The economy in Russia is no better than any other place. The unemployment rate in Russia is 8.9% That isn't to bad but the per capita income is only 15,200 while The USA's Per capita income is over 30,000 dollars! As you can see Russia doesn't compare well to the USA money wise.
In 2008, the falling oil prices and the global finacial crisis took a big hit at Russia's economy. The government responded with a US68 billion rescue package. Russia's economy still remains unstable for many other reasons, such as the ineficient distributive system, political uncertainties, poor infrastructure, high inflation, low tax-collection rates, low-quality production, organized crime, and corruption.
In 2008, the falling oil prices and the global finacial crisis took a big hit at Russia's economy. The government responded with a US68 billion rescue package. Russia's economy still remains unstable for many other reasons, such as the ineficient distributive system, political uncertainties, poor infrastructure, high inflation, low tax-collection rates, low-quality production, organized crime, and corruption.