On the Place of Russian Economy in the World (Basing on the New Data on International GDP Comparisons)

Abstract

The article considers comparisons of Russias GDP with other countries basing on the new data recently presented by OECD-Eurostat. The economic potential of Russia is analyzed in retrospect of 20 years with forecast for mid- and long-term. Special attention is paid to new conditions of economic growth that have formed after the global crisis. The necessity of transition of our country to a new model of socio-economic development in order to accelerate it is grounded.