Business Insider has prepared an article that presented the most "shocking" facts about the Russian economy. In general, they are Russians, of course, are known, but will not be superfluous to dwell on some of them in detail.
Americans emit Russian reserve funds in the amount of $ 460 billion, despite the fact that Russia's foreign debt is 29% of GDP. This factor will allow the country to survive the global financial crisis, despite remaining at a low level of economic growth. We can add that the international reserves of Bank of Russia exceed the gross external debt. The government and the regulator are oriented not only on the ability of the Ministry of Finance to pay the debts, this problem was solved in 2003, but the balance of payments, which directly determines the rate of the ruble.
Americans are seeing an increase in real private income. The study authors stressed that over the past three years the average wage in Russia increased by half. So, if in 2016 it is based on the US dollar was $ 437, then in 2019 the average salary of the Russians reached the mark of $ 670. We can add that extra revenues from exports of raw materials go into the currency salt away, and the Russians salary roughly equivalent to labor productivity.
Business Insider shocked that 13% of Russians live below the poverty line, while Moscow is headed by world ranking of cities with the highest number of inhabitants of billionaires, made his fortune in the dashing 90's. Here we have two disagree, 13% below the poverty line is characteristic of many economies, including quite wealthy countries. The oligarchs, heroes 90s, gradually fading. A list of the rich owners or former owners of new businesses -.. "NOVATEK", "Yandex", "Troika Dialog", "Finam" and so on Business Insider also notes that Russia has allocated about $ 50 billion to host the 2014 Winter Olympics .
The final part of the collection of the material authors have devoted the problem of alcoholism in Russia. Thus, the publication was shocked by the double-declining vodka consumption in the country over the past 20 years and the growth in popularity of champagne. By itself, we note that the consumption of alcohol per capita roughly corresponds to the average European level.
In Soviet history books were very fond of called tsarist Russia a strong capitalist country the second tier. So it was or not - it is difficult to say. However, the current bourgeois Russia fully corresponds to this definition. For our country is 1-2 in Europe, the sixth largest in the world economy. Bureaucratic capitalism. The main oligarch is to expand government, which controls an estimated 50% to 70% of the entire economy. The leaders of such giants as "Rosneft" and "Gazprom", are no less important than the federal ministers. In general it can be concluded that modern Russia has all the pros and cons of bourgeois society.
Alexander Razuvaev Alpari