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Bird's-eye View Of Russia
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A simpler, more streamlined tax code adopted in 2001 reduced the tax burden on people and dramatically increased state revenue. Russia has a flat tax rate of 13 percent. This ranks it as the country with the second most attractive personal tax system for single managers in the world after the United Arab Emirates. According to Bloomberg, Russia is considered well ahead of most other resource-rich countries in its economic development, with a long tradition of education, science, and industry. The country has more higher education graduates than any other country in Europe.
The economic development of the country has been uneven geographically with the Moscow region contributing a very large share of the country's GDP. Another problem is modernisation of infrastructure, ageing and inadequate after years of being neglected in 1990s; the government has said $1 trillion will be invested in development of infrastructure by 2020.
• Agriculture
The total area of cultivated land in Russia was estimated as 1,237,294 km2 in 2005, the fourth largest in the world. In 1999–2009, Russia's agriculture demonstrated steady growth, and the country turned from a grain importer to the third largest grain exporter after EU and USA. The production of meat has grown from 6,813,000 tonnes in 1999 to 9,331,000 tonnes in 2008, and continues to grow.
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