EconomyRussia could approach India in purchasing power parity, expert says
Russia could narrow its gap with India, the world’s third-largest economy by GDP at purchasing power parity, if it resolves the problem of attracting capital, said Anton Sviridenko of the Stolypin Institute of Growth Economics. He called for broader business credit access, conversion of household savings into investment and a stronger stock-market role.
Russia could approach India in purchasing power parity, expert says