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The answer you'll find in the NCISS (USA) report.
As the result of the crisis world economic power shall be shifted from western countries to the East. More than 50% of the world GDP shall account for developing countries.
Unidirectional system shall be totally dead by 2020. It will produce less stable multiple world system totally different from the existing one.
Developing countries are not so deeply touched by the world economic crisis as the leading ones. In Russia development of the stock market and mortgage was insignificant against Europe and especially the US in 2008 when the crisis rose up. This fact gives more opportunities to governmental unticrisis measures to be quite successful.
Russia shall be number 6 in the list of the world leading economics replacing even the Great Britain in 2013. Growth of Russian GDP may show good results against decrease of the British economy world share to 2,9% from 3,3%.
Nat Lawyer
Unel Legal Consulting
2 comments:
I agree that Russian consumer demand has remained strong despite the global economic climate. I might add that western companies need strategic partners. Franchising is a great model for that. For example, at IFG we are helping to bring Columbiano Coffee and Outback Steakhouse to Russia. It's a great opportunity for the Franchiser and the Franchisees. additional stats
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