In the rearguard of the former USSR
August 6, 2009
Translated from the Russian by The Other Russia
Russia has shown some of the worst results in economic decline, inflation rate, and income decline among the CIS countries
The statistical data of the country’s socioeconomic development for the first half of the year looks gloomy. The domestic economy is experiencing shocks much worse than those of developing countries, i.e. members of the BRIC (Brazil, Russia, India, and China), and neighboring CIS countries.