It’s quite common in today’s politically charged world to hear western leaders say something to the effect that “Russia doesn’t matter.” The facts, though, do not confirm their story. Here is a look at five indicators that paint a picture of a Russian economy that’s highly important to global economic growth. Jobs Created The first is global employment growth. In fifth place is the Russian economy at 3 million net new jobs, accounting for about 5 percent of all net new jobs since 2009 (sample size = 65). Hurting Russian employment will certainly have a multiplier effect on connected nations….
Russia Matters, Regardless of What US, EU Leaders Say [CHARTS]
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.