Pestle Summary Russia

Pestle summary Russia

For each of the 8 countries we're covering, we'll start off with topline statistics as sort of a summary, or more of a launching pad for further exploration. We'll start with Russia, partly because this may be the last 5-year period that it is included in the top 10 international powers. Out of all the 8 countries I will look at individually, Russia faces the most daunting challenges. They have faced worse--I would hate to be a centenarian from Russia--but I doubt if they have the resources or leadership to avoid a sharp general decline over the next five years.

Most numbers here are from Wikipedia or the CIA World Factbook, with a little Nationmaster thrown in.

GDP: 8th in the world 2009, 1.75 trillion

Population: 9th in the world, 142 million

Military expenditures: 5th in the world, $50 billion

The Russian Federation just finished a spectacular decade, averaging 7% annual growth since 1998. But at the end of that spectacular decade, their average income is $640 per head, their life expectancy is 66, and they only average 14 years of schooling. They really needed to make better use of the Golden Decade.

Russia is extremely dependent on exporting natural resources, especially natural gas and oil. The price of those are falling. So is their population--it's declined 5% since 1993 and although it is slowing it shows no sign of reversing. Alcoholism, drug addiction and AIDS are taking a heavy toll on Russia. Inflation is high, at 12%, and unemployment looks to increase from its current 6%. They've already blown through a good chunk of the petro-dollars they had put aside, and the current economic crisis is not going to be kind to Russia.

Seems