The Happy Arab News Service

Sunday, September 7, 2008

Putin + Russia = :-) ?

Question to the experts:

Last night i was talking to my friend who does a lot business with Russia, he really likes Putin, claiming he has done a lot to improve the average Russian's living standards. He says that under Putin average salary, life expectancy and quality of govt services has gone up, as well as investment in infrastructure.

I read a few articles in the economist which seem to suggest the opposite (for example about their IT industry that doesn't seem to take off), my understanding is that while some people did get richer the average Russian still leads a pretty miserable existence. It seems that growth is mostly in the oil and natural resources sector (which might have a trickle down effect, but can it lift a whole country?). Still, my knowledge of Russia is limited.

What's your take on that?

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Proclaimed Black Ubuntu at 11:56 AM