MAI ANALYSIS: BRIC COUNTRIES - RUSSIA PDF Print E-mail

Monday 23rd July 2012 - Russia is the ninth largest economy in world and the sixth largest in term of purchasing power parity (PPP). In late 2008 and early 2009, Russia experienced its first recession, however the economy has not been as seriously affected by the global financial crisis, as compared to the majority of the European countries. Upon recovery of the 2009 global economic downturn, the economy of Russia has since recovered due to its surging commodity prices and strong domestic demand.

 



 

 


 

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