Growth without Sustainability

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

DGAPanalyse 1, 2. Februar 2009, 16 S.


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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