Desai, Raj M.; Goldberg, Itzhak - Economics Research, World Bank Group
climate. After the 1998 crisis, as gross domestic product rebounded, investment accelerated, and foreign direct investment … important factors contributing to its expansion has been the skyrocketing cost of oil and gas. In 2000, when Vladimir Putin took …, and rising wages as well as the exhaustion of Russia's excess industrial capacity. Observers have called for Russian …