Today, the most well-known Western publications speculated on in such difficult economic conditions Russia has managed not just to stay afloat, and even to adapt to the challenges?! The Financial Times in his article notes that the unstable situation in the international arena does not prevent Moscow to conduct effective defensive game on the economic front.
It is no secret that with the deliberate collapse of oil prices from the US, Russia began to experience serious economic difficulties and Western experts began to predict her protracted recession. Someone even had the audacity to talk about the impending default. But Moscow, thanks to sophisticated tactics, managed to avoid the far-fetched predictions and came out of the water, soaking only the feet. The consequences of the crisis could be catastrophic, but they managed to avoid.
The fact that three years ago the price of oil was around 110 dollars per barrel. While the development budget in 2013, which now was based on oil prices around 50 dollars. This price approximately corresponds to the current position in the market. The excess in the difference in the price of oil put into the Reserve Fund and national welfare Fund. In fact Russia was in a better position than its competitors.
The Financial Times highlights that, despite the crisis, over the 2014-2015 year Moscow managed to pay more than $ 250 billion of external debt. This has kept the unemployment rate at the same rate and achieved a significant reduction of annual inflation. Moreover, make an effort the Kremlin has restrained the outflow of capital abroad, that could not be even more economically developed countries.
Financial Times analysts also argue that if there is a weakening of sanctions on Russia, while Moscow in time to spend the required economic reforms, Russia in the near future will be able to emerge from the crisis and embark on the path of growth. Given the current situation in the country, it’s real.
Surprised by the fact that Financial Times are really interested in the Russian economy. Specializiruetsya this publication mainly on the analysis of the news from the world of Finance and business. If you already Western experts have sharply changed the rhetoric, the situation is really changing.
Despite the bleak forecasts of sceptics, Russia still managed to find the optimal approach to new challenges, wrapping challenges in their favor. Of course, there is still much to be done and the achieved result is impossible. Today, many domestic industries have an incentive to development, successfully exploring new markets, mainly in Asia. If our tactics are recognized even by enemies, so we are moving in the right direction.
Igor And
