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Transcript of RUSSIA
Leonardo Becerril Development in Russia Development Definition Background XXI Century Russia:
Vladimir Putin Economic Development XX1 Century Russia Conclusions Since the Vladimir Putin took power in the year 2000, the Russian Federation has implemented policies that have bettered the wellbeing of its population. Prospective Challenges Welfare Development Politics and Institutions Development is primarily economic advancement when translated to sustainable policies that strengthen the welfare and security of the population; where poverty, unemployment and inequality are all decreasing in the whole of society.
Furthermore, the expansion of infrastructure projects promotes the enlargement of people’s choices. Life Expectantcy Russia GDP 1990-2012 The Putin era is catorized by nationalization of the oil industry and high economic growth indicators; an average of 7% since the 1998 financial crisis. (CIA Factbook) High global energy and commodity prices fueled much of this growth, but declining inflation, more stable fiscal balances, and an overall improved economic environment for investment and consumption also helped non-commodity industries to profit and grow. The creation of the Russian Stability Fund is a case in point in which oil revenue is being used productively. Thesis Statement Source: World Bank 2012 Source: World Bank 2012 Since the year 2000, economic growth has fostered State driven policies that have positively impacted human development and security within Russia; by 2025 there will be no oscillation when regarding the Russian Federation as a developed major economic and political power at a global scope. Soure: Federal State Statistics Service (Russia) 2013 Perestroika, 1986: Michael Gorbachov Russian Federation, 1991: Boris Yeltsin Demographics Short Term 2013-2015 Mid-term 2015-2020 Long Term 2020 + Sustainable economic growth 3.4% predicted
Boost Internal economy
Small enterprises and Technology
Population still decreasing Elections in Process
Ageing Population problem addressed
Migration flows Increase World oil dependency Decrease Political power Increase
Economic uncertainty Diversification and strengthening of its internal economy is key to Russia's mid to long term development. Focusing on the lower income sectors of the population has not only helped the country's development but also stabilized and empowered institutions lead by Vladimir Putin. Given a continued dependancy on fossil fuels, Russia's political power will continue increasing even more as world reserves exhaust. Source: US Energy Information Adminstration 2010 99.6% Literacy Rate. Total Population: (July 2012 est.) Crop Production Index Four major welfare programs:
Agriculture Poverty Gap at Rural Poverty Line Putin's popularity at
Major Political forces: Russian Federation United Russia, Communist Party, The Liberal Democratic Party of Russia and Just Russia
Minor urban demonstrations. Demographics
Dependency over oil
Corruption Elections in the US
Not secret, not direct and not universal. Gini Coefficiet Source: World Bank 2010 World Bank, 2012 Source: The Ice Brent Crude 2013 Rosstat, 2012 Relationship GDP per capita Source: World Bank 2012 142,517,670