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Publication Date: August 1994
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Ariel Cohen
Research Area: Economics
Keywords: Asia and the Pacific
Type: Report
Coverage: Russia (Federation)
Abstract:
With bold and imaginative ideas, the Russian Far East could undergo the kinds of economic growth experienced by California during the decades following the 19th-century “gold rush.†The Russian Far East is more than adequately endowed with natural resources. It is located in the booming Asia-Pacific region, and it is capable of attracting foreign investors. Moreover, it could draw millions of the unemployed from the rustbelts of European Russia, the Urals, and Siberia.