1. Russian economy
The ill-equipped Russian economy was hit hard as it tried to cope with the global crisis of 1998. ... The main factors that contributed to the recovery after the 1998 crisis have been the competitive boost from the weak ruble and the trade surplus caused by the rise in world oil prices. ... These commodities being a major part of Russia's exports make the country susceptible to the fluctuations in world prices. ... The Russian stock market in 2001 did exceedingly well and achieved a growth rate only second highest to Argentina in the world. ... In view of the performance of the...
- Word Count: 1154
- Approx Pages: 5
- Grade Level: Undergraduate