"...
First, domestic stability. Not much is known about the inner workings of the Kremlin, but one thing is clear even to outsiders: The Kremlin is in the throes of a succession crisis.
...
Second, the economy. At the center of Russia's economic recovery is the flow of petrodollars. Oil, fuel and gas account for two-thirds of Russia's exports.
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But nearly a decade later, Russia is using its commodities-driven recovery to finance, well, its commodities sector. In 2006, fewer than one in five foreign direct-investment dollars went to manufacturing, and even those funds were spent largely on the relatively low-tech metallurgical industry and food processing, intended mainly for domestic consumption.
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"
:|
Monday, October 22, 2007
Vladimir forever! :|
By at 21:11
Section: Politics-GlobalWarming-ECT
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