Economics

The economy of Russia has overcome great changes during the history of the state. Initially it was centrally planned. It means the government during the Soviet period of time directed it but after the split of the Soviet Union the changes made in the economy of Russia let it develop as a free market economy. However several branches are still partially subordinated to the governmental directions but this is inevitable step on the way to market economy. - [Read more]

Agriculture in Russia has experienced a difficult period of time over the last 10 years. The situation happened after the collapse of the USSR in agriculture as well as other industry branches was quite hopeless. However the times are changing and today agriculture in Russia is almost independent branch that can function on its own without any kind of maintenance and investments. - [Read more]

The evolution of the banking on Russia began in the year 1991. Since then the banking in Russia has gone through a long history and now it plays quite important role in the financial sector of the state. The participants of the branch have evidenced bankruptcies and defaults and still managed to survive in such difficult period of time. Thus all of them now work for the Russia to be wealthy nation. - [Read more]

The economy of Russia has overcome great changes during the history of the state. Initially it was centrally planned. It means the government during the Soviet period of time directed it but after the split of the Soviet Union the changes made in the economy of Russia let it develop as a free market economy. However several branches are still partially subordinated to the governmental directions but this is inevitable step on the way to market economy. - [Read more]