Forecast To Contract
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"Now the loans have dried up. The Russian economy is forecast to contract by 8.5 % this year, an especially dire performance by the standards of the so-called BRIC countries( the others are Brazil, China, and India). Russia still blames the global economic crisis for its misfortunes. A closer look at IKEA and Telenor, as well as many of Russia's own companies, suggest the truth is more complicated."
Source: The Economist July 4th 2009 pg. 63 Article "Courting Disaster" …
SWOT Analysis Survey
SWOT Weakness: Forecast To Contract
"Now the loans have dried up. The Russian economy is forecast to contract by 8.5 % this year, an especially dire performance by the standards of the so-called BRIC countries( the others are Brazil, China, and India). Russia still blames the global economic crisis for its misfortunes. A closer look at IKEA and Telenor, as well as many of Russia's own companies, suggest the truth is more complicated."
Source: The Economist July 4th 2009 pg. 63 Article "Courting Disaster"
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