Will Russia let growth slip?

Headline: Will Russia let growth slip?Source: EuromoneyDate: January 2002Author: Ben Aris The economy is booming, but Russia’s stellar growth rates of the past three years are already starting to slow. The impact of the cheap rouble and high international oil prices are beginning to wear off. President Putin must embark on painstaking structural reforms or […]

Headline: Will Russia let growth slip?
Source: Euromoney
Date: January 2002
Author: Ben Aris

The economy is booming, but Russia’s stellar growth rates of the past three years are already starting to slow. The impact of the cheap rouble and high international oil prices are beginning to wear off. President Putin must embark on painstaking structural reforms or the boom could peter out. But that means taking on powerful entrenched interests.

       
Direct investors, such as Swedish furniture
chain IKEA, are introducing Russians to new
retail experiences

In the past few years Russia has been riding favourable global macroeconomic conditions.






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