Tag: GDP

Russian Economic Crisis Requires Political Solutions

September 25, 2013

The world is still in the process of recovering from the economic crisis of 2008. However, if one looks at various macro indicators, the external factors are creating an economic environment that should have set Russia up for strong growth. However, the Russian economy is actually shrinking, and a growing number of economists believe that […]

Russia: The Economy of Carelessness

August 1, 2013

Russia economy is stagnating, but the Russian government is using various statistical tricks to make things look better than they are. In this editorial in Gazeta, written by Alexei Mikhailov, he explains that one of the few pro-active steps Putin is taking, using National Wealth Fund to invest in large projects, has questionable merit. It’s […]