Lucintel’s PESTLE Analysis of Russia: Economy to Reach $3.18 Trillion by 2018

Irving, TX, August 09, 2013 --(PR.com)-- Russia is one of the fastest-growing economies in the world. The country’s economy is expected to reach $3.18 trillion by 2018. Russia’s economic performance suffered during the global financial crisis but recovered in 2010 and 2011, due factors such as government stimulus packages and export growth. Petroleum and iron and steel are the leading industries in the country.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the PESTLE analysis of the country and presents its findings in “PESTLE Analysis of Russia 2013.” This report studies the Political, Economic, Social, Technological, and Legal analysis of Russia and includes a SWOT analysis and recent economic policy study.

Lucintel’s analysis indicates that Russia is one of the most corrupt countries in the world. Its high Corruption Perception Index (CPI) has become one of the major concerns for the investors looking to invest in the country. Russia also suffers from a high homicide rate. Major crimes ,including murder and robbery, are quite high in the country, which also reflects the risk of the country’s internal security.

The report also highlights the major drivers of the economy. Strong domestic demand is the key driver of the Russian economy. A solid workforce and abundant natural resources drive the economy. Domestic demand of population consumes almost half of the GDP. Russia’s strategic geographic location acts as a strength of the country, connecting it with the other valuable markets of Europe and Asia.

This report analyzes the impact of different macroeconomic indicators of Russia on various industries. This also includes the impact of socio-political-demographical changes on different industries. This report analyzes domestic and external economic trends, government policies, technological changes, and their impact on different industries.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.

Lucintel’s service offerings include SWOT Analysis, Target Screening, and Merger and Acquisition Consulting. Lucintel provides market research reports, strategic growth consulting, and due diligence services to clients around the world.