Under Putin, Russia Becoming a Third World Country, Nationalists Say

File Photo of Vladimir Putin at Valdai Club 2013 Meeting, Adapted from Screenshot of Valdai Club Video at youtube.com

(Window on Eurasia – Paul Goble – Staunton, October 28, 2013)  Russian nationalists and others have regularly criticized Vladimir Putin for building an economy and hence a state that relies on the export of raw materials rather than the development of industry and investment in human capital. But now two of them have stepped up this attack and argued that […]

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Putin: productivity gains must accelerate to shift from raw materials

Oil Well file photo

(Interfax – MOSCOW, October 2, 2013) The current challenge for the Russian economy is the need to accelerate labor productivity gains, since the current slow pace means that the economic orientation on raw materials extraction will continue, President Vladimir Putin said in Moscow on Wednesday at the Russia Calling investment forum organized by VTB Capital. “For Russia, the main, crucial […]

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Russia to Stay Raw Materials Based to 2030 ­- Survey

Oil Well file photo

MOSCOW, November 20 (RIA Novosti) ­ Russia’s economy will remain primarily based on raw materials production until 2030, along with the remnants of high technologies like the nuclear and space industries inherited from the Soviet era, Rosiiskaya Gazeta reported on Tuesday, citing the latest forecast by Russian economists. The Global Strategic Survey 2030 was prepared by the Institute of World […]

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