Article2011

On the Place of Russian Economy in the World

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Economic and Technological Developments in Russia Post-Communist Economic and Political Transition Russia and Soviet political economy

Abstract

(Basing on the New Data on International GDP Comparisons) The article considers comparisons of Russia’s GDP with other countries basing on the new data recently presented by OECD—Eurostat. The economic potential of Russia is analyzed in retrospect of 20 years with forecast for mid- and long-term. Special attention is paid to new conditions of economic growth that have formed after the global crisis. The necessity of transition of our country to a new model of socio-economic development in order to accelerate it is grounded.

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