Can Putin's economic policies revive the Russian economy? - ProProfs Discuss
Advertisement

Can Putin's economic policies revive the Russian economy?

Can Putin's economic policies revive the Russian economy?

Change Image    Delete

Asked by H.Donna, Last updated: Dec 05, 2024

+ Answer
Request
Question menu
Vote up Vote down

1 Answer

C. Reyes

C. Reyes

C. Reyes
C. Reyes

Answered May 15, 2018

Putin's leadership and economic policies have changed Russian economy from debt-ridden to bearable. There has been a substantial increase in salaries and improvement in the living standards of Russian people. Oil and gas export boosted Russian economy, By the year 2000, foreign investors returned back to Russia and its stock market increased by 91percent in 2001, a boost caused bt Oil money.

Putin's policies brought about transparency and strengthened the rule of law. Taxes and legal structures became friendlier and more companies started paying taxes and established themselves in Russia. This situation changed after the 2008 recession and the Russian economy took a significant hit to their stabilised economy. It didn't completely topple and has since steadily increased

upvote downvote
Reply 

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader

Email Sent
We have sent an email to your address "" with instructions to reset your password.