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Economy Of Russia - Example Papers

Economy Of Russia


The phase in the business cycle that Russia is in is Prosperity.
Prosperity is the high point of the business cycle. The Gross Domestic
Product is 796 billion dollars. Russia is partners with Germany in
exporting and importing. The number of imports is 33 billion and the
number of exports are 66 billion. The National Budget is 56.6 billion
dollars. They have 1 radio per 2.9 people. They also have 1 Telephone per
5.9 people. Russia’s education is free and compulsory through ages 7 to
17. The unemployment rate is 8 percent. The inflation rate is 85 percent
and possibly more if monetary policy is relaxed. Russia was mostly an
agricultural country until the late 19th century, ...

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first atomic station was opened in 1954. By
the 1980’s about 40 nuclear reactors were operating in the Soviet Union.
In the late 1970’s the economic backwardness of the Soviet Union had
become so self evident that no amount of political propaganda could
obscure it. Western developed countries began to enter the Information
Age, introducing new communication technologies and electronic links
among institutions and individuals. The Soviet Union still relied on the
rigid planning and pervasive controls, leaving no room for initiative and
inventiveness. When Mikhail Gorbachev became head of the party in
1985, the huge country began to move. Gorbachev surrounded himself
with a number of reform-minded economists and soon formulated the
main pillars of economic restructuring called perestroika. The major goals
of perestrioka were to make Soviet enterprises more self-governing and to
give them more freedom, while at the same time, more responsibility ...

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PAPER DETAILS
Added: 12/13/2006 02:38:18 AM
Category: Miscellaneous
Type: Premium Paper
Words: 464
Pages: 2

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