Russia joins the 'global club’ as economy slows

An opinion editorial in The Daily Telegraph by Liam Halligan, chief economist at Prosperity Capital Management, says that the “stamp” of World Trade Organisation (WTO) approval, which could soon be followed by membership of the Organisation for Economic Co-operation and Development, should make mainstream investors less nervous about Russia. However, Russia is less well-placed to enjoy that kind of explosive growth that China enjoyed after joining the WTO.

Saturday, August 25, 2012