We have today published the study on Russian economy. Russian version due in a day or two. Awara Group study shows Russia’s economy resilient in the backdrop of sanctions Awara Group releases study: Putin 2000 – 2014, Midterm Interim Results: Diversification, Modernization and the Role of the State in Russia’s Economy – A Wittgensteinian Look at the Russian Economy A study released today by Awara Group, a Russia-based consulting firm, shows that Russia’s economy is not as dependent on oil and gas as it is commonly claimed. Having researched the development of key indicators of the economy from 2000 to 2013, the authors of the study want to debunk the media story that Russia’s governments under Putin have been supposedly exclusively relying on an economic model based on oil and gas rents while neglecting the need to modernize and diversify the economy. It turns out that quite the opposite is true. The crisis-torn economy battered by years of robber capitalism and anarchy of the 1990’s, which Putin inherited in 2000, has now reached sufficient maturity to justify a belief that Russia can make the industrial breakthrough that the President has announced. awarablogs/putin-midterm-interim-results/
Posted on: Tue, 09 Dec 2014 10:14:46 +0000
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