Abstract: There are several estimates of the Russian economy's need for investments: $150 billion for the primary modernization of the key sectors of production-the petroleum industry ($50 billion); manufacturing ($50-60 billion); metallurgy ($20 billion); defense branches ($20-30 billion)- until the end of the current decade; $2,500 billion for the next fifteen-year period,1 and, finally, the more modest figures cited by E[vgenii] Iasin for the same period-$800-900 billion. As a result, Russia could restore its positions in the world economy on a new, more modern basis as a large industrial country with an average level of economic development and a satisfactory living standard. The very scale of the requisite capital expenditures attests to the need for an inflow of resources from the outside.
Publication Year: 1997
Publication Date: 1997-04-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 2
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