International diplomacy doesn’t often use sports metaphors, but if it did, Putin has “slam-dunked” the West. From Ilya Tsukanov at sputnikglobe.com:
Speaking at the plenary session of the St. Petersburg International Economic Forum, President Putin outlined Russia’s development priorities through the year 2030, and highlighted the self-sabotaging role the West has played in undermining its own hegemony around the globe. Sputnik asked experts from Europe, Asia and Africa for their key takeaways.
Tens of thousands of sanctions leveled against Russia by Western countries have paradoxically failed to crush the Russian economy, and on the contrary the country is seeing economic growth at rates almost unprecedented in its post-Soviet history.
“We have set a goal to enter the top four largest economies in the world,” President Putin said during his speech at SPIEF on Friday. “Just last week the World Bank made additional calculations and put Russia in fourth place. We found ourselves ahead of Japan. Russia ranks fourth in terms of purchasing power parity GDP.”
But Russia won’t rest on its laurels, Putin said, noting that the difference in GDP remains “small,” that other countries are not standing in one place, and that “leadership positions need to be constantly confirmed and strengthened.”
To that end, Putin outlined an economic growth and investment strategy over the next six year period, including, among other things, a drive toward increased self-sufficiency, a substantial jump in capital investment, changes to the tax code, and a renewed push to attract private investment.
Is never interfere while your enemy makes mistakes really G Kasparov level?
A six year plan! Yes we can.
The more it tightens its grip reminds of the classic .38 Special song about don’t hold on too tightly.
Hey o[+_+]o what is Russia’s GDP?
$2.24 trillion USD
$17.9 trillion for PRC/CCP
$4.32 trillion for Japan
$25.44 trillion for USA
(all numbers 2022)
(h/t-World Bank)