Question

"What are the strongest and most stable areas of the Russian economy today, and from an investors point of view, which areas have the most potential for growth?" Use additional online resources, as needed, to develop your argument.

Consider some of the following economic sectors:

• Agriculture
• Oil
• Technology
• Natural Gas
• Energy Equipment
• Raw Manufacturing Materials

Answer 1

Russia has probably the biggest populace on the planet - around 150 million individuals - a large number of whom have been getting gradually wealthier for as far back as a decade and are spending an expanding measure of their pay on extravagance products, administrations, and occasions. 2010 for every capita GDP of around $16,000 places it in the higher scopes of upper center pay nations. As Russia makes critical steps to take advantage of its common asset pool and actualizes arrangements to decrease dissimilarity, per capita development is probably going to show improvement also. A GDP development rate averaging 7% between the emergencies of 1998 and 2008 made it a huge market, yet an enormous market that was developing quickly. While Russia has been the slouch of the purported BRIC economies (Brazil, Russia, India, and China), Russia has delighted in a lot of remote ventures.

Ample normal assets speak to Russia's greatest draw for financial specialists. Oil and gas have a significant impact on the Russian economy as far as a generation for inward purposes and fares. In 2010 the nation had almost 80 billion barrels of demonstrated oil holds and tops the world's rankings for flammable gas. Russia additionally has the presentation to the vitality business through various key joint endeavors all through Africa and other vitality creating countries in the arena of primary products from agriculture sector. Yet, oil and gas are by all account not the only characteristic assets that are ample in Russia. The mining and generation of valuable and non-valuable metals is a gigantic industry in the nation, with an extraordinary guarantee.

It is a very asset-rich nation, in hydrocarbons and minerals, yet in addition as far as human capital, ability and training, Russia's Soviet custom of instruction - great in math and the hard sciences, astounding in dialects - still delivers a lot of brainy specialists. Russia has a shocking 99% proficiency rate and roughly 50% of the nation's residents have a type of post optional education.