Thursday, September 22, 2011

Asia Times Online :: Russian heads for slowdown

Asia Times Online :: Russian heads for slowdown

Clipped from article:

That is the consensus of three authoritative public policy studies by different Moscow research centers, according to the Russia newspaper Nezavisimaya gazeta. Also, economic growth is not foreseeable, and a new crisis is increasingly likely.

According to the newspaper, political uncertainty over the presidential elections next year, in addition to a general mistrust of the investment climate, is responsible for a decline in


investment. The privatization plan announced with great fanfare in 2010 was expanded this year, but the full plan has still not been authorized and may undergo further modification before approval.

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