The Economic Information Resource in Russia |
Unlike many other countries, Russia does not provide a comprehensive экономический информационный ресурс on its own. However, since the fall of the Soviet Union, the country has seen a number of reforms designed to improve its economic performance. These include the privatization of state-owned enterprises and foreign investment. As a result, Russia's nominal dollar GDP has grown by a factor of six. However, this growth may be limited by corruption and other policy constraints. In the meantime, Russia is gaining ground in world rankings for agricultural producers.
Russia has a wealth of natural resources and markets. Some of the biggest coal fields are located in the Tunguska and Lena basins in Eastern Siberia. It also contains large deposits of oil and metals. The country's largest trade partners include the United States and Ukraine. Other important trade partners are Belarus and Germany.
The country's monetary system is controlled by the Russian Central Bank. It attempts to stabilize the ruble through foreign exchange. A number of foreign banks operate in Russia. Many were state-owned during the Soviet era. These banks offered little financing for small businesses. A large number of banks went bankrupt during the economic crisis of the late 1990s. The ruble was effectively devalued, making Russian goods more competitive on the international market.
The Soviet era currency system had a rigid regime. It was based on artificial exchange rates. This caused a massive escalation in inflation. As a result, the real incomes of many citizens plummeted. It also led to the growth of capital flight. This crisis forced the government to make changes. It injected $200 billion into the economy. The government also cracked down on tax evasion.
The Russian government began implementing a number of radical reforms after the collapse of the Soviet Union. The monetary system was reformed and privatization of state-owned enterprises began. However, the process was slow. There was a lack of communication. Only those inside the government machine were aware of what was happening. This resulted in a lack of independent evaluations and predictions. The lack of information could be harmful to the Russian economy.
The Russian government also introduced a range of measures to improve the country's energy infrastructure. It constructed several pipelines to reduce dependence on traditional resources. It also built new chemical plants in the Volga and Ural zones. This was a big step in the country's industrial development.
Russia's primary exports include petroleum, metals, and chemicals. The country's largest trade partners are the United States, Ukraine, and Germany. It also has strong trade relations with Japan and China. Some of the country's major foreign visitors are seasonal workers from former Soviet republics. The government's economic stimulus package and land sales for industrial real estate in 2001 helped improve the economy.
However, the Russian government has not yet fully implemented full private ownership of land. Its constitution provides for this. It has also increased the level of secrecy regarding economic statistics. This is likely to degrade the quality of economic analysis and public debate. The government has also concealed statistics on imports, which could be dangerous for manufacturers.
Метки: экономический информационный ресурс |
Страницы: [1] Календарь |