Russian market liberalisation

Russian market liberalisation

Russian market liberalisation

In the early 1990s, some 70% of the economy (measured by GDP) was transferred to the private sector. However, since the beginning of Vladimir Putin’s first presidency in 2000, state ownership has made a comeback. In 2012 the state-owned sector was estimated at around nearly 50% of GDP, compared to an international average level of 30%.


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