[lbo-talk] Bearzilla! -- Putins Economy Eight Years On

Chris Doss lookoverhere1 at yahoo.com
Thu Aug 16 12:29:50 PDT 2007


--- Doug Henwood <dhenwood at panix.com> wrote:

Russia
> has low investment rates and doesn't manufacture all
> that much, does it?
>
> Doug

But, it does. I don't know how much exactly it is, but even leaving aside the obvious giant arms industry, aerospace, and Iranian nuclear power plant, Russia's domestic market of 145 million people is largely supplied by Russia. It also exports manufactured goods, primarily to the CIS countries and Asia. They are not driving Hondas in Uzbektistan, they are driving Ladas.

Here is the data from the State Statistics Committee: http://www.gks.ru/bgd/free/b00_25/IssWWW.exe/Stg/dvvp/i000650r.htm

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