Russi The Largest Country Of The World

Developing the Russian economy would further be significant as there was an increase in unemployment. The idleness was

Russia, the biggest country in the world and incredibly diverse in its ethnicity, around four-thousand kilometers from north to the south. Russia is so big it lies on two continents: Europe and Asia. Russia has a variety of terrains with mountain ranges, plains and large forests. It also has an enormous amount of natural resources, which they use to trade in the United States, China, India, Brazil and Indonesia.

Russia’s economy is very complex and also very terrible at the same time. Many other economy’s are also like this but Russia’s is a very interesting thing to learn about. Russia’s economy has many things wrong with it that in the long run could probably affected it in a negative way. But it also has many positive things about it.The negatives and the positives are, in my opinion, are equal in Russia economy.

Russian culture is defined by its ethnic diversity, religion, music, arts, and literature which are admired and respected all over the world. The country currently has close 190 ethnic groups composed of Tartar, Ukrainian, Bashkir, Chuvash, and Chechen descent (Bradford, n.d). These ethnic groups have contributed their language to the Russian society among other things. Religion can be considered one of the most important

Perhaps the most significant impact of the collapse of the Soviet Union in 1991 has been the economic chaos which subsequently consumed the country. For five years following the collapse, Russia saw its comparatively developed centrally planned economy contract severely. It was not until 1997 that Russia began to show signs of recovery as a result of its new open-market policies. Since that time, the gross domestic product (GDP) of the country has grown by an average of 6.7 percent per year, largely on the back of oil exports, as well as a steadily developing service and industrial output. Currently, Russia's GDP by purchasing power parity (PPP) is approximately $1.5 trillion, making it the ninth largest economy in the world and the fifth largest in Europe. If this growth rate is sustained, the country will become the second largest European economy after Germany and the sixth largest in

Amid Russia’s current political strife, there is an aroused interest in the nation as a whole. Only by understanding its origin and growth can Modern Russia truly be understood. The very concept of Russia as just a country is fundamentally flawed, until the Russian people are acknowledged as more than

Russian culture focuses on family, friendship, and traditions. Russia is a secular state, where no religion may be established as a state or compulsory. As well as the freedom of conscience and religion is guaranteed by the Constitution. All citizens of the given the right to profess any religion and the right to be a Christian. Despite this, there are many believers in Russia. In the country there are more than 70 religious denominations. Most of the believers in Russia are Christians in the form of the Russian Orthodox Church. Islam is the second prevalence of religion in Russia. Also from the common religions in the territory of the Russian Federation is called Buddhism, Judaism and Protestantism. Russian literature is a strong and tremendous style to learn more about the Russian culture and attain about the Russian ways of understanding, caring, fighting, and being passionate. It is interesting that “Russian literature has also had a worldwide impact, with writers such as Leon Tolstoy and Fyodor Dostoevsky still being read around the world.” The most colorful place in Russia is Kremlin; it is also the oldest place in Moscow, Russia’s capital. The idea is supported by the belief that “The Kremlin is Russia 's mythic refuge, a self-contained city with a multitude of palaces, armories, and churches, a medieval fortress that links the modern nation to its legendary past in the ancient state of Kievan Rus '.”

Russia has a long and complex history, I will do my best to explain it in this paper. Russia was believed to be started in 862 when the viking Rurik discovered the nation. There then was many tribes there that was only united for Christianity in the 10th and 11th centuries. The first Russian dynasty was in modern day Novgorod. At first Russia was called Kievan Rus with a large center city called Kievan. Back in those times the country wanted to convert wanted to a Muslim-style religion until, one of the leaders showed them that they couldn’t drink under that religion. That is when they switched to christianity. Kievan Rus thrived over modern day Russia for almost three centuries, but in the thirteenth century Russia was invaded by

Russia, the largest country in the world, has a very deep and immense culture; a country that has been adapting and changing its culture since as early as the 9th century. Values, beliefs, language, and even the religion all have had major impact on this powerful nation. Culture is the complex whole of a society, this includes everything that gives a society its identity; culture is learned, it is not inherited, most of it is unconsciously learned from family, friends, peers, and even the media. Culture is shared, giving people the ability to predict how others act and interact with each other. With a rich culture of ballet, art, classical music and even painting it is easy to see how Russian culture has molded into the culture it is

When discussing Russia’s demographics, it is important to note that it is the largest country in the world, ranging across 17.1 million square kilometers. Russia thus has many different ethnic groups, languages, and religions. Russia’s reported population from 2017 is 143.9 million which includes over 170 ethnic groups designating as their nationalities. Russia’s major ethnic groups are Russian and Tatar with their languages being the top two as well. As for religion, Russians are mostly Russian Orthodox or Muslim, and the 2% are other Christians. To top it all off, “Russia has one of the best mass-education systems in the world, producing a literacy rate of 98%” (higher than most Western European countries) (O’Connor), consisting of primary school, secondary school, and higher education.

Our group decided to focus economic backgrounds of major four countries in the Eastern Europe: Ukraine, Turkey, Russia, and Poland. First, Ukraine has a population of 42.8 million with 1.4% of upper class. GDP of $370.8 billion with -6.8% growth rate and -0.2% 5-year compound annual growth rate. Ukraine has $8,668 per capita with 12.1% inflation rate and 7.7% unemployed rate. In 2014, Ukraine’s economy was heavily indebted. Coal mining and heavy industry are major resources, but due to the high energy-sufficient, Ukraine is dependent on imports of Russian gas. Turkey has a population of 76.9 million with 10% upper class. Turkey has a GDP of $1.5 trillion with 2.9 % growth rate and 5.4% 5-year compound annual growth rate. Turkey has $19,610 per capita with 7.46% inflation rate and 10.1% unemployed rate. Turkey’s economic is continuing growing due to strong private and public consumption. Russia has a population of 142.4 million with 20% of upper class. Russia has a GDP of $3,471 trillion with -3.9% growth rate and $23,700 per capita. Russia’s overall economy decreased in 2015 due to low oil prices, international sanctions, and structural weakness. Lastly, Poland has a population of 38 million with GDP of $955 billion with 3.3% growth rate and Poland has $8,668 per capita with 0.9% inflation rate and 7.9% unemployed rate. Poland’s is considered as a growth champion in Europe because of high education, entrepreneurship, and hard work.

Today’s Russian Federation is characterized by low competitiveness in the context of firm strategy and rivalry, a supportive infrastructure for industries, a mixed bag when factor or input conditions are assessed (human resources, capital resources physical infrastructure, etc.…), and a polarized consumer base, where some hold most of the wealth, while the rest are quite average or below the poverty line. It is an overachieving country, with high income compared to low competitive index. In Porter’s Diamond-E Framework, Russia is in the Efficiency-Driven Stage; it is an investment-driven economy.

Russia has an annual GDP of 3.5% while unemployment is 5.2%, inflation. The economy of Russia is dependent on what is called the global commodity price fluctuation, this sector represent 25% GDP, 50% federal budget and 80% of export.

Although this shows promising opportunity, this doesn't show that the job opportunities are given in specific fields that have a demand for employees. The Russian economy has since accommodated the labor market to withstand the impact of the economic crisis. However, this doesn't solve other problems since the collapse of the economy. A huge conflict of the Russian labor market is something called “hidden unemployment,” which occurs when people are demanded to go on unpaid leave, or their working days/shifts are reduced significantly. This has a long term effect on the entire market. This essentially will evolve into a cycle of people being given the term "hidden unemployment", limiting consumer resources, thus increasing the number of those involved in "hidden unemployment". Tatiana Maleva is the director of the Institute of Social Analysis and Forecasting at RANEPA (The Russian Presidential Academy of National Economy and Public Administration). According to Maleva, this is a factor of the current job market in Russia, which makes the Russian labor market vary from many other labor markets towards the West.

Russia, known by most as the Russian Federation, is a federal state in Eurasia. Russia is the largest country in the world at 17,075,200 square kilometres by surface area, covering more than one eighth of Earth 's inhabited land, and the ninth most populous, with over 146.6 million people as of end of March 2016. The European western part of the country is much more populated and urbanised than the East, with almost eight-tenths of the population living within the European region of Russia. Russia 's capital, Moscow is one of the largest cities in Europe and the world. Its ohter major urban cities include Saint Petersburg, Novosibirsk, Yekaterinburg, Nizhny Novgorod and Samara.