Practicing Success
When did most of these post-Soviet economies, especially Russia, start reviving after their independence? |
Immediately after independence Approximately five years after independence Ten years after independence Twenty years after independence |
Ten years after independence |
Most of these post-Soviet economies, especially Russia, started reviving approximately ten years after their independence. Most of these economies, especially Russia, started reviving in 2000, ten years after their independence. The reason for the revival of most of their economies was the export of natural resources like oil, natural gas and minerals. Azerbaijan, Kazakhstan, Russia, Turkmenistan and Uzbekistan are major oil and gas producers. Other countries have gained because of the oil pipelines that cross their territories for which they get rent. Some amount of manufacturing has restarted. |