Russia

Top 10 Largest Countries by GDP 2013

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Last year I started to pay more attention to the TOP 10 largest economies in the World by terms of Gross Domestic Product. It's time to compare them again. Top 20 Largest Economies In The World by…


BRICS: An Overview of the Five Developing Economies (2013)

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The BRICS countries, which include Brazil, Russia, India, China, and South Africa, are a group of developing economies that are expected to have a significant impact on the world economy in the…


Electric power consumption (kWh per capita) in Former Soviet Union 2011

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In the wake of the recent power outage in Tbilisi, I decided to delve into electric power consumption in the Former Soviet Union (FSU) space. In this article, I explore the kWh per capita consumption…


GDP In Former Soviet Union 2013

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The GDP of the former Soviet Union countries has been a topic of interest for many economists, politicians, and individuals alike. The economic performance of these countries is seen as an indicator…


GDP Per Capita In Former Soviet Union Countries 2013

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The collapse of the Soviet Union in 1991 marked the beginning of a new era for the countries of the former Soviet Union. With the fall of the Soviet regime, many of these countries were left to fend…


Inequality of Minimum Wages in Former Soviet Union: An Updated Look in 2014

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It has been six months since I last analyzed the minimum wages in the former Soviet Union. Although it is not a major factor in economic growth, the minimum wage is still a relevant indicator in…


SPAR enters Georgian market; SCANIA to produce fuel from wine making waste; Georgia celebrates EU AA and Free Trade

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<p>On the other day I spent interesting afternoon walking around one of Tbilisi's neighbourhoods - Saburtalo. Made a ton of instagrams, visited local shopping chain Goodwill, tasted sushi…


GDP per capita in Ukraine: Past, Present, and Future (2014)

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The Ukrainian economy has struggled to reach its full potential, with a GDP per capita of $3,866 thousands in 2012. Despite recent developments, such as the signing of the Association Agreement with…


Exploring the Frozen Conflict in Nagorno-Karabakh: A Look into the Past and Present (2014)

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I spent a lovely afternoon at one of the many parks in Tbilisi on Eristavi street. I was surprised to see that there were many American people living or walking around the area. I had some free time…


South Ossetia's Call for Integration with Russia: A Controversial Move

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South Ossetia, a breakaway region of Georgia, has expressed its desire to join the Russian Federation. The region has been de facto independent since a 2008 war between Georgia and Russia, which…