Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
  • Russia’s economy, boosted by military activity, is now classified as high-income by the World Bank.
  • Russia’s GDP grew 3.6% in 2023, with trade and financial sectors rebounding.
  • The World Bank also upgraded Bulgaria and Palau, while the West Bank and Gaza were downgraded.
  • RubberDuckEnglish
    6•4 months ago

    I don’t know if they could do more. As a system that allows for such powers corrupts.

    • @[email protected]English
      2•4 months ago

      Oh I’m not advocating a planned economy though Russia’s overall problems with corruption run deeper than any system.

      What I’m saying is that if you’d put those planners in charge of France’s dirigisme France would probably make a modest leap ahead.