Growth without Sustainability

2. February 2009 - 0:00 | von Stefan Meister

DGAPanalyse 1, 2. Februar 2009, 16 S.

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The growth of the price of oil since 1999 was the prerequisite for the economic and political stabilization of Russia. As a result the international influence of Russia has increased. The enormous economic growth is the basis for a new selfconfidence among the Russian elite concerning foreign policy. During the last few years, Russia has serviced its foreign debts and built up a constantly growing stability fund.

 
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