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Economic 360 for Russia: Growth Prospects and Emerging Product Image

Economic 360 for Russia: Growth Prospects and Emerging

  • ID: 1505594
  • December 2010
  • Region: Russia
  • 101 Pages
  • Frost & Sullivan

Russia is commonly accepted as one of the most promising markets in eastern Europe and is expected to be one of the fastest growing among the BRIC (Brazil, Russia, India and China) countries. It is currently the eleventh-largest economy and the ninth most populous country in the world with increasing income and purchasing parity. To keep pace with such growth, the Government is focusing on modernizing the economy and consequently, rolling out many initiatives for the information and communications technology (ICT) industry. Some of these include the establishment of Electronic Russia (E-Russia), building technoparks (at least four, the first one in Skolkovo, near Moscow, is currently under construction), creating an information society and improving outdated ICT infrastructure. Despite having a solid scientific base, a significant number of scientists and researchers and high-quality tertiary education, Russia lags behind western Europe in technological development due to inadequate investments. The inflow of foreign direct investment (FDI) is improving. However, most of it is focused on the heavy manufacturing and extraction industries. The Government is expecting a more balanced funding READ MORE >

1 | ECONOMIC 360 FOR RUSSIA , ECONOMIC 360 FOR RUSSIA: GROWTH PROSPECTS AND EMERGING OPPORTUNITIES IN THE ICT INDUSTRY

- Economic 360 Perspective for Russia: Growth Prospects and Emerging Opportunities for the ICT Industry

- - 1. Economic 360 Perspective for Russia: Growth Prospects and Emerging Opportunities in the ICT Industry

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