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Re: Russian econ growth
By the way, I believe that this is the highest
sustained rate of growth that Russia has experienced
since the Stalin era.
>
> I read a little while ago that the Russian federal
> budget ?surplus? was $8.4 billion during this first
> half of 2004 high growth period. Budget surpluses
> and high growth do often go hand-in-hand. Is there
> the feeling in Russia that the federal tax system
> does
> weigh heavily on business?
>
> Also, are military equipment exports fueling some of
> this growth? (See article below)
>
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