Article2011

On the Place of Russian Economy in the World (Basing on the New Data on International GDP Comparisons)

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

Abstract

The article considers comparisons of Russias 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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