It's quite common in today's politically charged world to hear western leaders say something to the effect that "Russia doesn't matter." The facts, though, do not confirm their story.
Here is a look at five indicators that paint a picture of a Russian economy that's highly important to global economic growth.
Jobs Created
The first is global employment growth. In fifth place is the Russian economy at 3 million net new jobs, accounting for about 5 percent of all net new jobs since 2009 (sample size = 65). Hurting Russian employment will certainly have a multiplier effect on connected nations.
Retail Sales
Since 2007, the fourth fastest growing Setup a free account to get access to this article (no credit card required).Login required to continue reading.
