Invest in Russia

Investing in Russia Politics Potential of the country Russia with its population of approximately 143 meg inhabitants has a huge internal market. Furthermore, because of its immense natural resources, Russia is nonp beil of the largest players in global oil, gas and coal markets. After the move oer of the Soviet Union, the main part of the Unions cypher was assigned to Russia, hence it became one of the worlds leading in military forces. More importantly, through out the nineties Russian government initiated drastic political and financial changes, which launch the Russian stock exchange market and help privatizing legion(predicate) large state owned enterprises. Currently Russias political and stinting influence is exceedingly regarded not only in the surrounding regions, but also world wide. Main scotch indicators: Over the last decade Russia has experienced strong economic growth. The average nominal salary has reached $750 and the percentage of Russians living under(a) the poverty line has dropped from 40% in 1998 to 13.7%. Which is still significantly lower than in any developed Western economy. Furthermore, over the same period of time the government managed to reduce the unemployment position from 12.4% to 6%.

Nonetheless, currently the Russian economy lacks diversification and is highly dependent on the prices of natural resources. Any significant slump of oil or gas prices may lead to a sudden government budget deficit, which harms government spending and as a result decreases the GDP growth. Natural resources account for 80% of Russian exports. Nevertheless, the part of oil and gas as the in the total GDP is decreasing (from 5.7% in 2003 to 3.7% in 2011). Hence, the Russian economy is becoming more diversified. Finally, the financial prospects of the country are becoming more prosperous, e.g. the 3rd largest amount of foreign reserves in the world (after China and Saudi Arabia) belong to Russia and its gold (the rubble) is finally stable. On the other hand, for... If you want to get a full essay, order it on our website: Orderessay

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