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To become more efficient business need to be modernized we need new technology in manufacturing. so i am assuming we look to. one area where new technology is already in use is in russia s oil and gas industry the energy sector is hugely important for the country s economy accounting for almost sixty percent of exports in other areas though russia struggles to compete on the global market as in the past several years the government s focused on promoting major industries some would say to the neglect of small to medium enterprises government spending has risen to seventy percent of g.d.p. . this big gold rush made it possible to put painful but necessary reforms on ice reforms are always associated with risks because they lead to a temporary drop in the standard of living in the. german investors ....

Economy Accounting , Oil And Gas Industry , Energy Sector , Government Spending , Gold Rush , Rice Reforms ,