Colonel Vladimir Putin - The Greatest "Most Successful Russian Leader Ever" Путин





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Published on Dec 1, 2012

Colonel Vladimir Putin - The Greatest "Most Successful Russian Leader Ever"

Summary of Major Economic Accomplishments of Colonel Vladimir Putin/President Vladimir Putin:

Under Putin's administration the Russian economy grew every single year, with an overall GDP increase of more than 70%. During the same period, investments rose 125%, industry grew by 76%, and poverty decreased 50%. The average monthly salaries in Russia increased from $80 to $640, and the middle class grew from 8 million people to 55 million.

*Analysts have credited these impressive economic achievements to strong macro-management, capital inflows, fiscal policy reform, and rising energy prices (Russia is a large exporter of oil and gas). Putin wisely reintroduced nuclear power and positioned Russia as an energy super power that Europe has come to rely on. He also invested heavily in Russian infrastructure, including pipelines. Among Putin's accomplishments was the introduction of a 13% flat tax and the reduction of the corporate tax rate from 35% to 24%. As a result, Putin has maintained extraordinarily high approval ratings from the Russian people, winning his second & third Presidency with 71%,63.6% of the vote.

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