Sample Essay on:
Russia and It's Economy

Here is the synopsis of our sample research paper on Russia and It's Economy. Have the paper e-mailed to you 24/7/365.

Essay / Research Paper Abstract

7 pages. This is a thorough and detailed look at Russia's economy as well as their future economic outlook. This paper explains the internal economic factors such as Russia's economic growth, their inflation and fiscal situation. The external economic factors are discussed including the exports, trade balance, reserves and foreign debt. Bibliography lists 4 sources.

Page Count:

7 pages (~225 words per page)

File: D0_JGArssec.rtf

Buy This Term Paper »

 

Unformatted sample text from the term paper:

such as Russias economic growth, their inflation and fiscal situation. The external economic factors are discussed including the exports, trade balance, reserves and foreign debt. RUSSIA: INTERNAL ECONOMIC FACTORS Russias growth, according to one International Monetary Fund official would probably be "just over four percent" and the "surplus of current account balance must remain strong" (Tolkacheva 2002, PG). But given the current state of the economy most are pleased that Russia is holding in there so strongly. Russias main indicator of economic health, the GDP, rose by five percent last year. The official estimates are that it is "expected to expand within a 3.5-4.3 percent range this year depending on crude prices" (Tolkacheva 2002, PG). Russia is felt to be very much on the right economic track and most industry officials are pleasantly pleased at the upturn the Russian economy has taken, given that growth had slowed considerably. Many credit the upturn to high world prices for Russias commodity exports, especially oil. Gross domestic product "rose 9.0 percent in 2000 but the growth slowed in the last quarter of last year when oil prices fell" (Tolkacheva 2002, PG). Given a weaker price environment for crude oil would result in restricting the ruble real appreciation in order to assist economic competitiveness. According to industry analysts, the ruble firmed almost ten percent just last year in real terms as a high inflation rate outpaced its nominal devaluation. But over the past 2-3 months it has begun to slide at closer to the rate of inflation (Tolkacheva 2002). The good news is that while the International Monetary Fund has in the past helped Russia several times, Russia currently has no plans with the Fund because, they say, ...

Search and Find Your Term Paper On-Line

Can't locate a sample research paper?
Try searching again:

Can't find the perfect research paper? Order a Custom Written Term Paper Now