[FPSPACE] Article in Business Week: Russia's Middle Class

[Woods, Dave]

There is an article in this week's Business Week, 16 Oct 2000, pg 78
entitled "Russia's Middle Class" that readers on this forum might find
of interest.  "... Aided by soaring oil prices and a devalued ruble, 
Russia's economy is projected to grow 5.5% this year, after expanding 
3.2% in 1999.  The 1998 devaluation helped boost a new set of 
entrepreneurs by creating an opportunity to fill a niche once supplied
by now too expensive imports. ....".   ".... There can be no better news 
for Russia than the emergence of a middle class.  Such a cadre of
stakeholders is this troubled country's best hope for building a stable,
civilized, prosperous society. ..... "   Interesting reading. 

Dave