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"Russia calling!" - Peter Hambro
Published: 06 October, 2010, 13:59
Edited: 09 October, 2010, 15:00
TAGS: Investment, Markets, Commodities, Russia and the global economy
With Russia looking to diversify away from commodity production Business RT spoke with Petropavlovsk chairman, Peter Hambro, about the role natural resources should now play.
06.10.2010, 13:47
"Russia Calling!"-Sergey GurievSpeaking at the 2nd day of VTB Capital International Investment Forum 'Russia Calling' Sergei Guriev, rector of New Economic School, told Business RT about the major economic challenges the country needs to meet. |
06.10.2010, 14:43
"Russia calling!" - Eric BerglofIn the wake of the economic crisis Eric Berglof, chief economist at the EBRD, spoke with Business RT about the lessons Russia needs to learn. |
They've been talking about diversification for years upon years. This forum is just more talk. Where is the deed? Stop talking and do it! Promote domestic production of Russian made goods. Study technology, make a coop with Intel or AMD and learn to make computer chips. Learn to make TV's again... Start manufacture and Industry... PRODUCE!!!! I'll buy local, if the product is of enough quality, everytime over import.
@Artyom, you are absolutely right but you must understand that transformation and reformation is not automatic. Russia is still modernization and such a process takes time. Every great industrial nation started the same way from a capitalistic business perspective. Production is taking place but if you continue producing without preparing the plain in terms of proper infrastructures, you will be heading for over production and over trading that can be counterproductive. That is why lots of contestable debates are taking place and by doing so Russia is modernizing. I only hope the Russian political elites will succumb to the voice of its people...