[lbo-talk] Russian Economic Boom Factoids

tfast tfast at yorku.ca
Fri Mar 30 11:47:57 PDT 2007


Those figures are listed in US dollars.


> 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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