1edfi s\u1ef1 \u01b0u ti\u00ean chi ti\u00eau qu\u00e2n s\u1ef1 c\u1ee7a \u0110i\u1ec7n Kremlin tr\u00ean t\u1ea5t c\u1ea3 m\u1ecdi th\u1ee9 kh\u00e1c, v\u00e0 b\u1edfi c\u00e1c cu\u1ed9c t\u1ea5n c\u00f4ng th\u00e0nh c\u00f4ng b\u1eb1ng m\u00e1y bay kh\u00f4ng ng\u01b0\u1eddi l\u00e1i c\u1ee7a Ukraine v\u00e0o c\u00e1c nh\u00e0 m\u00e1y l\u1ecdc d\u1ea7u c\u1ee7a Nga, th\u00ec b\u1ea1n c\u00f3 th\u1ec3 t\u00ecm th\u1ea5y r\u1ea5t nhi\u1ec1u b\u1eb1ng ch\u1ee9ng \u0111\u1ec3 h\u1ed7 tr\u1ee3 quan \u0111i\u1ec3m c\u1ee7a m\u00ecnh. Nh\u01b0ng n\u1ebfu b\u1ea1n mu\u1ed1n nh\u1ea5n m\u1ea1nh s\u1ef1 ki\u00ean c\u01b0\u1eddng c\u1ee7a n\u1ec1n kinh t\u1ebf Nga b\u1eb1ng c\u00e1ch ch\u1ec9 ra kh\u1ea3 n\u0103ng th\u00edch \u1ee9ng c\u1ee7a c\u00e1c doanh nghi\u1ec7p trong n\u01b0\u1edbc ho\u1eb7c kh\u1ea3 n\u0103ng thay th\u1ebf h\u00e0ng nh\u1eadp kh\u1ea9u c\u1ee7a ng\u01b0\u1eddi ti\u00eau d\u00f9ng b\u1eb1ng c\u00e1c s\u1ea3n ph\u1ea9m n\u1ed9i \u0111\u1ecba t\u01b0\u01a1ng t\u1ef1, l\u1eadp lu\u1eadn c\u1ee7a b\u1ea1n c\u0169ng kh\u00f4ng d\u1ec5 b\u1ecb b\u00e1c b\u1ecf.<\/p>\n\n\n\n<p>Th\u1ef1c t\u1ebf, n\u1ec1n kinh t\u1ebf Nga \u0111ang g\u1eb7p kh\u00f3 kh\u0103n. C\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t \u0111\u00e3 th\u1ef1c s\u1ef1 g\u00e2y thi\u1ec7t h\u1ea1i v\u00e0 c\u00e1c cu\u1ed9c t\u1ea5n c\u00f4ng b\u1eb1ng m\u00e1y bay kh\u00f4ng ng\u01b0\u1eddi l\u00e1i c\u1ee7a Ukraine \u0111\u00e3 g\u00e2y ra s\u1ef1 gi\u00e1n \u0111o\u1ea1n \u0111\u00e1ng k\u1ec3. V\u1ec1 l\u00e2u d\u00e0i, n\u1ec1n kinh t\u1ebf \u0111ang t\u1ee5t l\u00f9i trong nhi\u1ec1u l\u0129nh v\u1ef1c, v\u00e0 vi\u1ec7c t\u0103ng chi ti\u00eau cho chi\u1ebfn tranh m\u1ed9t c\u00e1ch \u0111\u1ed9t ng\u1ed9t nh\u01b0 v\u1eeba \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 r\u00f5 r\u00e0ng l\u00e0 kh\u00f4ng b\u1ec1n v\u1eefng trong d\u00e0i h\u1ea1n. \u0110\u1ed3ng th\u1eddi, Nga c\u0169ng ch\u01b0a h\u1ec1 ti\u1ebfn g\u1ea7n \u0111\u1ebfn t\u00ecnh tr\u1ea1ng &#8220;s\u1ee5p \u0111\u1ed5&#8221; kinh t\u1ebf nh\u01b0 nhi\u1ec1u nh\u00e0 b\u00ecnh lu\u1eadn \u0111\u00e3 d\u1ef1 \u0111o\u00e1n v\u00e0 hy v\u1ecdng, v\u00e0 n\u1ebfu Putin ti\u1ebfp t\u1ee5c theo \u0111u\u1ed5i n\u1ed7 l\u1ef1c chi\u1ebfn tranh c\u1ee7a m\u00ecnh \u2014 nh\u01b0 c\u00f3 v\u1ebb s\u1ebd x\u1ea3y ra \u2014 th\u00ec kinh t\u1ebf c\u00f3 th\u1ec3 kh\u00f4ng ph\u1ea3i l\u00e0 v\u1ea5n \u0111\u1ec1 l\u1edbn nh\u1ea5t c\u1ee7a \u00f4ng \u1ea5y.<\/p>\n\n\n\n<p><strong>S\u1ef0 N\u0102NG \u0110\u1ed8NG KI\u1ec2U POTEMKIN&nbsp;<\/strong><\/p>\n\n\n\n<p>M\u1ed9t n\u1ec1n kinh t\u1ebf \u0111ang g\u1eb7p v\u1ea5n \u0111\u1ec1 nghi\u00eam tr\u1ecdng s\u1ebd c\u00f3 t\u1ef7 l\u1ec7 th\u1ea5t nghi\u1ec7p v\u00e0 l\u1ea1m ph\u00e1t cao. Tuy nhi\u00ean, x\u00e9t v\u1ec1 vi\u1ec7c l\u00e0m, n\u1ec1n kinh t\u1ebf Nga \u0111ang ho\u1ea1t \u0111\u1ed9ng t\u1ed1t, v\u1edbi m\u1ee9c \u0111\u1ed9 vi\u1ec7c l\u00e0m ch\u01b0a t\u1eebng th\u1ea5y k\u1ec3 t\u1eeb th\u1eddi Li\u00ean X\u00f4, khi vi\u1ec7c l\u00e0m l\u00e0 b\u1eaft bu\u1ed9c \u0111\u1ed1i v\u1edbi nh\u1eefng ng\u01b0\u1eddi tr\u01b0\u1edfng th\u00e0nh c\u00f3 kh\u1ea3 n\u0103ng lao \u0111\u1ed9ng. C\u00f3 hai l\u00fd do cho \u0111i\u1ec1u n\u00e0y: chi\u1ebfn tranh \u0111\u00e3 khi\u1ebfn h\u00e0ng tr\u0103m ng\u00e0n ng\u01b0\u1eddi lao \u0111\u1ed9ng ti\u1ec1m n\u0103ng thi\u1ec7t m\u1ea1ng ho\u1eb7c b\u1ecb th\u01b0\u01a1ng v\u00e0 kho\u1ea3ng m\u1ed9t tri\u1ec7u ng\u01b0\u1eddi n\u1eefa r\u1eddi b\u1ecf \u0111\u1ea5t n\u01b0\u1edbc; v\u00e0 ch\u00ednh ph\u1ee7 \u0111ang chi ti\u00eau nh\u1eefng kho\u1ea3n kh\u1ed5ng l\u1ed3 cho s\u1ea3n xu\u1ea5t qu\u00e2n s\u1ef1.<\/p>\n\n\n\n<p>V\u1ec1 ph\u1ea7n m\u00ecnh, Elvira Nabiullina, ng\u01b0\u1eddi \u0111\u1ee9ng \u0111\u1ea7u Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Nga, g\u1ea7n \u0111\u00e2y \u0111\u00e3 g\u1ecdi t\u00ecnh tr\u1ea1ng hi\u1ec7n t\u1ea1i l\u00e0 \u201cs\u1ef1 qu\u00e1 n\u00f3ng \u0111\u00e1ng k\u1ec3.\u201d Nh\u01b0ng c\u00e1ch s\u1eed d\u1ee5ng n\u00e0y r\u1ea5t phi truy\u1ec1n th\u1ed1ng. Trong nh\u1eefng ho\u00e0n c\u1ea3nh th\u00f4ng th\u01b0\u1eddng, \u201cqu\u00e1 n\u00f3ng\u201d s\u1ebd \u0111\u1ec1 c\u1eadp \u0111\u1ebfn t\u1ef7 l\u1ec7 vi\u1ec7c l\u00e0m cao m\u1ed9t c\u00e1ch kh\u00f4ng l\u00e0nh m\u1ea1nh do s\u1ef1 t\u0103ng tr\u01b0\u1edfng s\u1ea3n l\u01b0\u1ee3ng b\u1ea5t th\u01b0\u1eddng, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 ph\u1ea3n \u00e1nh bong b\u00f3ng th\u1ecb tr\u01b0\u1eddng ho\u1eb7c s\u1ef1 k\u00edch th\u00edch qu\u00e1 m\u1ee9c c\u1ee7a ch\u00ednh ph\u1ee7. Tuy nhi\u00ean, \u1edf Nga hi\u1ec7n nay, t\u1ed5n th\u1ea5t l\u1ef1c l\u01b0\u1ee3ng lao \u0111\u1ed9ng do chi\u1ebfn tranh v\u00e0 t\u00ecnh tr\u1ea1ng di c\u01b0 h\u00e0ng lo\u1ea1t cao h\u01a1n s\u1ed1 l\u01b0\u1ee3ng vi\u1ec7c l\u00e0m m\u1edbi, cho th\u1ea5y r\u1eb1ng l\u00fd do ch\u00ednh cho s\u1ef1 \u201cqu\u00e1 n\u00f3ng\u201d l\u00e0 s\u1ef1 gi\u1ea3m s\u00fat ngu\u1ed3n cung lao \u0111\u1ed9ng, thay v\u00ec l\u00e0 s\u1ef1 gia t\u0103ng nhu c\u1ea7u v\u1ec1 lao \u0111\u1ed9ng.<\/p>\n\n\n\n<p>\u0110\u00e2y c\u0169ng l\u00e0 l\u00fd do ch\u00ednh d\u1eabn \u0111\u1ebfn s\u1ef1 gia t\u0103ng nhanh ch\u00f3ng c\u1ee7a ti\u1ec1n l\u01b0\u01a1ng \u0111\u01b0\u1ee3c ghi nh\u1eadn trong n\u1eeda \u0111\u1ea7u n\u0103m, v\u1edbi m\u1ee9c l\u01b0\u01a1ng th\u1ef1c t\u1ebf t\u0103ng v\u1ecdt 8,1% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc v\u00e0o th\u00e1ng B\u1ea3y. D\u1eef li\u1ec7u v\u1ec1 th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng d\u01b0\u1eddng nh\u01b0 r\u1ea5t t\u1ed1t c\u1ee7a Nga, tr\u00ean th\u1ef1c t\u1ebf, l\u1ea1i l\u00e0 m\u1ed9t nguy\u00ean nh\u00e2n g\u00e2y lo ng\u1ea1i.<\/p>\n\n\n\n<p>Trong khi \u0111\u00f3, l\u1ea1m ph\u00e1t h\u00e0ng n\u0103m trong n\u0103m nay \u0111\u00e3 ti\u1ebfn g\u1ea7n \u0111\u1ebfn 10%, cao h\u01a1n so v\u1edbi b\u1ea5t k\u1ef3 n\u1ec1n kinh t\u1ebf ph\u00e1t tri\u1ec3n n\u00e0o, nh\u01b0ng kh\u00f4ng ph\u1ea3i l\u00e0 \u0111i\u1ec1u \u0111\u00e1ng ch\u00fa \u00fd. \u0110i\u1ec1u \u0111\u00e1ng ch\u00fa \u00fd l\u00e0 t\u1ef7 l\u1ec7 l\u00e3i su\u1ea5t ch\u1ee7 ch\u1ed1t c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng Nga g\u1ea7n \u0111\u00e2y \u0111\u00e3 t\u0103ng l\u00ean 19%.&nbsp;<\/p>\n\n\n\n<p>Hai con s\u1ed1 n\u00e0y cho th\u1ea5y b\u1ea5t k\u1ef3 ai vay ti\u1ec1n v\u1edbi l\u00e3i su\u1ea5t th\u1ecb tr\u01b0\u1eddng (th\u01b0\u1eddng cao h\u01a1n t\u1ef7 l\u1ec7 l\u00e3i su\u1ea5t ch\u00ednh s\u00e1ch c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng m\u1ed9t v\u00e0i \u0111i\u1ec3m) ph\u1ea3i c\u1ef1c k\u1ef3 l\u1ea1c quan v\u1ec1 bi\u00ean l\u1ee3i nhu\u1eadn d\u1ef1 ki\u1ebfn c\u1ee7a h\u1ecd, ho\u1eb7c k\u1ef3 v\u1ecdng r\u1eb1ng l\u1ea1m ph\u00e1t s\u1ebd t\u0103ng m\u1ea1nh trong nh\u1eefng th\u00e1ng t\u1edbi. Nh\u01b0ng ngay c\u1ea3 khi nh\u1eefng k\u1ef3 v\u1ecdng v\u1ec1 m\u1ee9c l\u1ea1m ph\u00e1t cao s\u1ebd k\u00e9o d\u00e0i v\u00e0 kh\u00f4ng cho ph\u00e9p ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t, \u0111\u00f3 m\u1edbi ch\u1ec9 l\u00e0 m\u1ed9t ph\u1ea7n c\u1ee7a c\u00e2u chuy\u1ec7n.<\/p>\n\n\n\n<p>M\u1ed9t l\u00fd do kh\u00e1c gi\u1ea3i th\u00edch cho s\u1ef1 kh\u00e1c bi\u1ec7t b\u1ea5t th\u01b0\u1eddng gi\u1eefa t\u1ef7 l\u1ec7 l\u00e3i su\u1ea5t ch\u00ednh s\u00e1ch v\u00e0 t\u1ef7 l\u1ec7 l\u1ea1m ph\u00e1t l\u00e0 kh\u1ed1i l\u01b0\u1ee3ng t\u00edn d\u1ee5ng tr\u1ee3 c\u1ea5p ng\u00e0y c\u00e0ng t\u0103ng m\u00e0 ch\u00ednh ph\u1ee7 \u0111ang s\u1eed d\u1ee5ng \u0111\u1ec3 h\u1ed7 tr\u1ee3 s\u1ea3n xu\u1ea5t qu\u00e2n s\u1ef1. Nh\u1eefng kho\u1ea3n tr\u1ee3 c\u1ea5p n\u00e0y th\u1ef1c ch\u1ea5t l\u00e0 s\u1ef1 chuy\u1ec3n giao t\u00e0i s\u1ea3n c\u1ee7a ng\u01b0\u1eddi n\u1ed9p thu\u1ebf cho c\u00e1c ch\u1ee7 s\u1edf h\u1eefu doanh nghi\u1ec7p c\u00f4ng nghi\u1ec7p qu\u1ed1c ph\u00f2ng \u2013 t\u1ee9c l\u00e0 cho c\u00e1c th\u00e2n t\u00edn c\u1ee7a Putin.<\/p>\n\n\n\n<p>Do \u0111\u00f3, l\u00e3i su\u1ea5t th\u1ecb tr\u01b0\u1eddng ng\u00e0y c\u00e0ng \u0111\u00f3ng vai tr\u00f2 \u00edt quan tr\u1ecdng trong c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh t\u1ebf, v\u00e0 \u0111i\u1ec1u n\u00e0y, c\u00f9ng v\u1edbi th\u1ecb tr\u01b0\u1eddng lao \u0111\u1ed9ng th\u1eaft ch\u1eb7t, \u0111ang h\u1ea1n ch\u1ebf kh\u1ea3 n\u0103ng c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng trong vi\u1ec7c ki\u1ec3m so\u00e1t s\u1ef1 gia t\u0103ng c\u1ee7a gi\u00e1 c\u1ea3 do c\u00e1c y\u1ebfu t\u1ed1 nh\u01b0 l\u1ec7nh tr\u1eebng ph\u1ea1t th\u01b0\u01a1ng m\u1ea1i ho\u1eb7c s\u1ef1 t\u0103ng gi\u00e1 d\u1ea7u th\u1ebf gi\u1edbi. Ngay c\u1ea3 khi l\u1ea1m ph\u00e1t ch\u01b0a qu\u00e1 cao, n\u00f3 hi\u1ec7n \u0111ang r\u1ea5t dai d\u1eb3ng.<\/p>\n\n\n\n<p><strong>GI\u1ea2I PH\u1eaaU S\u1ef0 KI\u00caN C\u01af\u1edcNG<\/strong><\/p>\n\n\n\n<p>Tuy nhi\u00ean, nh\u1eefng ng\u01b0\u1eddi hy v\u1ecdng r\u1eb1ng s\u1ef1 s\u1ee5p \u0111\u1ed5 c\u1ee7a n\u1ec1n kinh t\u1ebf Nga s\u1ebd ch\u1ea5m d\u1ee9t cu\u1ed9c chi\u1ebfn t\u1ed9i \u00e1c c\u1ee7a Putin \u0111\u00e3 li\u00ean t\u1ee5c \u0111\u00e1nh gi\u00e1 th\u1ea5p kh\u1ea3 n\u0103ng \u0111i\u1ec1u ch\u1ec9nh c\u1ee7a m\u1ed9t n\u1ec1n kinh t\u1ebf tr\u01b0\u1edbc nh\u1eefng ho\u00e0n c\u1ea3nh kh\u00f3 kh\u0103n. S\u1ea3n xu\u1ea5t c\u00f4ng nghi\u1ec7p c\u1ee7a Nga \u0111\u00e3 \u0111\u01b0\u1ee3c t\u0103ng c\u01b0\u1eddng \u0111\u00e1ng k\u1ec3 nh\u1edd chi ti\u00eau qu\u00e2n s\u1ef1 gia t\u0103ng, v\u1edbi s\u1ea3n l\u01b0\u1ee3ng trong c\u00e1c ng\u00e0nh li\u00ean quan \u0111\u1ebfn chi\u1ebfn tranh t\u0103ng kho\u1ea3ng 60% trong n\u1eeda \u0111\u1ea7u n\u0103m 2024 so v\u1edbi n\u1eeda cu\u1ed1i n\u0103m 2022.<\/p>\n\n\n\n<p>Nh\u01b0ng y\u1ebfu t\u1ed1 quan tr\u1ecdng \u0111\u1ed1i v\u1edbi ch\u00ednh ph\u1ee7 l\u00e0 s\u1ef1 s\u1eb5n l\u00f2ng c\u1ee7a c\u00f4ng ch\u00fang trong vi\u1ec7c ch\u1ea5p nh\u1eadn gi\u1ea3m chi ti\u00eau cho y t\u1ebf, gi\u00e1o d\u1ee5c v\u00e0 c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng d\u00e2n s\u1ef1. \u0110\u1ed1i v\u1edbi ng\u01b0\u1eddi ngh\u00e8o, t\u00e1c \u0111\u1ed9ng c\u1ee7a vi\u1ec7c gi\u1ea3m chi ti\u00eau c\u00f4ng \u0111\u00e3 \u0111\u01b0\u1ee3c h\u1ea1n ch\u1ebf nh\u1edd v\u00e0o vi\u1ec7c ch\u00ednh quy\u1ec1n gia t\u0103ng chi tr\u1ea3 cho c\u00e1c qu\u00e2n nh\u00e2n v\u00e0 gia \u0111\u00ecnh c\u1ee7a h\u1ecd. Theo m\u1ed9t s\u1ed1 \u01b0\u1edbc t\u00ednh, nh\u1eefng kho\u1ea3n chi tr\u1ea3 n\u00e0y \u0111\u00e3 v\u01b0\u1ee3t qu\u00e1 1,5% GDP c\u1ee7a Nga t\u1eeb th\u00e1ng 7 n\u0103m 2023 \u0111\u1ebfn th\u00e1ng 6 n\u0103m 2024 (chi\u1ebfm 7,5-8,2% t\u1ed5ng chi ti\u00eau), v\u1edbi ph\u1ea7n l\u1edbn l\u00e0 c\u00e1c kho\u1ea3n chi tr\u1ea3 cho c\u00e1c gia \u0111\u00ecnh c\u00f3 binh s\u1ef9 t\u1eed vong.<\/p>\n\n\n\n<p>S\u1ef1 s\u1eb5n l\u00f2ng c\u1ee7a ng\u01b0\u1eddi d\u00e2n Nga trong vi\u1ec7c hy sinh ph\u00fac l\u1ee3i v\u1eadt ch\u1ea5t c\u1ee7a ch\u00ednh h\u1ecd l\u00e0 \u0111i\u1ec1u \u0111\u1eb7c bi\u1ec7t quan tr\u1ecdng, b\u1edfi v\u00ec c\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t c\u1ee7a ph\u01b0\u01a1ng T\u00e2y v\u00e0 s\u1ef1 r\u00fat lui c\u1ee7a c\u00e1c doanh nghi\u1ec7p \u0111\u00e3 d\u1eabn \u0111\u1ebfn s\u1ef1 m\u1ea5t m\u00e1t nghi\u00eam tr\u1ecdng trong vi\u1ec7c ti\u1ebfp c\u1eadn c\u00e1c s\u1ea3n ph\u1ea9m nh\u1eadp kh\u1ea9u. M\u1ed9t s\u1ed1 h\u00e0ng h\u00f3a tr\u1edf n\u00ean kh\u00f4ng th\u1ec3 ti\u1ebfp c\u1eadn \u0111\u01b0\u1ee3c \u2014 xe h\u01a1i c\u1ee7a c\u00e1c th\u01b0\u01a1ng hi\u1ec7u l\u1edbn ph\u01b0\u01a1ng T\u00e2y nh\u01b0 Mercedes v\u00e0 Ford l\u00e0 m\u1ed9t v\u00ed d\u1ee5 \u0111i\u1ec3n h\u00ecnh \u2014 trong khi nh\u1eefng h\u00e0ng h\u00f3a kh\u00e1c, nh\u01b0 iPhone c\u1ee7a Apple, b\u1eaft \u0111\u1ea7u \u0111\u01b0\u1ee3c b\u00e1n v\u1edbi m\u1ee9c gi\u00e1 ch\u00eanh l\u1ec7ch cao h\u01a1n \u0111\u00e1ng k\u1ec3.<\/p>\n\n\n\n<p>Nhi\u1ec1u h\u00e0ng h\u00f3a tr\u01b0\u1edbc \u0111\u00e2y \u0111\u01b0\u1ee3c xu\u1ea5t kh\u1ea9u t\u1eeb ph\u01b0\u01a1ng T\u00e2y \u0111\u00e3 \u0111\u01b0\u1ee3c thay th\u1ebf b\u1eb1ng c\u00e1c s\u1ea3n ph\u1ea9m ch\u1ea5t l\u01b0\u1ee3ng th\u1ea5p h\u01a1n t\u1eeb c\u00e1c qu\u1ed1c gia kh\u00e1c, trong \u0111\u00f3 Trung Qu\u1ed1c l\u00e0 qu\u1ed1c gia h\u00e0ng \u0111\u1ea7u, v\u00e0 th\u00f4ng qua vi\u1ec7c thay th\u1ebf nh\u1eadp kh\u1ea9u, v\u00e0 \u0111i\u1ec1u n\u00e0y d\u1eabn \u0111\u1ebfn vi\u1ec7c ng\u01b0\u1eddi ti\u00eau d\u00f9ng ph\u1ea3i tr\u1ea3 gi\u00e1 cao h\u01a1n cho nh\u1eefng s\u1ea3n ph\u1ea9m n\u1ed9i \u0111\u1ecba k\u00e9m ch\u1ea5t l\u01b0\u1ee3ng h\u01a1n. N\u00f3i c\u00e1ch kh\u00e1c, ng\u01b0\u1eddi d\u00e2n Nga \u0111ang \u0111\u00f3ng g\u00f3p v\u1eadt ch\u1ea5t v\u00e0o vi\u1ec7c th\u1ef1c hi\u1ec7n cu\u1ed9c chi\u1ebfn c\u1ee7a Putin th\u00f4ng qua s\u1ef1 s\u1eb5n l\u00f2ng chi tr\u1ea3 nhi\u1ec1u h\u01a1n cho nh\u1eefng g\u00ec k\u00e9m h\u01a1n.<\/p>\n\n\n\n<p>\u0110i\u1ec1u quan tr\u1ecdng l\u00e0 s\u1ef1 suy gi\u1ea3m m\u1ee9c s\u1ed1ng n\u00e0y kh\u00f4ng \u0111\u01b0\u1ee3c ph\u1ea3n \u00e1nh trong con s\u1ed1 GDP t\u1ed5ng th\u1ec3, v\u00ec nh\u1eadp kh\u1ea9u kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t ph\u1ea7n c\u1ee7a GDP, trong khi s\u1ea3n xu\u1ea5t thay th\u1ebf nh\u1eadp kh\u1ea9u th\u00ec c\u00f3. Khi m\u1ed9t n\u1ec1n kinh t\u1ebf tr\u1ea3i qua s\u1ef1 t\u00e1ch r\u1eddi nhanh ch\u00f3ng kh\u1ecfi th\u01b0\u01a1ng m\u1ea1i qu\u1ed1c t\u1ebf, GDP s\u1ebd kh\u00f4ng ph\u1ea3n \u00e1nh \u0111\u1ea7y \u0111\u1ee7 nh\u1eefng g\u00ec ng\u01b0\u1eddi d\u00e2n \u0111ang tr\u1ea3i qua tr\u00ean th\u1ef1c t\u1ebf.<\/p>\n\n\n\n<p><strong>VAY M\u01af\u1ee2N T\u01af\u01a0NG LAI<\/strong><\/p>\n\n\n\n<p>C\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t th\u01b0\u01a1ng m\u1ea1i v\u00e0 t\u00e0i ch\u00ednh \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng sau cu\u1ed9c x\u00e2m l\u01b0\u1ee3c v\u00e0o th\u00e1ng 2 n\u0103m 2022, v\u00e0 \u0111\u00e3 t\u0103ng d\u1ea7n theo th\u1eddi gian, ch\u1eafc ch\u1eafn \u0111\u00e3 gi\u1ea3m kh\u1ea3 n\u0103ng c\u1ee7a \u0110i\u1ec7n Kremlin trong vi\u1ec7c ti\u1ebfn h\u00e0nh chi\u1ebfn tranh, c\u0169ng nh\u01b0 c\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t th\u1ee9 c\u1ea5p ng\u00e0y c\u00e0ng nghi\u00eam ng\u1eb7t \u0111\u1ed1i v\u1edbi c\u00e1c trung gian Trung Qu\u1ed1c, \u1ea4n \u0110\u1ed9, Th\u1ed5 Nh\u0129 K\u1ef3 v\u00e0 c\u00e1c n\u01b0\u1edbc kh\u00e1c. Nh\u1eefng bi\u1ec7n ph\u00e1p n\u00e0y l\u00e0m t\u0103ng gi\u00e1 c\u00e1c linh ki\u1ec7n c\u1ea7n thi\u1ebft ho\u1eb7c \u0111\u00f3ng vai tr\u00f2 nh\u01b0 m\u1ed9t lo\u1ea1i thu\u1ebf b\u1ed5 sung \u0111\u1ed1i v\u1edbi c\u00e1c giao d\u1ecbch t\u00e0i ch\u00ednh, t\u1eeb \u0111\u00f3 l\u00e0m gi\u1ea3m doanh thu c\u1ee7a ch\u00ednh ph\u1ee7.<\/p>\n\n\n\n<p>Nh\u01b0ng kh\u00f4ng c\u00f3 l\u1ec7nh tr\u1eebng ph\u1ea1t n\u00e0o trong s\u1ed1 n\u00e0y c\u00f3 th\u1ec3 bu\u1ed9c d\u00f2ng ch\u1ea3y h\u00e0ng h\u00f3a v\u00e0 ti\u1ec1n t\u1ec7 d\u1eebng l\u1ea1i ho\u00e0n to\u00e0n, do quy lu\u1eadt c\u1ee7a th\u1ecb tr\u01b0\u1eddng: khi m\u1ed9t giao d\u1ecbch tr\u1edf n\u00ean t\u1ed1n k\u00e9m h\u01a1n, bi\u00ean l\u1ee3i nhu\u1eadn tr\u00ean m\u1ed7i giao d\u1ecbch th\u00e0nh c\u00f4ng s\u1ebd t\u0103ng l\u00ean v\u00e0 n\u00f3 khuy\u1ebfn kh\u00edch c\u00e1c trung gian m\u1edbi t\u00ecm ra nh\u1eefng c\u00e1ch l\u00e1ch lu\u1eadt v\u00e0 k\u1ebd h\u1edf m\u1edbi. Vi\u1ec7c qu\u1ea3n l\u00fd nh\u1eefng giao d\u1ecbch n\u00e0y \u0111\u00e3 tr\u1edf th\u00e0nh m\u1ed9t ng\u00e0nh kinh doanh si\u00eau l\u1ee3i nhu\u1eadn cho c\u00e1c th\u00e2n t\u00edn c\u1ee7a Putin \u2013 g\u1ea7n nh\u01b0 sinh l\u1ee3i ngang v\u1edbi s\u1ea3n xu\u1ea5t qu\u00e2n s\u1ef1. Tuy nhi\u00ean, nh\u1eefng gi\u1ea3i ph\u00e1p n\u00e0y r\u1ea5t t\u1ed1n k\u00e9m v\u00e0 g\u00e1nh n\u1eb7ng n\u00e0y r\u1ed1t cu\u1ed9c l\u1ea1i r\u01a1i l\u00ean vai nh\u1eefng ng\u01b0\u1eddi d\u00e2n Nga. S\u1ef1 s\u1eb5n l\u00f2ng c\u1ee7a h\u1ecd trong vi\u1ec7c ch\u1ecbu \u0111\u1ef1ng g\u00e1nh n\u1eb7ng kinh t\u1ebf m\u1edbi l\u00e0 \u0111i\u1ec1u quan tr\u1ecdng nh\u1ea5t, v\u00e0 cho \u0111\u1ebfn nay, \u0111i\u1ec1u \u0111\u00f3 d\u01b0\u1eddng nh\u01b0 v\u1eabn ch\u01b0a \u0111\u1ea1t \u0111\u1ebfn gi\u1edbi h\u1ea1n c\u1ee7a n\u00f3.<\/p>\n\n\n\n<p>M\u1ed9t ngu\u1ed3n t\u00e0i ch\u00ednh kh\u00e1c cho chi\u1ebfn tranh ch\u00ednh l\u00e0 vi\u1ec7c vay m\u01b0\u1ee3n t\u1eeb t\u01b0\u01a1ng lai. Nh\u01b0ng \u0111i\u1ec1u n\u00e0y kh\u00f4ng \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n tr\u1ef1c ti\u1ebfp; th\u1ef1c t\u1ebf, ch\u00ednh ph\u1ee7 Nga kh\u00f4ng th\u1ec3 vay m\u01b0\u1ee3n tr\u00ean c\u00e1c th\u1ecb tr\u01b0\u1eddng t\u00edn d\u1ee5ng qu\u1ed1c t\u1ebf v\u00e0 g\u1eb7p kh\u00f3 kh\u0103n trong vi\u1ec7c vay trong n\u01b0\u1edbc, ngay c\u1ea3 v\u1edbi l\u00e3i su\u1ea5t cao. Thay v\u00e0o \u0111\u00f3, ngu\u1ed3n t\u00e0i ch\u00ednh n\u00e0y \u0111\u1ebfn t\u1eeb s\u1ef1 s\u1ee5t gi\u1ea3m m\u1ea1nh trong chi ti\u00eau c\u1ee7a ch\u00ednh ph\u1ee7 cho gi\u00e1o d\u1ee5c v\u00e0 y t\u1ebf trong c\u00e1c ng\u00e2n s\u00e1ch g\u1ea7n \u0111\u00e2y nh\u1ea5t. Quan tr\u1ecdng h\u01a1n n\u1eefa, vi\u1ec7c vay m\u01b0\u1ee3n t\u1eeb t\u01b0\u01a1ng lai c\u1ee7a Putin di\u1ec5n ra d\u01b0\u1edbi h\u00ecnh th\u1ee9c b\u00e3i b\u1ecf d\u1ea7n d\u1ea7n, nh\u01b0ng s\u00e2u r\u1ed9ng, c\u00e1c th\u1ec3 ch\u1ebf th\u1ecb tr\u01b0\u1eddng m\u00e0 ng\u01b0\u1eddi d\u00e2n Nga \u0111\u00e3 ph\u1ea3i tr\u1ea3 gi\u00e1 \u0111\u1eaft \u0111\u1ec3 c\u00f3 \u0111\u01b0\u1ee3c trong c\u00e1c cu\u1ed9c c\u1ea3i c\u00e1ch nh\u1eefng n\u0103m 1990. C\u00e1c th\u1ec3 ch\u1ebf n\u00e0y \u0111\u00e3 t\u1ea1o n\u1ec1n t\u1ea3ng cho s\u1ef1 t\u0103ng tr\u01b0\u1edfng ngo\u1ea1n m\u1ee5c v\u00e0o \u0111\u1ea7u nh\u1eefng n\u0103m 2000 v\u00e0 \u0111\u00e3 c\u1ee7ng c\u1ed1 s\u1ee9c b\u1ec1n c\u1ee7a n\u1ec1n kinh t\u1ebf Nga tr\u01b0\u1edbc c\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t c\u1ee7a ph\u01b0\u01a1ng T\u00e2y k\u1ec3 t\u1eeb n\u0103m 2014.<\/p>\n\n\n\n<p>Tuy nhi\u00ean, \u0111\u1ec3 ti\u1ebfn h\u00e0nh chi\u1ebfn tranh tr\u00ean quy m\u00f4 nh\u01b0 \u0111\u00e3 th\u1ea5y \u1edf Ukraine, ch\u1ebf \u0111\u1ed9 c\u1ee7a Putin c\u1ea7n ph\u1ea3i ki\u1ec3m so\u00e1t n\u1ec1n kinh t\u1ebf nhi\u1ec1u h\u01a1n so v\u1edbi nh\u1eefng g\u00ec m\u00e0 c\u00e1c th\u1ec3 ch\u1ebf n\u00e0y cho ph\u00e9p. Nh\u01b0ng \u0110i\u1ec7n Kremlin ph\u1ea3i th\u1eadn tr\u1ecdng \u0111\u1ec3 kh\u00f4ng l\u00e0m t\u1ed5n h\u1ea1i qu\u00e1 nhi\u1ec1u \u0111\u1ebfn c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh t\u1ebf. \u0110\u00f3 l\u00e0 l\u00fd do t\u1ea1i sao h\u1ecd ch\u01b0a ch\u00ednh th\u1ee9c \u00e1p \u0111\u1eb7t c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t gi\u00e1 c\u1ea3, m\u1eb7c d\u00f9 v\u1eabn bu\u1ed9c c\u00e1c c\u00f4ng ty kh\u00f4ng \u0111\u01b0\u1ee3c t\u0103ng gi\u00e1 qu\u00e1 nhanh ho\u1eb7c qu\u00e1 \u0111\u1ed9t ng\u1ed9t. \u0110\u1ec3 \u1ee9ng ph\u00f3 v\u1edbi gi\u00e1 n\u0103ng l\u01b0\u1ee3ng t\u0103ng cao, ch\u00ednh ph\u1ee7 \u0111\u00e3 \u0111\u01b0a ra c\u00e1c h\u1ea1n ch\u1ebf xu\u1ea5t kh\u1ea9u x\u0103ng v\u00e0 c\u00e1c s\u1ea3n ph\u1ea9m d\u1ea7u kh\u00e1c, t\u1eeb \u0111\u00f3 m\u1edf r\u1ed9ng nhu c\u1ea7u ki\u1ec3m so\u00e1t gi\u00e1 sang c\u00e1c th\u1ecb tr\u01b0\u1eddng kh\u00e1c.<\/p>\n\n\n\n<p>M\u1ed9t qu\u1ed1c gia gi\u00e0u d\u1ea7u m\u1ecf kh\u00e1c d\u01b0\u1edbi s\u1ef1 cai tr\u1ecb c\u1ee7a m\u1ed9t nh\u00e0 \u0111\u1ed9c t\u00e0i \u0111\u00e3 \u0111i theo con \u0111\u01b0\u1eddng t\u01b0\u01a1ng t\u1ef1 c\u00e1ch \u0111\u00e2y hai th\u1eadp k\u1ef7. D\u01b0\u1edbi th\u1eddi T\u1ed5ng th\u1ed1ng Hugo Ch\u00e1vez v\u00e0 ng\u01b0\u1eddi k\u1ebf nhi\u1ec7m Nicol\u00e1s Maduro, Venezuela \u0111\u00e3 \u00e1p d\u1ee5ng c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t gi\u00e1 m\u00e0 cu\u1ed1i c\u00f9ng d\u1eabn \u0111\u1ebfn m\u1ed9t th\u1ea3m h\u1ecda kinh t\u1ebf. T\u00ecnh tr\u1ea1ng s\u1ee5p \u0111\u1ed5 hi\u1ec7n t\u1ea1i c\u1ee7a n\u1ec1n kinh t\u1ebf Venezuela c\u00f3 l\u1ebd l\u00e0 m\u1ed9t trong nh\u1eefng l\u00fd do khi\u1ebfn c\u00e1c nh\u00e0 kinh t\u1ebf c\u1ee7a ch\u00ednh ph\u1ee7 Nga \u0111\u00e3 \u00e2m th\u1ea7m ch\u1ed1ng l\u1ea1i n\u1ed7 l\u1ef1c ki\u1ec3m so\u00e1t ch\u1eb7t ch\u1ebd h\u01a1n c\u1ee7a Putin.<\/p>\n\n\n\n<p>V\u00e0o th\u00e1ng 7 n\u0103m 2023, Putin \u0111\u00e3 ra l\u1ec7nh qu\u1ed1c h\u1eefu h\u00f3a t\u00e0i s\u1ea3n c\u1ee7a hai th\u01b0\u01a1ng hi\u1ec7u ph\u01b0\u01a1ng T\u00e2y l\u1edbn l\u00e0 nh\u00e0 s\u1ea3n xu\u1ea5t s\u1eefa chua Danone v\u00e0 h\u00e3ng bia Carlsberg, trong khi Heineken \u0111\u00e3 b\u00e1n ho\u1ea1t \u0111\u1ed9ng c\u1ee7a m\u00ecnh cho m\u1ed9t c\u00f4ng ty \u0111\u1ecba ph\u01b0\u01a1ng v\u1edbi gi\u00e1 m\u1ed9t euro. Nh\u01b0 v\u1edbi c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t gi\u00e1 c\u1ea3, ch\u00ednh ph\u1ee7 \u0111\u00e3 ti\u1ebfn h\u00e0nh c\u1ea9n tr\u1ecdng trong t\u1eebng tr\u01b0\u1eddng h\u1ee3p. Ban \u0111\u1ea7u, lu\u1eadt cho ph\u00e9p qu\u1ed1c h\u1eefu h\u00f3a \u0111\u01b0\u1ee3c th\u00f4ng qua \u0111\u1ec3 ng\u0103n c\u1ea3n c\u00e1c c\u00f4ng ty \u0111\u00f3ng c\u1eeda ho\u1ea1t \u0111\u1ed9ng sau cu\u1ed9c x\u00e2m l\u01b0\u1ee3c n\u0103m 2022. N\u1ebfu m\u1ed9t c\u00f4ng ty ph\u01b0\u01a1ng T\u00e2y mu\u1ed1n r\u00fat kh\u1ecfi th\u1ecb tr\u01b0\u1eddng Nga, h\u1ecd c\u00f3 th\u1ec3 b\u00e1n t\u00e0i s\u1ea3n v\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a m\u00ecnh, m\u1eb7c d\u00f9 ph\u1ea3i ch\u1ecbu kho\u1ea3n l\u1ed7 l\u1edbn so v\u1edbi gi\u00e1 th\u1ecb tr\u01b0\u1eddng tr\u01b0\u1edbc chi\u1ebfn tranh v\u00e0 ph\u1ea3i ch\u1ecbu m\u1ed9t kho\u1ea3n thu\u1ebf b\u1ed5 sung c\u1eaft c\u1ed5.<\/p>\n\n\n\n<p>Tuy nhi\u00ean, tr\u01b0\u1edbc khi lu\u1eadt qu\u1ed1c h\u1eefu h\u00f3a \u0111\u01b0\u1ee3c ban h\u00e0nh, kh\u00f4ng c\u00f3 g\u00ec ng\u0103n c\u1ea3n m\u1ed9t c\u00f4ng ty t\u01b0 nh\u00e2n \u0111\u00f3ng c\u1eeda ho\u1ea1t \u0111\u1ed9ng kinh doanh t\u1ea1i Nga thay v\u00ec b\u00e1n n\u00f3. Tuy nhi\u00ean, ngay c\u1ea3 sau khi lu\u1eadt \u0111\u01b0\u1ee3c th\u00f4ng qua, vi\u1ec7c qu\u1ed1c h\u1eefu h\u00f3a c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a Danone v\u00e0 Carlsberg t\u1ea1i Nga v\u1eabn g\u00e2y b\u1ea5t ng\u1edd, b\u1edfi v\u00ec c\u1ea3 hai c\u00f4ng ty \u0111\u1ec1u kh\u00f4ng \u0111\u00f3ng c\u1eeda ho\u1ea1t \u0111\u1ed9ng; thay v\u00e0o \u0111\u00f3, h\u1ecd \u0111ang t\u00edch c\u1ef1c \u0111\u00e0m ph\u00e1n \u0111\u1ec3 b\u00e1n l\u1ea1i. C\u00f3 th\u1ec3 cho r\u1eb1ng, c\u00e1c v\u1ee5 tr\u01b0ng thu c\u00f3 m\u1ee5c ti\u00eau n\u00e0y l\u00e0 m\u1ed9t t\u00edn hi\u1ec7u g\u1eedi \u0111\u1ebfn c\u00e1c c\u00f4ng ty kh\u00e1c \u0111ang c\u00e2n nh\u1eafc r\u1eddi kh\u1ecfi Nga. V\u1edbi vi\u1ec7c gi\u00e1 b\u00e1n ti\u1ec1m n\u0103ng b\u1ecb gi\u1ea3m s\u00e2u h\u01a1n, h\u1ecd c\u00f3 \u0111\u1ed9ng c\u01a1 l\u1edbn h\u01a1n \u0111\u1ec3 \u1edf l\u1ea1i.<\/p>\n\n\n\n<p>Vi\u1ec7c cho ph\u00e9p ch\u00ednh ph\u1ee7 \u0111\u01b0\u1ee3c tr\u01b0ng thu doanh nghi\u1ec7p t\u00f9y \u00fd s\u1ebd gi\u00fap gi\u1ea3i quy\u1ebft m\u1ed9t v\u1ea5n \u0111\u1ec1 l\u1edbn trong th\u1eddi chi\u1ebfn b\u1eb1ng c\u00e1ch ng\u0103n ch\u1eb7n s\u1ef1 ra \u0111i c\u1ee7a c\u00e1c c\u00f4ng ty c\u00f3 gi\u00e1 tr\u1ecb. Tuy nhi\u00ean, \u0111i\u1ec1u n\u00e0y s\u1ebd ph\u1ea3i tr\u1ea3 gi\u00e1 b\u1eb1ng vi\u1ec7c g\u00e2y t\u1ed5n h\u1ea1i m\u1ed9t th\u1ec3 ch\u1ebf kinh t\u1ebf c\u1ed1t l\u00f5i, v\u00e0 nh\u01b0 c\u00e1c nh\u00e0 kinh t\u1ebf h\u1ecdc Daron Acemoglu v\u00e0 James A. Robinson gi\u1ea3i th\u00edch, cu\u1ed1i c\u00f9ng, s\u1ef1 x\u00f3i m\u00f2n th\u1ec3 ch\u1ebf nh\u01b0 v\u1eady l\u00e0 ch\u00eca kh\u00f3a d\u1eabn \u0111\u1ebfn c\u00e1c qu\u1ed1c gia th\u1ea5t b\u1ea1i. \u0110\u1ea7u t\u01b0 m\u1ea1nh v\u00e0o s\u1ea3n xu\u1ea5t qu\u00e2n s\u1ef1 v\u00e0 \u0111\u1ed3ng th\u1eddi g\u1ee1 b\u1ecf c\u00e1c th\u1ec3 ch\u1ebf th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 c\u1ee7ng c\u1ed1 s\u1ee9c m\u1ea1nh c\u1ee7a Putin trong ng\u1eafn h\u1ea1n, nh\u01b0ng \u0111i\u1ec1u n\u00e0y \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c \u0111\u1eb7t m\u1ed9t qu\u1ea3 bom h\u1eb9n gi\u1edd b\u00ean d\u01b0\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a n\u1ec1n kinh t\u1ebf v\u1ec1 l\u00e2u d\u00e0i.<\/p>\n\n\n\n<p>Kh\u00f4ng m\u1ed9t qu\u1ed1c gia n\u00e0o trong th\u1eddi hi\u1ec7n \u0111\u1ea1i c\u00f3 \u0111\u01b0\u1ee3c s\u1ef1 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf b\u1ec1n v\u1eefng m\u00e0 kh\u00f4ng tr\u1edf n\u00ean ng\u00e0y c\u00e0ng c\u1edfi m\u1edf h\u01a1n v\u1edbi th\u01b0\u01a1ng m\u1ea1i qu\u1ed1c t\u1ebf. B\u1ea5t c\u1ee9 khi n\u00e0o cu\u1ed9c chi\u1ebfn \u1edf Ukraine k\u1ebft th\u00fac v\u00e0 Nga quay tr\u1edf l\u1ea1i v\u1edbi th\u1ecb tr\u01b0\u1eddng th\u01b0\u01a1ng m\u1ea1i qu\u1ed1c t\u1ebf (ngo\u00e0i vi\u1ec7c b\u00e1n c\u00e1c nguy\u00ean li\u1ec7u th\u00f4), t\u1ea5t c\u1ea3 c\u00e1c v\u1ee5 qu\u1ed1c h\u1eefu h\u00f3a trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y s\u1ebd tr\u1edf l\u1ea1i \u00e1m \u1ea3nh qu\u1ed1c gia n\u00e0y. Cu\u1ed9c chi\u1ebfn c\u1ee7a Putin kh\u00f4ng ch\u1ec9 bu\u1ed9c ng\u01b0\u1eddi d\u00e2n Nga hi\u1ec7n t\u1ea1i ph\u1ea3i s\u1ed1ng m\u1ed9t cu\u1ed9c s\u1ed1ng t\u1ed3i t\u1ec7 h\u01a1n so v\u1edbi nh\u1eefng g\u00ec h\u1ecd c\u00f3 th\u1ec3 c\u00f3. N\u00f3 c\u00f2n \u0111\u1ecbnh \u0111o\u1ea1t s\u1ed1 ph\u1eadn c\u1ee7a c\u00e1c th\u1ebf h\u1ec7 t\u01b0\u01a1ng lai.<\/p>\n\n\n\n<p><em>\u2014<\/em><\/p>\n\n\n\n<p>Konstantin Sonin l\u00e0 gi\u00e1o s\u01b0 t\u1ea1i Tr\u01b0\u1eddng Ch\u00ednh s\u00e1ch C\u00f4ng Harris thu\u1ed9c \u0110\u1ea1i h\u1ecdc Chicago.<\/p>\n\n\n\n<p>Ngu\u1ed3n: Konstantin Sonin, \u201c<a href=\"https:\/\/www.project-syndicate.org\/onpoint\/russia-war-economy-short-term-strength-mortgaging-the-future-by-konstantin-sonin-2024-10\">Making Sense of Russia\u2019s War Economy<\/a>\u201d, <em>Project Syndicate<\/em>, 4\/10\/2024<\/p>\n\n\n\n<p>Bi\u00ean d\u1ecbch: Phong tr\u00e0o Duy T\u00e2n<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>M\u1eb7c d\u00f9 n\u1ec1n kinh t\u1ebf c\u1ee7a Nga c\u00f3 v\u1ebb ki\u00ean c\u01b0\u1eddng, nh\u01b0ng cu\u1ed9c chi\u1ebfn to\u00e0n di\u1ec7n c\u1ee7a Vladimir Putin ch\u1ed1ng l\u1ea1i Ukraine \u0111ang ph\u1ea3i tr\u1ea3 gi\u00e1 \u0111\u1eaft v\u1ec1 m\u1eb7t kinh t\u1ebf. N\u00f3 kh\u00f4ng ch\u1ec9 bu\u1ed9c ng\u01b0\u1eddi d\u00e2n Nga hi\u1ec7n t\u1ea1i ph\u1ea3i s\u1ed1ng trong \u0111i\u1ec1u ki\u1ec7n t\u1ed3i t\u1ec7 h\u01a1n so v\u1edbi nh\u1eefng g\u00ec h\u1ecd c\u00f3 th\u1ec3 c\u00f3, m\u00e0 c\u00f2n \u0111\u1ea9y c\u00e1c th\u1ebf h\u1ec7 t\u01b0\u01a1ng lai v\u00e0o t\u00ecnh c\u1ea3nh t\u01b0\u01a1ng t\u1ef1.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,3,7,26,15],"tags":[96],"class_list":["post-641","post","type-post","status-publish","format-standard","hentry","category-chau-au","category-chinh-tri","category-cuoc-chien-nga-ukraine","category-nga","category-the-gioi","tag-konstantin-sonin"],"_links":{"self":[{"href":"https:\/\/diendanduytan.com\/index.php?rest_route=\/wp\/v2\/posts\/641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diendanduytan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diendanduytan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diendanduytan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/diendanduytan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=641"}],"version-history":[{"count":0,"href":"https:\/\/diendanduytan.com\/index.php?rest_route=\/wp\/v2\/posts\/641\/revisions"}],"wp:attachment":[{"href":"https:\/\/diendanduytan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diendanduytan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diendanduytan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}