Russian recovery?

Dennis Robert Redmond dredmond at efn.org
Thu Oct 4 15:58:01 PDT 2001


Hmm, Eurostat says that Russia, far from being a hopeless basket case, actually ran respectable trade surpluses with the EU during most of the 1990s:

http://europa.eu.int/comm/eurostat/Public/datashop/print-product/EN?catalogue=Eurostat&product=6-27092001-EN-AP-EN&mode=download

The report also says (1) Russian food imports declined drastically in 1998 and have stayed that way, suggesting the domestic food sector has regained market share, and (2) Russian exports of manufactured goods to the EU are rising fast (they're now 25% of exports). Chris Doss, does this check out?

-- Dennis



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