[lbo-talk] Russia's economy

tfast tfast at yorku.ca
Fri May 11 11:58:30 PDT 2007



> Outside natural resources and maybe basic metals, what companies has
> Russia created that counts for anything on a global scale?
>
> Doug

The arms industry still does pretty well. And quite soon it could be that a Russians owns a big stake in a Canadianized Chrysler.

More seriously the question of Russian economic development might be usefully posed in terms of whether or not Putin has in mind a staples based strategy fro economic development. The Canadian model would be more instructive than any of the Asian, SEA NICs.

Travis



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