[lbo-talk] Russian Economic Boom Factoids

Chris Doss lookoverhere1 at yahoo.com
Fri Mar 30 10:20:43 PDT 2007


I agree. 6-7% is the usually cited figure. It'd be interesting to see how DB got their stats.

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


>
> On Mar 30, 2007, at 11:18 AM, Chris Doss wrote:
>
> > Per capita GDP in Russia (real inflation-adjusted)
> in:
> >
> > 1999 $1334
> > 2005 $5346
> > 2006 $6879
> > 2007 $8350 (projected)
> >
> > Source: Deutsche Bank
>
> That just doesn't sound plausible - it works out to
> a growth rate of
> 25% a year, more than twice as fast as China,
> something like three
> times India. The World Bank has Russian per capita
> GDP up about 7% a
> year (real, PPP) up an average of 7% a year from
> 1999-2005, which is
> a lot more plausible.
>
> Doug
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