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Oxford Analytica and Oxford Economic Forecasting propose to undertake a joint-study examining the political and economic outlook for Russia within a five-year time frame. The study will be undertaken on a multi-client basis. It will provide invaluable analysis for policy practitioners and business and industry executives tasked with making informed investment decisions.
Maintaining very high rates of economic growth will remain the government's core economic policy objective, as confirmed by the announcement in late July of a rolling programme for doubling Russia's GDP growth to over 7% per annum, moving the ten-year horizon forward now to 2014. If successful, rapidly rising GDP will have major effects across a range of sectors and on Russia’s foreign trade. However, given the persistence of both yawning wealth differentials and widespread poverty in Russia, which look certain to persist, Russian politics will remain vulnerable to populist pressures, certainly over the next 5-10 years. The need to manage such pressures continues to pose potential risks even as Putin seems very mindful of his image and thus eager to minimise the negative economic effects of political decisions. More generally, Putin’s push for more order through the centralisation of power looks certain to have repercussions on the economic climate..
The study is due to be completed at the end of October 2004. Proposal upon request.
Following a similar model, our recent study on China was well-received and highly successful.
"An excellent study, which provides a useful and balanced view of the opportunities and pitfalls faced by an organisation seeking to do business in China. It outlines the progress made so far in the political and economic arena, and clearly sets out the most probable paths of future development."
Donald Hepburn, Corporate Economist, Unilever
