World Economic outlook - Russia is to become Europe leading economy 2030 : Russia is to become Europe's leading economy by 2030, surpassing Germany, and pushing the UK out of the top 10 by 2050, according to a new report titled Brics and Beyond released by PricewaterhouseCoopers. But should we believe them?
It's not to say that Russia isn't able to become a leader. The largest oil producer in the world, and with its 2011 GDP (PPP) ranking just below Germany, Russia does seem like a candidate to become Europe's leading economy by 2030 and stay that way well into 2050. But that's only if you make a prognosis based on the utopia that strict economic policies, not politics, rule these wintery lands.
It's not to say that Russia isn't able to become a leader. The largest oil producer in the world, and with its 2011 GDP (PPP) ranking just below Germany, Russia does seem like a candidate to become Europe's leading economy by 2030 and stay that way well into 2050. But that's only if you make a prognosis based on the utopia that strict economic policies, not politics, rule these wintery lands.
