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Home > News > Russia: Glimpsing The Future Through Rose-Colored Glasses

June 20th, 2007

Russia: Glimpsing The Future Through Rose-Colored Glasses

Ivanov went on to say that Russia would be among the world's five leading economies by 2020. Living standards, he went on, would come closer to those of highly developed countries, with a GNP of $30,000 per capita, as opposed to less than $12,000 in 2005. Moreover, he said, the country would pursue dominance in five critical industries -- nuclear energy, civil and military aviation, space, specialized shipbuilding, and nanotechnology. (Speaking after the forum, Ivanov said nanotechnology will contribute as much to the Russian economy as the nuclear and space industries combined did during the Soviet era.)


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