Russian Economy General News: #4

Viktor wrote:Import substitution in electronics and machining


link

TR1 wrote:

flamming_python wrote:

TR1 wrote:Do I really need to keep repeating myself?

It is a huge part of the gov BUDGET.
That is why with the price of oil dropping the budget had huge holes that needed to be filled. The revenue from natural resource export is what the gov used to fund many of its lavish programs.

Thank you, I am well aware Russia has industry.

Now now TR1, you may well be aware that Russia has industry - but you are being dishonest.

Putin's government (and Medvedev's) has done much for the diversification of the Russian economy.

- The huge expansion of the automotive industry, including the cash for clunkers program, all the government efforts to encourage foreign automakers to increase the levels of localized parts and the establishment of incentives for doing so.
- The wood-processing industry and the government efforts in that regard, including slapping duties on exported raw timber; as a result many Finnish and Chinese wood-processing companies have invested in production facilities in Russia
- The constant high-level efforts at a government level to sell arms abroad; the defense industry feeds how many companies in Russia? Similarly, the government's modernization of the Russian military and the stricter standards towards Russian defense companies; this has contributed to the development of this economical sector too. Lately, defense enterprises have started to be merged into larger corprations by the state; time will tell how that will turn out but there are grounds for optimism.
- Ditto with nuclear power plant construction, and to a lesser extent hydroelectric power-plants; both of them are pushed at a state-to-state level by the Russian government, and many successes in securing contracts have been noted in recent years. Domestic investment into new power plants of all types is also tied in with government programs; many NPPs are being built around the country; thermal, hydro-electric, even solar power plants too.
- Government-led investment into Russian infastructure. New railroads, new ports, renovations and expansion of airports, construction and reconstruction of highways, bridges and ring-roads around the country and many of its major cities. The new space-port at Vostochny. Railroad construction is also being pushed being pushed as an export at the state level by the Russian government; several contracts have been secured.
- Government efforts at encouraging tourism, reforming Rosturizm, publiscing the country at exhibitions, the massive investments into Sochi and the focus on investment into sport infastructure for international events, the new F1 track, the large amount of visa-free regimes signed with countries world-wide and further government interest in this issue. All of this has been done through government money and programs.
- Investment into high-tech, the widespread campaign at encouraging investment into nano-technology; the setting up of the Rosnano investment conglomerate, the Skolkovo institute and other government and regional technoparks and business incubators for tech start-ups.
- The state investment into the Northern Sea Route, renewal of ports along its route and supporting infastructure, construction of a fleet of new icebreakers to keep the route open, investment into new miltiary garrisons along the Arctic, state-support at the highest levels, directed at encouraging other countries to start making use of it.
- Government reform of the higher-education system, the unification of various existing and newly built instututes and facilities into a series of federal universities, one for each district of the country. Setting up of the Skolkovo Management school too. Focus on establishing partnerships with foreign institutes.
- Government investment into farmers and agriculture, many supporting programs for purchasing farm equipment and land. The recent counter-sanctions have eliminated much of the competition for Russian farmers. The government has also established direct contacts with many of the large multinationals involved in investing in Russia food & beverage production; Coca Cola and so on; giving them support and whatever they need.
- Attempts to improve business conditions, Russia has been steadily climbing up the rankings in recent years. Loads of initiatives and support programs in regards to small and medium-sized businesses. Various beaurocratic reforms.

It's all I can think of now but there's plenty more than that.

Python, this post is absurdly rose tinted and gives credit to the gov where it deserves very little.

I am busy right now, but I will respond to specific points later tonight/tomorrow.

Austin wrote:Enter the Dragon and the Bear: US Faces Its Ultimate Nightmare – Eric Kraus

The expert elaborated that in 1945 the United States alone accounted for slightly more than 50 percent of global GDP.

Hannibal Barca wrote:But this is pretty much what happened.

kvs wrote:

Austin wrote:Enter the Dragon and the Bear: US Faces Its Ultimate Nightmare – Eric Kraus

The expert elaborated that in 1945 the United States alone accounted for slightly more than 50 percent of global GDP.

This is utter BS.  The US had a GDP much smaller than Russia 1905.   So in 40 years it grew to be half the GDP of the world?  This on top
of the Great Depression of the 1930s that saw US GDP fall by 25%.   Total, unmitigated nonsense of a claim.    It looks like some
clown discounted the USSR to zero since it was not a market economy and transferred the whole of the British Empire GDP to be
that of US domestic GDP.  

kvs wrote:http://www.paradoxian.org/hoi2wiki/index.php/GDP_statistics

Comparison of the 1990 US dollars GDP of select countries in 1938-1945:

                     1938 1939 1940 1941 1942 1943 1944 1945

United States 800 869 943 1094 1235 1399 1499 1474
United Kingdom 284 287 316 344 353 361 346 331
France        186 199 164 130 116 110 93 101
Italy                141 151 147 144 145 137 117 92
Soviet Union 359 366 417 359 274 305 362 343
Germany        351 384 387 412 417 426 437 310
Austria         24 27 27 29 27 28 29 12
Japan        169 184 192 196 197 194 189 144  

In 1945, the US was $1474 billion and the others were $1333 billion.   If the US was 50% of the world GDP then
the whole of the rest of the world was exactly $141 billion.  Ludicrous.  

kvs wrote:

The expert elaborated that in 1945 the United States alone accounted for slightly more than 50 percent of global GDP.

This is utter BS.  The US had a GDP much smaller than Russia 1905.   So in 40 years it grew to be half the GDP of the world?  This on top
of the Great Depression of the 1930s that saw US GDP fall by 25%.   Total, unmitigated nonsense of a claim.    It looks like some
clown discounted the USSR to zero since it was not a market economy and transferred the whole of the British Empire GDP to be
that of US domestic GDP.  

max steel wrote:" US economy grew MASSIVELY during WW2. That's the American way. They're expectional. "


All other industrial nations were destroyed in ww2 and america was left only remaining industralized nation . What so exceptional about it ? Duh .

collegeboy16 wrote:

kvs wrote:

The expert elaborated that in 1945 the United States alone accounted for slightly more than 50 percent of global GDP.

This is utter BS.  The US had a GDP much smaller than Russia 1905.   So in 40 years it grew to be half the GDP of the world?  This on top
of the Great Depression of the 1930s that saw US GDP fall by 25%.   Total, unmitigated nonsense of a claim.    It looks like some
clown discounted the USSR to zero since it was not a market economy and transferred the whole of the British Empire GDP to be
that of US domestic GDP.  

carnegie, rockefeller, morgan and ford dont ring any bells?
Russian Empire is very much agricultural economy back in 1905 and America is probably most industrialized country by that time thanks to these people so yeah even then its GDP is bigger.

In 1900 Russia mined 10,4 million tons of oil, 12,0 million tons of coal, 5,5 million tons of iron ore, produced 2,5 million tons of cast iron, 2,3 million tons of steel, 1,9 million tons of rolled metal, 8200 tons of copper, 38,8 tons of gold and 5,1 tons of platinum, 1100 steam locomotives and 33300 cars, 21,5 million tons of grain, 1,2 million tons of sugar. Based on these and other 27 indices Russia stayed among three of the most industrial countries in the world. By the total technical and economic development Russia was placed in the fifth place in the world, by the volume of national wealth – 60,3 billion gold rubles – it was also in the fifth place.

max steel wrote:Kimpis did you vote today ?

kvs wrote:Since you never heard of Russian industrialists, then they must not have existed.   What you are repeating is the mythology the US propaganda
machine has pulled over the world during the cold war.   That America was always number one.  Utter BS.

http://www.rus-stat.ru/eng/index.php?vid=1&year=2002&id=9

In 1900 Russia mined 10,4 million tons of oil, 12,0 million tons of coal, 5,5 million tons of iron ore, produced 2,5 million tons of cast iron, 2,3 million tons of steel, 1,9 million tons of rolled metal, 8200 tons of copper, 38,8 tons of gold and 5,1 tons of platinum, 1100 steam locomotives and 33300 cars, 21,5 million tons of grain, 1,2 million tons of sugar. Based on these and other 27 indices Russia stayed among three of the most industrial countries in the world. By the total technical and economic development Russia was placed in the fifth place in the world, by the volume of national wealth – 60,3 billion gold rubles – it was also in the fifth place.

Russian GDP growth hit 10% per year around 1909.  I tried to find a good reference but I get junk that is not credible, which is most
of what Google searches dig up.