Russian Investments Doing Well
The world is grappling with one of the worst economic situations it has faced in years which hurts stock market beginners. There are some people who believe that the current recession is worse than the Great Depression of the 1930's. While there is no concrete evidence to suggest that this is the case right now, it does not really matter. What is clear is that there are a lot of people who are struggling to make ends meet. It therefore comes as a surprise that the Russia economy is growing.
The year of 1989 marked the fall of the Berlin Wall and for many this was the first peak that they got inside of Russia. Up to then they were largely unaware of the country's history and culture and it seemed as if a whole new market had opened up.
The country of Russia was suddenly open for almost any one to see into and of course to contact and do business with. There was a great sense of hope that this would now mean almost endless opportunity for the country and this should have been the case. It did not happen in this way though and many blame this on the advice that was given to the country by economists from the west. They did not advocate a gradual approach such as that of China and this was proved wrong eventually.
While it is too late to change this now, it would seem that the Russian economy has bounced back and it is one of the few in the world at the moment that is actually growing. A lot of this is put down to the mineral wealth of the county and the fact that it is also focused on diversifying its economy.
The government wants to ensure that the success of the whole economy is not just bound to one economic activity. So they will work to ensure that the country of Russia can rely on activities such as services going forward. This is a strategy that many other countries have used successfully in the past.
If they continue to get this right, then it should come as little surprise that the Russia economy is growing even at a time like this. - 23208
The year of 1989 marked the fall of the Berlin Wall and for many this was the first peak that they got inside of Russia. Up to then they were largely unaware of the country's history and culture and it seemed as if a whole new market had opened up.
The country of Russia was suddenly open for almost any one to see into and of course to contact and do business with. There was a great sense of hope that this would now mean almost endless opportunity for the country and this should have been the case. It did not happen in this way though and many blame this on the advice that was given to the country by economists from the west. They did not advocate a gradual approach such as that of China and this was proved wrong eventually.
While it is too late to change this now, it would seem that the Russian economy has bounced back and it is one of the few in the world at the moment that is actually growing. A lot of this is put down to the mineral wealth of the county and the fact that it is also focused on diversifying its economy.
The government wants to ensure that the success of the whole economy is not just bound to one economic activity. So they will work to ensure that the country of Russia can rely on activities such as services going forward. This is a strategy that many other countries have used successfully in the past.
If they continue to get this right, then it should come as little surprise that the Russia economy is growing even at a time like this. - 23208
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posted by X - Men @ 6:58 AM
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