Litwin
Diamond Member
THE HORDE SUCKS !
www.omfif.org
Official Russian GDP instead may be severely overestimated.
The robust growth reported by the 11th biggest economy in the world with the second largest army should have raised the eyebrows of economists – and I am not excluding myself here – a long time ago. After all, financing an army that is oversized with respect to the economy always represents a drag on other goals, such as infrastructure investment, innovation and social spending.
Potential overestimates of Russia’s economy were made easier to believe by the development of major cities and significant raw materials and energy exports. Barring Chechnya and maybe Crimea, Russia was not able to develop its federal provinces to a level even comparable with war-ravaged Georgian regions. The failure to boost the attractiveness of its model to those living in territories bordering Russia is a telling sign of underdevelopment, to say the least.
Russia’s economy may be much smaller than reported - OMFIF
Failure to attract allies showcases Russia’s underperforming economy
www.omfif.org
Official Russian GDP instead may be severely overestimated.
The robust growth reported by the 11th biggest economy in the world with the second largest army should have raised the eyebrows of economists – and I am not excluding myself here – a long time ago. After all, financing an army that is oversized with respect to the economy always represents a drag on other goals, such as infrastructure investment, innovation and social spending.
Potential overestimates of Russia’s economy were made easier to believe by the development of major cities and significant raw materials and energy exports. Barring Chechnya and maybe Crimea, Russia was not able to develop its federal provinces to a level even comparable with war-ravaged Georgian regions. The failure to boost the attractiveness of its model to those living in territories bordering Russia is a telling sign of underdevelopment, to say the least.
